MSc Financial Mathematics

Dublin

 

INTAKE: September

Program Overview

The MSc in Financial Mathematics at University College Dublin (UCD) is designed to equip students with advanced mathematical and statistical skills to understand and model financial markets. This program combines rigorous mathematical theory with practical applications in finance.

Curriculum: The curriculum covers a wide array of subjects including stochastic calculus, time series analysis, derivatives pricing, risk management, numerical methods, and quantitative techniques in finance. Students gain expertise in analyzing complex financial data and implementing mathematical models to solve financial problems.

Research Focus: Students engage in extensive research focusing on applying mathematical theories to real-world financial scenarios. They explore areas like asset pricing, portfolio optimization, financial risk assessment, and algorithmic trading, utilizing quantitative analysis methods.

Industry Engagement: The program fosters connections with the financial industry through seminars, workshops, and internships. Collaborations with financial institutions, banks, investment firms, and industry experts offer insights into practical applications and real-time challenges in finance.

Global Perspective: The MSc in Financial Mathematics provides a global perspective by addressing international financial markets and their interconnections. Students analyze financial instruments and strategies applicable across various global markets, gaining insights into diverse economic environments.

Pollster Education

Location

Dublin

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

€ 21460

Postgraduate Entry Requirements

Academic Qualifications: For admission to postgraduate programs at UCD, the general entry requirement is a minimum academic achievement of 65% or above in the student's previous academic qualifications, such as a bachelor's degree.

English Language Proficiency:

  • IELTS: Overall 6.5 or 7.0 with no individual band lower than 6.0.
  • TOEFL: Overall score of 90 with no section below Listening 19, Speaking 19, Writing 21, and Reading 19.
  • PTE: Overall score of 63 with a minimum of 59 in each section.
  • DET (Duolingo English Test): 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.

UCD offers various scholarships and financial aid options specifically designed to support international students pursuing their education at the university. These scholarships aim to recognize academic excellence, promote diversity, and alleviate the financial burden for deserving students. 

UCD Global Excellence Graduate Scholarship: This merit-based scholarship is awarded to high-achieving international students applying for eligible full-time master's programs. It covers a percentage of the tuition fees for the duration of the program.

UCD Global Undergraduate Scholarship: Intended for non-EU students, this scholarship is based on academic performance and offers financial assistance towards tuition fees for the duration of undergraduate studies.

Regional Graduate Scholarships: UCD provides scholarships targeted at students from specific regions or countries, encouraging diversity and supporting talented individuals from those areas.

UCD Ad Astra Academic Scholarship: This prestigious scholarship is awarded to outstanding students with exceptional academic achievements and offers financial support along with enrichment opportunities.

Sports Scholarships: For students who excel in sports, UCD offers scholarships to support their academic pursuits while actively participating in sports at a competitive level.

UCD Research Scholarships: These scholarships are available to support international students pursuing research-based postgraduate programs, providing funding and opportunities to engage in groundbreaking research initiatives.

Government and External Scholarships: UCD collaborates with various governments, organizations, and foundations worldwide to offer additional scholarship opportunities for international students based on specific criteria and partnerships.

Graduates of the MSc in Financial Mathematics have diverse career opportunities.

  1. Quantitative Analyst: Developing and implementing mathematical models for pricing, risk assessment, and trading strategies in financial institutions and investment firms.

  2. Risk Analyst/Manager: Assessing and managing financial risks in banking, insurance, or asset management sectors.

  3. Financial Consultant: Providing quantitative expertise and advisory services to firms on investment decisions, risk assessment, and portfolio management.

  4. Algorithmic Trader: Using mathematical models and algorithms to execute high-frequency trading strategies.

  5. Financial Software Developer: Designing and implementing financial software and tools for analysis, modeling, and trading.

  6. Research Analyst: Conducting research in financial markets, analyzing trends, and predicting market movements.

  7. Actuarial Analyst: Utilizing mathematical models for assessing and managing risks in insurance and pension industries.

  8. Data Scientist - Finance: Applying quantitative techniques to analyze financial data and derive insights for decision-making.


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