Bachelor of Science Financial Mathematics and Economics

Program Overview

The BSc in Financial Mathematics and Economics from the University of Galway offers a comprehensive four-year program in quantitative finance. It equips students with expertise in financial economics, actuarial mathematics, and statistics, preparing them for high-demand roles in financial institutions and related fields. The program provides a strong foundation in mathematics, economics, and finance, while also offering actuarial exam exemptions. Graduates have excellent employment prospects in financial services, actuarial profession, and various other sectors.

Program Outline

Bachelor of Science Financial Mathematics and Economics - University of Galway

Degree Overview:

The BSc in Financial Mathematics and Economics (BSc in FME) is a four-year degree program designed to equip students with expertise in quantitative subjects, particularly focusing on financial economics, actuarial mathematics, and statistics. The program aims to prepare students for high-demand roles in financial institutions, where they will utilize their quantitative skills to predict long-term financial consequences, manage risk factors, and develop solutions for financial problems. The program is suitable for students who enjoy mathematics and are interested in studying economics and other financial subjects. It offers a broader scope compared to specialized actuarial programs, making it suitable for students who are not yet ready to specialize. The course is jointly administered by the College of Science and Engineering and the College of Business, Public Policy and Law.

Careers:

Graduates of the BSc in Financial Mathematics and Economics program have excellent employment prospects in various fields, including:

• Financial Services: Opportunities in investment, corporate and private banking, currency trading, credit risk, and hedge fund management.
Graduates have been hired by leading financial firms like Goldman Sachs, JP Morgan, Merrill Lynch, and Credit Suisse.
• Actuarial Profession: Graduates can pursue a career as an actuary, working in pensions, life & general insurance, and investments.
The program provides up to 3 actuarial exam exemptions (Actuarial Mathematics (CM1), Actuarial Statistics (CS1), Business Economics (CB2)).
• Other Areas: Graduates have secured positions in government departments, public sector bodies, and other fields like economics, accountancy, tax and law, management consultancy, and sports odds compilation.

Fees: EU

€7,268 p.a. (€7,408 p.a. including levy) 2024/25

Fees: Tuition

€4,268 p.a. 2024/25

Fees: Student Contribution

€3,000 p.a. 2024/25

Fees: Student levy

€140 p.a. 2024/25

Fees: Non EU

€26,000 p.a. (€26,140 p.a. including levy) 2024/25