If you like mathematics and economics, and like to question what underlies the physical and economic world around you, then this may well be the course for you. By the end of this course you will be able to understand and apply various mathematical and statistical techniques to gain insight into the physical and economic world around us.

Entry route to Economics and Mathematics at UL is via LM124 Mathematics Common Entry.

Why Study Economics and Mathematics Sciences at UL?

With strong applied quantitative skills, employment prospects for graduates of this programme are excellent. In a dynamic learning environment, you will develop high standards of numeracy and key skills in analytical thinking, therefore many diverse career opportunities will be open to you upon graduation.

The aim of this degree is to equip the mathematically competent students with a more specialised focus at the level of mathematical theory and statistical analysis, while simultaneously providing them with an exposure to the principles of economics and its key applications.

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Read about our students experiences

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What you will study

The course is full time over four years. In the first two years of the programme, students are introduced to the principles of macro - and microeconomics, calculus, and statistics. The final two years of the programme concentrate on the development of skills in mathematical modelling, statistical analysis and econometrics and their application to a range of problems in economics. The second semester of Year 3 is spent on a Cooperative Education placement. You will gain experience in a working environment which requires the skills that you will have developed during your studies.

In Years 2, 3 or 4, students can apply to spend a semester studying abroad at one of our partner institutes worldwide.

For further details, log on to www.maths.ul.ie

Year 1

	Semester 1		Semester 2
MS4021	Calculus 1	MS4022	Calculus 2
MS4131	Linear Algebra 1	EC4102	Macroeconomics
CE4701	Computer Software 1	MS4222	Introduction to Probability & Statistics
EC4111	Microeconomics		Electives – choose two of:
	Electives – choose one of:	AC4214	Accounting for Financial Decision Making
		MS4122	Further Linear Algebra
AC4213	Financial Accounting	CE4702	Computer Science 2
PH4051	Measure & Properties of Matter
PH4131	Mechanics/Heat/Electricity/Magnetism
CS4221	Foundations of Computer Science 1
MS4101	Mathematics Laboratory

Year 2

	Semester 3		Semester 4
MS4035	Probability Models	EC4108	Contemporary Issues in the Global Economy
MS4403	Ordinary Differential Equations	EC4014	International Economics
EC4213	Intermediate Macroeconomics	EC4044	Applied Economic Analysis
EC4307	Econometrics		Electives – choose two of:
MS4043	Methods of Linear Analysis	MS4404	Partial Differential Equations
		MS4014	Introduction to Numerical Analysis
		MS4034	Applied Data Analysis
		MS4303	Operations Research 1

Year 3

	Semester 5		Semester 6
MS4214	Statistical Inference	C04320	Cooperative Education
MS4215	Advanced-Data Analysis
EC4045	Economics of Natural Resources
EC4427	Managerial Economics
	Elective - choose one:
MA4617	Introduction to Fluid Mechanics
MB4005	Analysis
MS4105	Linear Algebra 2
MB4017	Geometry

Year 4

	Semester 7		Semester 8
EC4417	Industrial Economics	EC4408	Public Finance
EC4437	International Political Economy	EC4418	Monetary Economics and International Finance
EC4015	Final Year Project A	MS4017	Final Year Project B
	Electives - choose two:		Electives – choose two:
MS4217	Stochastic Processes	MS4218	Time Series Analysis
MS4315	Operations Research 2	MA4128	Advanced Data Modelling
MS4117	Discrete Mathematics 2	MS4408	Mathematical Modelling
MS4407	Perbutation Techniques & Asymptotics	MS4018	Dynamical Systems
		MS4327	Optimisation

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Entry requirements

Please see the entry requirements for the Entry route to Economics & Mathematics at UL - LM124 Mathematics Common Entry.

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Fees & funding

Student course fees are broken into three components - Student contribution, Student Centre Levy and Tuition Fees.

A number of illustrative examples of fees for this course based on the current fee levels have been set out in the tables below.

An explanation of the components, how to determine status and the criteria involved is provided below the examples as is a list of possible scholarships and funding available.

EU Students with Free fees status in receipt of a SUSI grant

HEA pays	Tuition Fees	€4,262
SUSI pays	Student contribution	€3,000
Student pays	Student Centre Levy	€92
		€7,354

EU Students with Free fees status not in receipt of a grant

HEA pays	Tuition Fees	€4,262
Student pays	Student contribution	€3,000
Student pays	Student Centre Levy	€92
		€7,354

Students with EU fee status not in receipt of a grant

Student pays	Tuition Fees	€4,262
Student pays	Student contribution	€3,000
Student pays	Student Centre Levy	€92
		€7,354

Non-EU Students

Student pays	Tuition Fees	€16,373
Student pays	Student Centre Levy	€92
		€16,465

Student course fees are comprised of three components:

Student Contribution

Annual charge set by the government for all full-time third level students. All students are liable unless they have been approved for a grant by Student Universal Support Ireland (SUSI). Please refer to https://www.studentfinance.ie to determine your eligibility for a grant and for instructions on how to apply. The curent student contribution is set at €3000.

Student Centre Levy

All students are liable to pay the Student Centre Levy of €90. Please note the Student Centre Levy is not covered by the SUSI Grant.

Tuition Fees

These are based on Residency, Citizenship, Course requirements.

Review the three groups of criteria to determine your fee status as follows

Residency
- You must have been living in an EU/EEA member state or Switzerland for at least 3 of the 5 years before starting your course
Citizenship
- You must be a citizen of an EU/EEA member state or Switzerland or have official refugee status
Course Requirements (all must be met)
- You must be a first time full-time undergraduate (Exceptions are provided for students who hold a Level 6 or Level 7 qualification and are progressing to a Level 8 course in the same general area of study).
- You must be undertaking a full-time undergraduate course of at least 2 year’s duration
- You cannot be undertaking a repeat year of study at the same level unless evidence of exceptional circumstances eg serious illness is provided (in which case this condition may be waived)

Depending on how you meet these criteria your status will be one of the following -

Free Fee Status: You satisfy all three categories (1, 2 and 3) and therefore are eligible for the Higher Education Authority’s Free Fees scheme.
EU Fee Status: You satisfy the citizenship and/or residency criteria but fail to satisfy the course requirements and are liable to EU fees
Non EU Fee Status: You do not meet either the citizenship or residency criteria and are therefore liable to Non EU fees.

More information about fees can be found on the Finance website

These scholarships are available for this course

Title	Award	Scholarships available
The Critchley Prize		1

These scholarships are available for all courses

Title	Award	Scholarships available
Johnson and Johnson WiSTEM2D Programme	Individual Award - a bursary to the value of €2000. Team Project Grant - €1750	1 of each
Plassey Campus Centre Scholarship Programme
All Ireland Scholarships - sponsored by J.P. McManus	€6,750	125
Higher Education Grants & VEC Grants
Financial Aid Fund
Elaine Fagan Scholarship	€5,000	5
Stuart Mangan Scholarship
Provincial GAA Bursaries Scheme	€750
The Michael Hillery and Jacinta O’Brien Athletics Scholarship	Various benefits equating to over €7,000 in value
Paddy Dooley Rowing Scholarship	€2,500
UL Sports Scholarships	Varies depending on level of Scholarship	Multiple
Cooperative Education Award		1 medal per faculty
UL 40 Entrance Scholarship	€2,000	40

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Your future career

Employability skills from this degree

Analysing and interpreting data
Finding patterns and drawing conclusions
Applying economic principles and models
Approaching problems in an analytical and rigorous way
Formulating theories and applying them to solve problems
Handling complex data and applying mathematical and statistical analysis methods
Presenting mathematical arguments and conclusions with accuracy and clarity

Logical thinking
Communication and presentation skills
Time management
Organisational skills and working methodically and accurately
Teamwork and the ability to work independently
Statistical analysis

The year after graduating with this degree

The University of Limerick Graduate Outcomes Survey (GOS) is a detailed review of the employment outcomes of UL graduates conducted annually by the University and supported by the Higher Education Authority (HEA). The survey forms part of a nationwide review of the employment outcomes of Irish University Graduates. The table below illustrates a five-year trend for UL graduate employment levels and location the year after graduation.

Employed in Ireland	Employed abroad	Further study	Not available	Seeking employment	No. of responses	Total no. of graduates	Year
50%	0%	25%	0%	25%	4	6	2014
50%	0%	50%	0%	0%	4	6	2015
50%	0%	50%	0%	0%	6	8	2016
29%	0%	71%	0%	0%	7	10	2017
0%	100%	0%	0%	0%	1	5	2018

Further Study Options

Job titles for graduates with this degree

Graduates progressing directly into employment take up a wide variety of roles. The following provides a sample of initial roles listed on the Graduate Outcomes Survey by graduates approximately one year after graduation:

Actuary
Equities Trader
IT Consultant
Pensions Administrator
Research Analyst
Trainee Accountant

Student Profile - Karen O'Sullivan

This course is ideally split almost 50-50 between maths and economics. In this way, both subjects are developed at the same pace - being able to relate each to the other is a huge bonus.

What I enjoy most about the course is the range of teaching methods used. Very few modules are purely taught on the whiteboard, or only taught through programming. Across both economics and maths, lecturers introduce the theory and then implement the theory though statistical programs. Because of this, I am well versed in around 5 different programming packages, which looks very well on my CV. Having all this programming knowledge as well as the underlying theory is very beneficial. It means I know how to apply the theory to real-world situations, to come to meaningful and useful results.

I was on Co-Op placement in the world’s largest aircraft lessor, GE Capital Aviation Services (GECAS) in Shannon, Co. Clare. I never thought that the aviation industry was applicable to my degree, but that is the beauty of a joint degree with diverse subjects.

I was part of the finance team for aircraft engine leasing. My role involved working with the worldwide engine team, updating monthly industry-demand reports based off real-world engine data, and issuing reports. I also had the opportunity to lead the rehaul of the department’s internal website. This was something completely new to me that was outside what I thought I could do. However, it was a fantastic thing to be part of, and I learnt many new skills in leadership and teamwork.

Having industry experience like UL’s Co-Op placement is invaluable in the jobs market and is a great CV booster. It is highly attractive to employers and gives you an edge when it comes to graduate employment. Co-Op provides a great understand of the professional workplace and really embellishes the fantastic degree that you will get in UL.

Graduate Profile - Stella Abimbola Alenkhe

Each day is different in my field and that’s what I love most about my job. I work closely with my finance colleagues and support the sales team to drive and achieve our business goals and objectives. I attend various meetings throughout the day to support business needs and requirements, and develop business partnerships with various commercial team members. Financial acumen is a key skill in my role, as it involves analysing financial information and preparing reports on our daily sales and sales targets. It is also my responsibility to monitor the performance of our sales team members.

My course at UL greatly prepared me for this career because of the numerous skills I acquired, ranging from computing and mathematical skills to practical problemsolving skills. The two-subject combination of Economics and Mathematics makes for a very versatile degree.

Stella’s tip: Do your research and be mindful of what topics interest you. Use all the resources available to you and make sure you get the necessary support from your guidance counsellor or anyone who you feel might have a positive impact on your career choices.

Stella currently works as a Financial Analysis Advisor with Dell Inc.

Student Profile - Elaine Kerr

This course is certainly challenging but offers an excellent degree at the end which is regarded very highly by employers. Graduates of the programme are considered competent and very logical - two much sought-after characteristics by employers. Luckily my Coop employers JP MorganChase spotted these qualities, and have offered me a job upon graduation.

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Bachelor of Science in Economics and Mathematics