Bachelor of Science (Financial Mathematics and Economics)
College of Science / College of Arts
Key facts
Entry requirements
Minimum HC3 in two subjects and passes in four other subjects at H or O Level in the Leaving Certificate including: Irish, English, Mathematics, a third language or a laboratory science subject (i.e. Chemistry, Physics, Biology, Physics with Chemistry (joint) or Agricultural Science) and any two other subjects recognised for entry purposes.
A HC3 in mathematics is required.
For A-levels a minimum of Grade C in A-Level mathematic is required
Additional requirements
This programme is an inter-college programme of the College of Science and the College of Arts, Social Sciences and Celtic Studies. The entry requirements of either College may be applied whichever is the more advantageous to the applicant.
Duration:
4 years
Next start date: September 2012
Entry points(2011): 430
A Level Grades (2011): AAB (A-Level) & c (AS)
Average intake: 20
Course overview
The Bachelor of Science in Financial Mathematics and Economics is an inter-college degree programme consisting of courses in Mathematics (includiing Actuarial Mathematics), Statistics (including Probability), Applied Mathematics, Economics and Computer Science, with particular emphasis on the interaction between Financial Mathematics and Economics.
There is a high demand from financial institutions for well-qualified students with quantitative skills, and the expanding market seeks highly-numerate professionals. The Faculty and Institute of Actuaries recognises this programme, and graduates can be expempt from some of the professional Actuarial subjects: CT1 Financial Mathematics, CT3 Probability and Mathematical Statistics and CT7 Economics. There may be more exemptions in the future.
Course outline
Year 1
- Mathematics
- Economics
- Computer Science
- Statistics and Probability
- Mathematics of Finance I
- Mathematical Methods
Year 2
- Mathematics
- Microeconomics
- Statistics and Probability
- Computer Science
- Macroeconomics
- Introduction to Financial Economics
- Mathematical Methods II
Year 3
- Metric Spaces
- Group Theory
- Economic Theory
- Actuarial Mathematics
- Mathematics of Finance
- Annuities and Life Assurance
- Econometrics
- Topology
- Applied Statistics
- Mathematical Modelling
- Advanced Economic Theory
- Economics of Financial Markets
- Money and Banking
Year 4
- Numerical Analysis
- Measure Theory
- Differential Equations with Financial Derivatives
- Seminar in Financial Markets I
- Seminar in Financial Markets II
- Stochastic Processes
- Neural Networks
- Actuarial Mathematics: Life Contingencies
- Non-Linear Systems
- International Monetary Economics
- Final Year Project
Further education
Honours graduates can pursue higher degrees in a wide range of related disciplines, including mathematics, actuarial science, financial economics, financial mathematics, statistics and economics.
Find out more
The College of Science
T 353 91 493 121
F 353 91 494 578
E cian.twomey@nuigalway.ie
http://www.fme.nuigalway.ie/
CAO code
GY309
Fees for this course
EU (Total): €7,492
- Tuition: €5,268
- Student contribution: €2,000
- Student levy: €224
Non-EU (Total): €13,750
Current Students
Mark Berry
BSc (Financial Mathematics and Economics)
"...In school I always favoured the numerical subjects and had an interest in finance, so this course was great as it offered a mix of mathematical and financial subjects. The broad, multidisciplinary nature of the course supplied me with ideal numerical and analytical skills to pursue a wide range of job opportunities..."
