BSc Economics, Mathematics & Statistics

Dublin

 

INTAKE: September

Program Overview

The BSc Economics, Mathematics & Statistics program at University College Dublin (UCD) offers students a unique interdisciplinary education that combines economic theory, mathematical modeling, and statistical analysis. This program provides students with a strong foundation in economics, mathematics, and statistics, preparing them for careers in finance, data analysis, research, and academia. With a focus on quantitative methods, analytical skills, and critical thinking, the BSc Economics, Mathematics & Statistics program equips graduates with the tools and knowledge to tackle complex economic and social issues in a global context.

Curriculum: The curriculum of the BSc Economics, Mathematics & Statistics program at UCD is structured to provide students with a comprehensive understanding of economic principles, mathematical techniques, and statistical methods. Students study core subjects such as microeconomics, macroeconomics, calculus, linear algebra, probability theory, and econometrics, as well as elective modules in specialized areas of economics or mathematics. They learn how to apply mathematical and statistical tools to analyze economic data, model economic phenomena, and make informed decisions in a variety of contexts.

Research Focus: UCD has a strong research focus in economics, mathematics, and statistics, with faculty members conducting research in areas such as econometrics, game theory, financial mathematics, and data science. Students in the BSc Economics, Mathematics & Statistics program have the opportunity to engage in research activities through coursework, independent study projects, and participation in research seminars or conferences. They learn how to conduct empirical research, analyze economic data, and apply mathematical models to real-world problems, preparing them for further study or careers in research-focused roles.

Industry Engagement: UCD maintains strong connections with the financial industry, government agencies, and research institutions, providing students with opportunities for internships, placements, and industry collaborations. The BSc Economics, Mathematics & Statistics program incorporates industry guest lectures, workshops, and networking events, allowing students to interact with professionals in finance, data analysis, and related fields. Additionally, students may undertake internships or work placements with financial institutions, consulting firms, or research organizations to gain practical experience and build professional networks.

Global Perspective: Economics is a global discipline, with economic phenomena and policy decisions affecting countries and regions around the world. The BSc Economics, Mathematics & Statistics program at UCD emphasizes a global perspective, exposing students to economic issues, theories, and policies in different countries and contexts. Through the study of international economics, development economics, and global economic trends, students gain insights into the interconnected nature of the global economy and the role of mathematics and statistics in understanding and addressing global challenges. UCD's international partnerships, study abroad programs, and exchange opportunities further enhance students' understanding of global economic issues, preparing them for careers in an increasingly globalized world.

Pollster Education

Location

Dublin

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

€ 22600

Undergraduate Entry Requirements 

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 75% or above in their previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall band score of 6.0 or 6.5 with a minimum of 5.5 in each component.
  • TOEFL: Overall score of 90 with a minimum of 19 in each section.
  • PTE: Overall score of 63 with a minimum of 59 in each section.
  • DET: Overall score of 120 with no section score below 110 is required.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

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.

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.

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 BSc Economics, Mathematics & Statistics program at University College Dublin (UCD) possess a diverse skill set that prepares them for a wide range of careers in finance, data analysis, research, and academia.

Financial Analyst: Graduates can pursue careers as financial analysts, using their skills in economics, mathematics, and statistics to analyze financial data, assess investment opportunities, and make recommendations to clients or employers. They may work for financial institutions, investment firms, or corporate finance departments, conducting research, building financial models, and providing insights to support decision-making processes.

Data Scientist: Graduates can work as data scientists, leveraging their knowledge of mathematics and statistics to analyze large datasets, extract valuable insights, and develop predictive models. They may work in industries such as technology, healthcare, or marketing, using programming languages and data analysis tools to uncover patterns, trends, and correlations that inform business strategies and improve organizational performance.

Actuarial Analyst: Graduates can pursue careers as actuarial analysts, applying their mathematical and statistical skills to assess risk, pricing, and financial forecasting in insurance and pension industries. They may work for insurance companies, consulting firms, or government agencies, calculating insurance premiums, evaluating financial risks, and developing strategies to manage and mitigate potential losses.

Quantitative Analyst (Quant): Graduates can work as quantitative analysts, or quants, in financial markets, using mathematical models and statistical techniques to develop trading strategies, manage risk, and optimize investment portfolios. They may work for hedge funds, asset management firms, or investment banks, designing algorithms, conducting backtesting, and implementing automated trading systems.

Market Research Analyst: Graduates can work as market research analysts, using their analytical skills to collect, analyze, and interpret data on consumer behavior, market trends, and competitive landscapes. They may work for market research firms, advertising agencies, or corporations, conducting surveys, analyzing market data, and providing insights to support marketing strategies and product development.

Policy Analyst: Graduates can pursue careers as policy analysts, working for government agencies, think tanks, or nonprofit organizations to analyze public policies, evaluate their impact, and develop evidence-based recommendations for policymakers. They may specialize in areas such as economic policy, social policy, or environmental policy, conducting research, modeling policy scenarios, and advocating for policy changes.

Researcher or Academic: Graduates can work as researchers or academics, conducting theoretical or applied research in economics, mathematics, or statistics and contributing to academic journals, conferences, and publications. They may work for universities, research institutes, or government agencies, exploring new theories, testing hypotheses, and advancing knowledge in their respective fields through empirical studies or theoretical analysis.

Business Analyst: Graduates can work as business analysts, helping organizations improve their operational efficiency, strategic planning, and decision-making processes through data-driven insights and analysis. They may work in various industries, such as consulting, healthcare, or technology, collaborating with stakeholders to identify business needs, analyze performance metrics, and recommend solutions to achieve organizational goals.

Consultant: Graduates can work as consultants, providing strategic advice and analytical support to clients in diverse industries, including finance, healthcare, energy, or public sector. They may work for consulting firms, advisory agencies, or as independent consultants, helping clients solve complex problems, optimize processes, and make informed decisions based on data-driven analysis and industry expertise.


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