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Financial Mathematics

Course Details

CAO Code:
Course Type:
Undergraduate
NFQ Level:
8 - Please see www.qqi.ie for further information
Placement:
Yes
Delivery Modes
Full-Time
Minimum Points
N/A
Duration
Two Years
Phone:
+353 (0) 1
700 8232

Do you love maths? Do you especially enjoy calculus, probability and statistics?

Overview

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A career in quantitative finance could be ideal for you and this is the course to prepare you for it. The big advances in financial products in recent decades, such as derivative securities, have been driven by new developments in mathematics. Using and developing these products in risk management demands a deep understanding of their mathematical character. 

This course is distinctive in that it digs down into the underlying mathematics, so you¡¯ll become able to work with flexibility and skill with the latest financial products. You¡¯ll gain cutting-edge knowledge in probability and stochastic processes, financial economics, stock-related and fixed income products, time series analysis, machine learning, and computer-based financial simulation. 

Develop highly sought-after skills
Mathematical and logical reasoning are among the most transferrable and valuable skills graduates can offer prospective employers. Being able to formulate and solve complex real--world problems, using a mixture of mathematical expertise and computer software, is especially valuable. These skills are among the most important you¡¯ll gain from this course. 

In third year, you¡¯ll do an INTRA work placement of up to eight months, typically in a quantitative role at a financial services company. Given Dublin¡¯s position as a financial centre, these placements are usually in the city, but can be elsewhere. Once you graduate, you¡¯ll be ideally positioned for a career in financial trading, investment analysis, risk management, insurance or the actuarial profession.

These are very mathematical areas of finance, so a prospective student should be very able mathematically, and the degree programme is mostly concerned with the mathematical, rather than the business, aspects of these areas of finance.

DCU People

Profile picture of Finbar Murphy
Finbar Murphy
Alumni

Choosing this course was easy for me. With a relative who previously studied Actuarial Mathematics in DCU, I knew a lot more about my course than any college brochure could describe.


Read more about Finbar Murphy

Careers & Further Options

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Careers

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.

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

DCU graduates are highly sought after by employers. Our Graduates work in environments ranging from large multinationals to SMEs, family businesses and start-ups across every sector.

DCU Careers Service has a number of learning and development initiatives in place for our students, giving them the skills they need for a successful career path.

Go to our Careers site to find out more about career planning, our mentorship programme, skills development and online resources for students when working on CVs and making applications.

Entry Requirements

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Applicants that have completed at least one year of study at NFQ Level 6, 7 or 8 at another institution may apply to continue their studies on a similar programme at DCU. There should be substantial overlap in content between the two programmes to be considered for a transfer. Results and other supporting documentation must be submitted to CAO by the closing date of 1st July. This is a competitive application process for a small quota of advanced entry places. Offers are made on a rolling basis until all places are filled. Early application is advised. Please note: Applicants should also consider applying through the appropriate route for first year entry to the programme they are interested in. This application process is only for advanced entry.

Advanced entry path to Year 3 only.

Course Structure

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Year 1 Core Modules

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

 

Year 2 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 2 Optional Modules

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

Fees and Funding

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Fees

Student Contribution.
€3,043 per annum
EU Status Fee
€6,250 per annum
Non EU Fee.
€15,400 per annum

How To Apply

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Applications are made via the CAO Advanced Entry route which will open on the 6th November to 1st July.

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

Life On Campus

Life on Campus
DCU Campus Glasnevin

DCU Glasnevin Campus

FAQs

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