LLM Law
University College Cork offers an LLM (Master of Laws) program designed to provide adva...
MSc Financial and Computational Mathematics
Cork
INTAKE: September
Program Overview
The MSc in Financial and Computational Mathematics program at University College Cork (UCC) integrates mathematical theories, computational techniques, and financial applications to equip students with the skills needed in finance, risk analysis, and related industries.
Curriculum: The curriculum covers a blend of advanced mathematical concepts, computational methodologies, financial modeling, risk analysis, and statistical techniques. Students learn to apply mathematical models to solve real-world financial problems and understand the complexities of financial markets.
Research Focus: The program emphasizes a research-oriented approach, encouraging students to engage in financial modeling projects, algorithm development, quantitative analysis, and statistical research related to financial markets, assets, and risk management strategies.
Industry Engagement: UCC fosters connections with financial institutions, banking sectors, and industry professionals. Students have opportunities for internships, workshops, and seminars that provide insights into practical applications of financial mathematics in the industry.
Global Perspective: The MSc in Financial and Computational Mathematics offers a global perspective by examining financial markets, economic trends, and risk management practices on an international scale. Discussions encompass global financial systems, diverse market behaviors, and the impact of globalization on finance.
Location
Cork
Score
IELTS 6.5
Tuition Fee
€ 18900
Postgraduate Entry Requirements
Academic Qualifications: For postgraduate programs, applicants typically require a minimum academic score of 70% or above in their previous studies.
English Language Proficiency:
- IELTS: Overall score of 6.5 or 7.0, with no individual band below 6.0.
- TOEFL: Overall score of 90, with specific section requirements: Listening 20, Reading 19, Speaking 21, Writing 20.
- PTE: Overall score of 63, with no section below 59.
- DET: Overall score of 120, with a minimum of 110.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.
University College Cork (UCC) offers various scholarships and financial aid options to support international students in their academic pursuits. These scholarships are aimed at assisting students with tuition fees, living expenses, and other educational costs.
International Merit-Based Scholarships: UCC provides merit-based scholarships for high-achieving international students entering undergraduate or postgraduate programs. These scholarships recognize academic excellence and may cover partial tuition fees or provide stipends.
Government and External Scholarships: International students may also be eligible for scholarships offered by their home governments, non-governmental organizations, or external funding bodies. UCC assists students by providing information and support in applying for these external scholarship opportunities.
Research Scholarships and Grants: For postgraduate research students, UCC offers various grants and scholarships to support research endeavors. These scholarships often cover tuition fees and provide additional stipends for living expenses.
Sports Scholarships: UCC recognizes talented athletes and offers sports scholarships to support their academic and athletic pursuits. These scholarships assist students in balancing their sports with their studies.
Faculty-Specific Scholarships: Certain faculties or departments within UCC offer scholarships tailored to specific academic disciplines. These scholarships aim to attract exceptional students to particular programs and fields of study.
Need-Based Financial Aid: The university understands the financial challenges international students might face and offers need-based financial aid programs to assist students who demonstrate financial need.
Graduates of the MSc in Financial and Computational Mathematics program at University College Cork (UCC) have a wide array of career opportunities in the finance, banking, and data analysis sectors.
1. Quantitative Analyst/Financial Engineer: Roles involve utilizing mathematical models, computational algorithms, and statistical tools to analyze financial data, assess risks, and develop trading strategies in financial institutions or investment firms.
2. Risk Analyst/Manager: Professionals specialize in evaluating financial risks, managing portfolios, and implementing risk management strategies to minimize financial exposure in banking, insurance, or investment sectors.
3. Financial Consultant/Advisor: Opportunities exist as financial consultants or advisors, providing guidance, financial planning, and investment advice to individuals, corporations, or institutions.
4. Data Analyst/Financial Data Scientist: Careers involve analyzing and interpreting financial data using computational and statistical methods to identify trends, predict market movements, and create predictive models for investment decisions.
5. Financial Software Developer/Algorithmic Trader: Roles encompass developing financial software, algorithmic trading strategies, and quantitative tools used in financial institutions or trading firms.
6. Actuary/Insurance Risk Analyst: Professionals assess and manage risks in insurance companies, using mathematical models and statistical analysis to determine insurance premiums and liabilities.
7. Banking Analyst/Investment Banker: Opportunities exist in banking and investment sectors, involved in financial analysis, structuring deals, mergers, acquisitions, and advising clients on investment opportunities.
8. Academic/Researcher in Financial Mathematics: Careers in academia or research involve teaching, conducting research, or contributing to financial mathematics advancements in academic institutions or think tanks.
