Gain a respected Postgraduate Diploma in Quantitative Finance by distance learning
The Postgraduate Diploma in Quantitative Finance is designed principally for postgraduates whose work in banks and other financial institutions requires knowledge of statistical (particularly econometric) and quantitative approaches to risk and derivatives. Graduates with strong previous quantitative training (such as engineers) and graduates with lower levels of previous training can both benefit from the programme by choosing appropriate courses. (The Programme Director will advise on your course choices).
The programme can also provide a suitable route towards entering the MSc Finance (major: Quantitative Finance).
This programme will equip you with the necessary statistical (particularly econometric) skills and quantitative approaches to risk and derivatives.
The programme has been developed by academics at the Centre for Financial and Management Studies (CeFiMS), a postgraduate research and teaching department within SOAS, University of London. Staff at CeFiMS have international reputations and are involved in researching their subjects at the very limits of current knowledge.
As a graduate of this programme you will be well prepared for research and other positions in banking, fund management, consultancy, central banks and international bodies.
Comprehensive study materials and support
You will be given all of the learning materials that you need to complete each course. These will typically include:
Your time commitment
This will depend partly on choices you make, but most students take two years to complete Postgraduate Diploma. The study calendar consists of five sessions per year. Each session is devoted to a specific module and lasts eight weeks (with the exception of the first session which runs for 10 weeks). During each session you will need to allocate between 15-20 hours per week to complete the programme.
Structure and Syllabus
PG Dip: 4 modules.
Four modules from the following
You only need to take one of these language tests:
Minimum required score:
The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.Take IELTS test
StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more
Minimum required score:
The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).
Minimum required score:
The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).
In order to be considered for registration applicants must have:
A good degree in finance, economics, or other appropriate discipline, from a university or other institution acceptable to the University (qualifications in other subjects will be assessed on their merits)
Previous education and experience without a First degree, which satisfies the University as a qualification on the same level as a First degree approved under (a) for this purpose, and which has included suitable preliminary training.
For some courses you will require a CD drive and DVD player. Also, please note that you will need to have access to a PC rather than a Mac if you are using econometric software such as EViews.
Please visit the EduGarage website [external link] to find out which browsers, plugins and operating systems best support Blackboard 8.0 for the Online Study Centre.
You are required to have internet access to participate in this programme.
All applicants must have a high level of English language ability in reading, writing and study skills equivalent to a score of 7.0 in the IELTS test, or 7 in both reading and writing; or a score of 600+ in the TOEFL paper-based test of English, with at least 5.0 in the test of written English; and in the TOEFL internet-based test, you will need a score of 100+, with 25+ in the written English test. Applicants may be asked to provide evidence of language ability as tested by the British Council or another registered body.
You must have regular access to a computer (or mobile device*) with an internet connection to use the University of London International Programmes website and the Student Portal. These are where your programme’s study resources are located. Through the Student Portal you can register as a student, enter exams and use your programme’s Virtual Learning Environment (VLE). The VLE provides you with electronic learning materials, access to the University of London Online Library, networking opportunities, and other resources.
To get the most from your studies, your computer should have at least the following minimum specification:
and the following applications installed:
* Full mobile access is not available for all programmes.
This is an online programme. You can attend from the comfort of your chair! So you don't need a student visa! (Unless that chair you're sitting on is in a foreign country...)
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
Testimonial Registration Module
Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.