General Information
Financial Maths is a great choice for someone who like
maths and wants to work in the business, financial or
banking sectors. Business degrees tend to have very
little maths, so most employers are very keen to hire
graduates with good quantitative skills as well a
financial background. Students learn about trading, asset
management and risk analysis of complicated financial
products while at the same time developing solid
mathematical skills.There are many career
opportunities in financial trading companies, financial
exchanges, investment companies, banks, government
financial bodies, insurance companies, energy and
power companies, agribusinesses etc.
The aims of the degree are to produce graduates with
developed mathematical, statistical and computing skills,
and the ability to apply them to the quantitative analysis
of industrial, commercial or financial business decisions.
The programme also aims to produce graduates with
sufficient mathematical, statistical and computing skills
for them to undertake postgraduate work in these or
related areas.
These aims give rise to the following objectives:
- To provide an education at a suitable level in the
appropriate branches of mathematics, both by
exploring and developing standard methods and
techniques with due use of mathematical, symbolic
and statistical computing packages and by having
due regard to the fundamental ideas of proof,
rigour and generalisation.
- To introduce students to state of the art theory
and methodologies in the world of pricing of
financial products and modelling of markets and the
practical implementations of these models.
- To demonstrate the application of mathematics to
problems drawn from industry, commerce and
financial services.
- To provide the student, through Cooperative
Education placement, with experience of working
in a company or department where the student’s
own developing skills can be utilised.
For further details, log on to www.maths.ul.ie
Entry Requirements
Applicants are required to hold at the time of enrolment the established Leaving Certificate (or an approved equivalent) with at
least Grade C3 in two Higher Level subjects and Grade D3 in four Ordinary or High Level subjects (including Mathematics;
Irish or another language; and English).
In addition, applicants are required to hold at least the following in the Leaving Certificate or an approved equivalent: Grade C3
in Higher Level Mathematics. Students can also enter this programme of study via the Science Choice degree LM117.
A Special Mathematics Examination will be offered at UL following the Leaving Certificate results for those students who did not
achieve the Mathematics requirement.
Career Prospects
Graduates of the programme may consider career opportunities in the following areas:
-
Data Analysis including market
research, demographics and medical research
- Financial Services including accounting, lending analysis and investment analysis
- Actuarial Services
- Software Development
- Manufacturing, including production planning, quality control and research and
development of new products
- Mathematics Education and Research.