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MSc in Financial Mathematics

Ireland

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1

What will I learn?

Programme

The aims of the programme are:

  • To open up advanced career opportunities for graduates of traditional mathematics courses
  • To give specialists in other numerate disciplines (e.g. engineers, scientists or economists) the opportunity to deepen their understanding of mathematics and to master powerful modern mathematical techniques

To achieve these aims it is intended:

  • To introduce relevant problems and to explain the context in which they arise.
  • To formulate these problems in mathematical terms.
  • To instruct students in modern mathematical methods powerful enough to deal with these problems.
  • To develop the student's ability to solve problems, by reformulating the problem and adapting mathematical methods.

On completion of the programme, students will be competent:

  • To recognise, through discussion with the in that field, the essential features of a given industrial process or economic situation.
  • To assign variables and to formulate relationships in the form of mathematical equations.
  • To solve equations by appropriate analytical, numerical or approximate methods.
  • To interpret the mathematical solution in the idealised situation based on the essential features recognised above.
  • To validate the model in the real situation.
  • To make adjustments to the model in the event that it does not validate.
  • To communicate the implications of the model and advise on its implementation.

Careers

The recent explosion of the derivative security market has created an unprecedented need for highly sophisticated mathematics within the banking sector.

Graduates with a wide spectrum of general methods and the ability to adapt them to new situations are infinitely more valuable to an employer.

Graduates are employed in quantitative roles in the Fin Tech, Financial Services and Banking industries. Typically working to determine price, analyse and manage risk and identify profitable opportunities.

Global career opportunities:

Non-EEA graduates (including those from Asia and the MiddleEast) are eligible to apply for the Third Level Graduate Programme to obtain a visa for up to two years, for the purpose of seeking employment. Numerous students from the MiddleEast, the Asian subcontinent and the Far East have completed this programme and returned to lucrative careers in their home countries.

Which department am I in?

Faculty of Science and Health

Study options

Full Time (1 year)

Tuition fees
€16,500.00 (14,91,997) per year

*Price shown is for indicative purposes, please

Application deadline

Expected July 2025

More details

Start date

January 2025

Venue

DCU Glasnevin Campus

Dublin 9, D09 V209,

GLASNEVIN,

Dublin,

D09 V209, Republic of Ireland

Entry requirements

For international students

For admission to the M.Sc. in Financial Mathematics

  • 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.

English language Requirements

  • IELTS ACADEMIC - Overall score 6.5 or above, with a minimum of 6.0 in all components.
  • TOEFL - Overall score 580.
  • CBTOEFL - Overall score 237.
  • TOEFL iBT - Overall score 92.
  • English Test for Academic and Professional Purposes (ETAPP) - C1
  • Cambridge Certificate of Proficiency in English (CAP) - Postgraduate: Overall score of 180 with a minimum of 169 in all components.
  • Cambridge Certificate of Advanced English (CAE) - Postgraduate: Overall score of 180 with a minimum of 169 in all components.
  • Pearson Test of English (PTE Academic) - 63 with a minimum of 59 in all components.
  • Duolingo - Duolingo will be accepted with a minimum score of 120 and a score of at least 110 in each subscore.

*There may be different IELTS requirements depending on your chosen course.

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About Dublin City University

Three-time winner of the Sunday Times University of the year, DCU is a gateway to fantastic opportunities.

  • Over 3400 international students from 128 countries
  • No. 1 globally for Career Development
  • Based in Dublin, one of the friendliest cities in the world
  • Five faculties offering 80 dynamic programmes