The EU Referendum

The government has confirmed financial support for EU students starting courses in the 2018–19 academic year. The decision means that EU students applying for an undergraduate or master’s course at an English university will continue to have access to student loans and grants, even if the course concludes after the UK’s exit from the EU, while PhD students remain eligible to apply for UK Research Council studentships for the duration of their study.

“The University of Reading is proud of its multinational community. We have 17,000 students from more than 140 countries, and campuses in the UK, South Africa and Malaysia. We have always had an international outlook. Brexit will not change this.” Find more information about Brexit on the University of Reading website.

You can also read the official position of Henley Business School as written by Dean Professor John Board and Head of ICMA Centre Professor Adrian Bell.

FAQs for Undergraduate Courses

I don’t have AS Level Maths – can I apply?

For BSc Finance and Investment Banking, the AS Level Maths (or equivalent) in an important part of the entry criteria and we are unable to offer you a place if you do not meet this requirement. For courses offered jointly with other departments (e.g. BSc Accounting and Finance and BSc Maths with Finance and Investment Banking), please check entry requirements as stated by the relevant department.

Will I need to take an English test i.e. IELTS or TOEFL?

If English is not your first language, you may be required to take an English test. Requirements are as follows:

  • TOEFL (Test of English as a foreign language): overall score of 88 with no less than 17 in Listening and Writing, 18 in Reading and 20 in Speaking
  • IELTS (British Council International English Language Test): Score of 6.5 overall with no component less than 5.5

For more options please see the International Study and Language Website or email a member of the Undergraduate Admissions team.

Are there any scholarships or prizes available?

Click here for details on undergraduate scholarships.

FAQs for Postgraduate Courses

Is there an application fee?

Yes, there is a one-off £30 application fee (one charge regardless of how many courses you apply for). You can pay this by credit/debit card.

Click here to pay your fee (please contact us if you require details of alternative payment methods).

Can I apply for more than one course?

Yes, you are welcome to apply for more than one course. Please also note that if we cannot offer you a place on your chosen course we may suggest a suitable alternative. If you wish to discuss which courses may best suit your career aspirations you are welcome to contact our careers team.

What are the differences between the 9 and 12 month programmes?

The full-time programme is taught at the ICMA Centre. Starting in September each year, both learning options offers the benefit of studying alongside some 200 students from a range of different countries, with academic staff and tutorial assistance at hand. The 12 month option will involve an elective 20 credit module completed between July and August , which would also mean a 20 credit reduction in the number of taught modules taken in the spring term. All students will graduate in December.

Will I need to take an English test i.e. IELTS or TOEFL?

If English is not your first language, you may be required to take an English test. Requirements are as follows:

  • TOEFL (Test of English as a foreign language): Overall score of 100 with no less than 20 in Listening, Writing and Reading and 21 in Speaking.
  • IELTS (British Council International English Language Test): Score of 6.5 overall with no component less than 6 when attending the 6-week pre-sessional English course offered by the University of Reading. Entry to this pre-sessional course with a score of 6.5 fulfils your English language requirement.

Please note that students not attending a Pre-Sessional course will need to pass IELTS with an overall score of 7 and no component less than 6.0. For more options please see the International Study and Language Centre Website or email a member of the Postgraduate Admissions team.

Does the ICMA Centre have a code for the TOEFL exam?

The TOEFL code for the University of Reading is 0769.

I have a conditional offer but have not met my academic conditions. Can I keep my place on the course?

If your results are much lower than our requirements we may not be able to offer you a place. However, if you only missed out by a small margin we will ask the admissions team to review your results and make a decision. This is normally communicated to you very shortly after we receive your final transcript (i.e. within a few days).

Can I defer my place?

We usually allow deferrals for one year. Please email admissions@icmacentre.ac.uk if you wish to request a deferral.

Will I have to pay a deposit?

Yes, we require a non-refundable £1000 deposit within six weeks of receiving your official offer letter from the University of Reading Central Admissions Office. We advise waiting for your official offer from the University of Reading Central Admissions office (listing all conditions) before making your payment. Your deposit will be deducted from the tuition fee of your chosen Masters degree.

What is the essential information I need to submit in order for my application to be considered?

The very least we need, in addition to your completed application form and the application fee, is a current academic transcript. All other items can be provided at a later date (e.g. degree certificate, references etc).

Do you need academic references?

Yes. However, if you have been out of education for longer than 5 years we are happy to accept professional references from a current manager/supervisor. When submitting your online application you will be asked to enter contact details for your referees. The application system will then send an automated request to your referees. Please note that if you have entered their personal email address (rather than professional), we will require the references to be uploaded on professional headed paper.

How many intakes do you have per year?

Our Full-Time courses only have one intake – September.

Will I need to take a GMAT?

We will need to assess your application to determine whether a GMAT is necessary. A GMAT condition tends to be applied for some of our MSc degrees (see next FAQ for exempted degrees) when there is not sufficient evidence of a satisfactory level of numeracy or if candidates have been out of education for a significant period of time. We advise submitting an application as early as possible so that you have plenty of time to satisfy this condition if applied to your offer.

Are there any courses which do not have a quantitative requirement?

Yes, a quantitative requirement does not apply to the following courses:

MSc Behavioural Finance

MSc Capital Markets, Regulation & Compliance

MSc International Shipping & Finance

Does the ICMA Centre have a code for the GMAT exam?

Our GMAT reference is SH0-BR-04.

What is the application deadline?

We process applications all year round but recommend applying as early as possible to ensure you can have a place in your chosen degree. Please be aware that to ensure there is enough time to complete all administrative procedures, and VISA requirements, applications may need to be submitted no later than a month (or longer) before the start of the courses. Please contact us for advice at admissions@icmacentre.ac.uk if you are planning to submit a late application.

How do I apply?

Please submit an online application here. You will be prompted to upload your documents.

How long will the decision take?

We aim to give you a decision within 5-10 working days. It can be shorter or longer than this depending on the time of year. Offers will be confirmed by the University of Reading Central Admissions Office within 2-3 weeks after the provisional offer.

You have recommended that I am made an offer but I have not received my official offer yet. Why is this?

It usually takes 2-3 weeks for the University of Reading Central Admissions Office to confirm an offer and give you further details on academic conditions you will need to meet and any additional information that may be required. We ask you to be patient during this time. However, if after 3 weeks you have not received an official offer, please email us at admissions@icmacentre.ac.uk and we will follow it up for you. Before you do this please check that the email with the official offer has not been accidentally sent to your SPAM folder.

Why have I been rejected?

The most common reason for rejection is that the admissions team do not feel that you meet our entry requirements. If you wish to question this, you are welcome to email admissions@icmacentre.ac.uk to request feedback. We also reject applications if they are not completed within a certain time frame – we will send you reminders before rejecting your incomplete application.

How many students do you take each year?

Our student numbers vary from year to year but we tend, on average, to have around 250-325 postgraduate students and 50-60 first year undergraduates in programmes fully taught by the ICMA Centre.

Can I pay my Tuition fee in instalments?

We can offer two instalments – half of the fee can be paid before the start of the course and half before the start of the Spring term in January.

Are there any scholarships available?

Click here for more information about our postgraduate scholarships

Are your courses accredited?

Click here for more information about our course accreditation

FAQs PhD courses

Do I need to contact a supervisor?

No – once you submit an application, we will assess whether you meet our entry criteria. If you pass this stage we will refer your application on to potential supervisors to see if there is anyone available and interested in this topic.

How long does the application process take?

It can take 6-8 weeks for a decision to be made.

Is there any funding available?

Please click here for more information about PhD funding