Studyportals

Financial Mathematics

Dublin City University

M.Sc. On Campus
12 months
Duration
15000 EUR/year
4577 EUR/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

This Financial Mathematics programme at Dublin City University is about high-level mathematics applied to practical problems in finance and industry. It is designed for holders of an honours BA or B.Sc. in Mathematics (or a closely-related field) who want to gain a working knowledge of up-to-date financial and industrial modelling, thereby opening up new career opportunities for themselves.

Overview

This Financial Mathematics programme at Dublin City University is based on the idea that high academic content and relevance to the real world are not mutually exclusive; indeed the full power of a mathematical theory is revealed only when it is put to use to solve practical problems. In this course, abstract theories are never presented for their own sake; equally we avoid fruitless lists of disconnected case studies. We believe that an integrated presentation of the theory and its use in practice is the optimal approach.

For the student, the resulting blend of sophisticated mathematics and significant applications is intellectually satisfying: the motivation to explore general concepts springs from their potential practical applications; these serve in turn to illustrate general methods. The student learns that the potential inherent in general concepts extends far beyond the specific applications covered in any given course.

For the employer, graduates who have at their command a wide spectrum of general methods and the ability to adapt them to new situations are infinitely more valuable than ones who are merely equipped with specific and thus limited skills.

The recent explosion of the derivative security market has created an unprecedented need for highly-sophisticated mathematics within the banking sector. With new exotic options appearing on the market every year, it is essential for the financial analyst to understand in-depth the random nature of the stock market. This requires a high degree of proficiency in the techniques of stochastic analysis. No other programme addresses these demands in Ireland at present. DCU is in a unique position to fill this gap because of its long-standing commitment to the field of financial mathematics, as testified by our B.Sc. in Financial Mathematics and the Edgeworth Centre for Financial Mathematics, located in the School of Mathematical Sciences.

Careers

The MSc in Financial Mathematics equips students with the theoretical and practical tools that they need to succeed in quantitative roles in the Banking and Finance industry. The employment record for our graduates is excellent.

In addition, under the terms of the Third Level Graduate Programme,  graduates from a Non-EEA country who have been awarded a degree from a recognised third level education institution in Ireland may remain in Ireland for a period after their studies for the purpose of seeking employment.    

Programme Structure

Courses include:

  • Probability and Finance (Advanced)

  • Partial Differential Equations

  • Poject

  • Fixed Income Securities (Advanced)

  • Stochastic Finance (Advanced)

  • Simulation for Finance

Key information

Duration

  • Full-time
    • 12 months
  • Part-time
    • 24 months

Start dates & application deadlines

Language

English

Credits

60 ECTS

Delivered

On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
Upper Second Class

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
92
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
6.5
Start practicing IELTS today!

Other requirements

General requirements

  • Hold an award equivalent to an Honours B.Sc. or similar in any quantitative discipline, such as Mathematics, Statistics, Computer Science, Physics, Engineering and Economics.  
  • Candidates must have an honours primary degree in one of the above disciplines with not less than 50% grade in Calculus, Linear Algebra, Quantitative Methods or similar modules.
  • Applicants with appropriate combinations of professional qualifications and work experience will also be considered.
  • International candidates who are non-native speakers of English must satisfy the University of their competancy in the English language.

Tuition Fee

  • International

    15000 EUR/year
    Tuition Fee
    Based on the original amount of 15000 EUR per year and a duration of 12 months.
  • EU/EEA

    4577 EUR/year
    Tuition Fee
    Based on the original amount of 4577 EUR per year and a duration of 12 months.

Funding

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.

Due for update

Updated over a year ago

Check the official programme website for potential updates.

Our partners

Financial Mathematics
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Dublin City University

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