Following an academic review the structure of the M.Sc. in Quantitative Finance has changed and will now be a two-semester course consisting of 10 modules along with a summer dissertation. The MSc in Quantitative Finance from UCD Smurfit School trains you to use your quantitative talents to the full.
What is the programme about?
The MSc in Quantitative Finance is a balanced programme of finance and computational methods, which will suit numerate, competitive students looking for careers in finance that stretch their quantitative talents.
We aim to give you the knowledge and skills to develop quantitative security pricing models and trading strategies. These will help you manage portfolios of equity, fixed income and derivative securities. You will also develop the tools for managing corporate financial risk.
The MSc in Quantitative Finance from UCD Michael Smurfit Graduate Business School gives you the skills you need for a career in the finance industry.
What will You learn?
The curriculum gives students the knowledge and skills to develop quantitative security pricing models and trading strategies for managing portfolios of equity, fixed income and derivative securities and for managing corporate financial risk.
How will You benefit?
The MSc in Quantitative Finance will prepare you for a specialist career in the finance industry in functions like funds management, investment banking, financial engineering and corporate treasury management. The programme also features company internships often leading to excellent career opportunities.
The MSc in Quantitative Finance is a two-year, full-time programme, broken down into four semesters. To complete the programme, you must study 12 core modules, two option modules and complete a major project. You also need to complete an optional internship and dissertation. You will be assessed through continuous assessment and written examinations, which are held at the end of each semester.
The core modules of the programme give you the skills you need to manage portfolios in a number of different financial areas and to manage corporate financial risk. They include:
- Financial Econometrics
- Quantitative Methods
- Introduction to Numerical Methods
- Time Series Econometrics
- Fixed Income Securities
- Financial Theory
- Stochastic Calculus and Optimal Control
- Corporate Finance
- Asset Valuation
- Student Research Seminar
- Advanced Financial Theory
- Applied Portfolio Management
Option modules include
- Software & Numerical Applications
- Financial Engineering
- Simulation Modelling & Analysis
- International Financial Management
- International Monetary Economics
- Real Estate Modelling & Forecasting
- Advanced Specialist Module in Finance
The programme is ideal for people who have majored in mathematical finance or economics. However, we try to accommodate people from diverse professional backgrounds who are attracted to the programme. If you have a degree in mathematics, statistics, physics and engineering, the MSc in Quantitative Finance could be for you. We also encourage commerce graduates who have the disposition and natural talent for a mathematically rigorous training in finance.
You will need:
- A primary degree in an appropriate field. These include mathematical finance, economics, mathematics, statistics, engineering and physics
- High academic grades (your transcript should include grades for each subject taken)
- High score on the mathematics component of the Graduate Management Admissions Test (GMAT)
- Names and contact details of two referees who can assess your intellectual ability, maturity and motivation
- If English is not your native language, unless you have done your primary degree in English, an English language qualification is required (eg: IELTS/TOEFL). IELTS – an overall score of 6.5, with a minimum of 6 in each section. TOEFL – a minimum of 100 on the internet-based test, or 250 on the computer-based test; or 600 on the paper-based test.
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