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Bachelor of Science in Economics and Mathematics

Entry Route

Mathematics (Common Entry) - LM124

Course Details

Course code:
LM124
Level:
NFQ Level 8 major Award Honours Bachelor Degree
Length:
4 Years
Course leader:
Dr. Helen Purtill
Email: Tel:
061 202481

 

Admissions:

Tel: 00 353 61 202015
Queries: www.ul.ie/admissions-askus

 

About You

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.

International Study Opportunities

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

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.

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

Year 1 Semester 1   Semester 2 Summer
MS4021 Calculus 1 MS4022 Calculus 2  
MS4131 Linear Algebra 1 MS4212 Introductory Data Analysis  
CE4701 Computer Software 1 EC4102 Macroeconomics  
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 Summer
MS4213
Probability Theory EC4711 EU Economic Environment
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 Summer
MS4214 Statistical Inference C04320 Cooperative Education  
MS4215 Advanced-Data Analysis      
EC4333 Economics of European Integration      
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 Summer
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  

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

International Study Opportunities

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

Careers open to you with a degree in Economics & Mathematics include

  • Economist
  • Financial Analyst
  • Data Scientist
  • Market Research Analyst
  • Securities Trader
  • Investment Banking Analyst
  • Health Policy Planner
  • International Trade Specialist
  • Demographer
  • Education (incl. teaching and research)
  • Civil Service

This degree programme was developed in response to trends in the labour market indicating the increasing premium that business sectors place on highly numerate graduates who also possess an understanding of the economic and commercial environment. There is always demand from employers for such graduates in various spheres; business, education, as well as the public and financial sectors.

Want to find out more about possible careers with this degree? Click Here

Follow-On Study

Recent graduates have undertaken a variety of Masters courses in Ireland and abroad, including the MSc in Mathematical Modelling at UL, and MSc in Computational Finance at UL. Graduates have undertaken doctoral research, including some supported by the MACSI research centre at UL.

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.

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 - 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.