BSc Financial Mathematics From Dublin City University

Program Overview

The BSc in Financial Mathematics course prepares you for a career in the financial sector, reflecting the field's increasingly high level of sophistication in mathematical knowledge and computing skills. This programme will equip you with the knowledge and skills required to design, price, and hedge complex financial products (such as derivatives, options and swaps), to understand the movement of stock and bond prices, and to measure and manage financial risk.

 

The programme provides you with a firm foundation in mathematics, statistics, and computing for banking, finance, and insurance. It's also suitable for students who intend to pursue careers in business and research roles in industry and academia. It is an intellectually challenging programme both in depth and in breadth, which best suits students with an interest in problem solving, who are keen to apply in mathematics to real-world challenges.       

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  Location

DublinIreland

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  Course Duration

24 Months

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  Tuition Fee

 15,000

 Score

IELTS: 6.5 TOEFL: 92

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The analysis of financial phenomena relies on a firm mathematical foundation. You will especially need to understand how numerical systems can persistently undergo change and how to handle mathematically the randomness which is in-built in the financial system. In Years One and Two, you will study several branches of mathematics, especially probability, statistics, and advanced calculus. You will also develop your understanding of economics, accounting and computer programming, and be introduced to applications of mathematics in finance. 

 

In Year Three, you will start to study how random processes can develop over time, and apply these mathematical methods to examine how financial phenomena can evolve. You’ll also learn how to employ sophisticated statistical techniques that are used to investigate large quantities of financial data. Other modules you’ll study will introduce the valuation of financial products. You'll participate in an INTRA work placement in second semester.

 

In the second semester of your third year, you'll participate in INTRA, an internship scheme placing students in relevant commercial employment. This is an opportunity for you to gain experience in financial firms and build industry connections.      

 

In Year Four, you'll study high-level modern probability, and then apply it to design and price complex financial products such as derivatives and swaps, as well as developing cutting-edge and data-driven models of the stock market. Portfolio management and investor behavior are also investigated in order to quantify and manage risk. The mathematical techniques you will master will range from the highly theoretical to the highly practical. Some of these will require large scale computer simulations which are needed to reliably price the most exotic financial securities.  
 

Year 3 Core Modules:

  • INTRA
  • Stochastic Modelling
  • Partial Differential Equations
  • Financial Mathematics
  • Financial and Actuarial Models
     

Year 4 Core Modules:

  • Probability and Finance II (Intermediate)
  • Fixed Income Securities (Intermediate)
  • Stochastic Finance (Intermediate)
  • Financial Economics I
  • Optimisation
  • Probability and Finance I (Intermediate)
  • Simulation for Finance
     

Year 4 Optional Modules -

  • Financial Economics II
  • Time Series (Intermediate)
  • Deep Learning
  • Uaneen Non-Contributing Module

General Entry Requirements

There is  no direct entry to the programme via CAO. All entries to this programme are via DC127

Student Contribution
€3,043 per annum


EU Status Fee
€6,250 per annum


Non EU Fee
€15,000 per annum

Career Prospects

  • Financial Services
  • Banking
  • Investment Manager
  • Risk Management
  • Financial Trading
  • Hedge Fund Services
  • Fund Administration
     

As a graduate of the BSc in Financial Mathematics degree, you'll find professional opportunities in a range of areas in the expanding financial sector. Ireland is a major European and global hub for the financial services industry, and is the fourth largest exporter of financial services in the EU.
 

As well as the careers in finance, banking and insurance for which your degree is specifically designed, as a graduate of the BSc in Financial Mathematics you will also possess an excellent qualification should you wish to progress to further research, to teaching or to employment in business or industry.

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