Full Time option suitable for:

Domestic(EEA) applicants: Yes
International (Non EEA) applicants currently residing outside of the EEA Region. Yes

In the Autumn and Spring Trimesters, you will take a mixture of face-to-face and online modules (indicative module list below). In the Summer Trimester, you will have the opportunity to take up a summer work placement with a Dublin-based financial firm, or a dissertation supervised by a member of faculty. Upon completion of the programme, you will be able to understand, critique and judge the suitability of a number of advanced financial mathematical models, manipulate, analyse and discern the reliability of financial data sets, and be acquainted with industry practice.

Upon completion of the programme the students will be able to:

• demonstrate a deep knowledge of quantitative methodologies needed for jobs in investment banks and financial institutions.
• apply financial mathematical theory and quantitative methodologies to real world situations.
• critique and understand the limitations of financial mathematical models, judging the suitability of financial mathematical models and understand industry practice.
• write and run computer programmes that analyse complicated financial systems and data sets.
• analyse the reliability of a financial data set.
• generate new knowledge through research.
• access library and online resources to develop and understand financial mathematical theory and models.
• continue to study in a manner that may be largely autonomous.
• train others in the use of financial mathematical models.

Graduates with training in Financial Mathematics can cover upper-level quantitative roles in several sub-sectors such as:

• Quantitative analysis in financial firms and hedge funds
• Risk modelling in banking and insurance
• Computational modelling in fintech
• Research and academia

View All Modules Here

Core Modules

• Stochastic Calculus
• Advanced Financial Models
• Counterparty Credit Risk
• Financial Risk Measurement and Management

Optional Module

• Computational Finance
• Statistical Machine Learning
• Optimization for Machine Learning
• Data Programming with Python
• Data Programming with R
• Introduction to Relational Databases and SQL Programming
• Measure Theory and Integration
• PDEs in Financial Maths
• Big Data Programming
• Advanced Econometrics: Time Series
• Behavioural Economics
• Energy Economics and Policy

​Summer Modules

• Financial Dissertation
• Financial Work Placement

MSc Financial Mathematics (T341) Full Time
EU          fee per year - € 8790
nonEU    fee per year - € 21460

***Fees are subject to change

Tuition fee information is available on the UCD Fees website.

Internship Opportunities*
Internship opportunities are available and the following are industry partners where students were previously placed for a summer work placement: AIB, FINCAD (Zafin Capital Markets Group) and Grant Thornton Advisory, Quantitative Risk.
*Placements are secured through a competitive process and are not guaranteed.

• The minimum entry requirement will be a 2:1 (or equivalent grade) BSc in Financial Mathematics, Mathematics, Applied and Computational Mathematics, or Statistics.
• Applicants whose first language is not English must also demonstrate English language proficiency of IELTS 6.5 (no band less than 6.0 in each element), or equivalent.
• Students meeting the programme’s academic entry requirements but not the  English language requirements, may enter the programme upon  successful completion of UCD’s Pre-Sessional or International Pre-Master’s Pathway programmes. Please see the following link for further information http://www.ucd.ie/alc/programmes/pathways/ 

Graduate Profile

Sam O’Neill
I chose to study at UCD primarily because of the course offerings and I chose Financial Mathematics because I loved maths and economics, and wanted to study a science degree.
I found the degree thoroughly engaging, I enjoyed the broad range of topics covered in the degree, from pure maths to behavioural economics and game theory. I have since graduated and am now working in Quantitative Risk at Grant Thornton.

The following entry routes are available:

* Courses will remain open until such time as all places have been filled, therefore early application is advised