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
University of Galway
Overview:
University of Galway, formerly known as National University of Ireland, Galway (NUI Galway / NUIG), is a research-led institution with a strong commitment to high-quality teaching. Established in 1845, it has earned international recognition for its academic excellence and vibrant research community. The university is known for its commitment to sustainability, ranking #1 in Ireland for sustainable development in the Times Higher Education World Rankings.
Services Offered:
The university offers a wide range of services to students, including:
Accommodation Advisory Service:
Assists students in finding suitable accommodation.Campus Activities:
Provides opportunities for students to engage in various activities, including sports, clubs, and societies.Student Support:
Offers a variety of support services, such as academic advising, career counseling, and mental health support.Study Abroad:
Facilitates international study opportunities for students.International Office:
Provides support and guidance to international students.Mature Students:
Offers specific support and resources for mature students.Students with Disabilities:
Provides accommodations and support for students with disabilities.Student Ambassador Programme:
Connects students with prospective students and provides opportunities for leadership development.For Parents and Guardians:
Offers information and resources for parents and guardians of students.Access Student Information:
Provides access to student information systems and resources.Life in Galway:
Offers information and resources about living in Galway city.Student Life and Campus Experience:
University of Galway offers a vibrant and diverse campus experience. Students can expect:
- A welcoming and supportive community.
- A wide range of extracurricular activities and opportunities for personal growth.
- A beautiful campus located in the heart of Galway city.
- Access to state-of-the-art facilities and resources.
- A strong sense of community and belonging.
Key Reasons to Study There:
Commitment to Sustainability:
University of Galway is a leader in sustainability, offering a learning environment that cares for the planet.Research Excellence:
The university boasts a vibrant research community tackling some of the most pressing challenges of our time.Global Recognition:
University of Galway is internationally recognized for its academic excellence and research.Beautiful Campus:
The university is located on a beautiful campus in the heart of Galway city.Vibrant City:
Galway is a vibrant and welcoming city with a rich culture and history.Academic Programs:
University of Galway offers a wide range of undergraduate and postgraduate programs across various disciplines, including:
Arts, Social Sciences, & Celtic Studies
Business, Public Policy and Law
Medicine, Nursing & Health Sciences
Science and Engineering
The university is particularly strong in areas such as:
Medicine
Engineering
Business
Arts and Humanities
Celtic Studies
Other:
- The university has a strong focus on community engagement and outreach.
- It has a large and active alumni network.
- The university is a member of the National University of Ireland (NUI).
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Entry Requirements:
Minimum Grade H5 in two subjects and passes in four other subjects at O6/H7 level in the Leaving Certificate, including Irish, English, Mathematics, a third language or a laboratory science subject (i.e. Chemistry, Physics, Biology, Physics with Chemistry (joint), Computer Science or Agricultural Science) and any two other subjects recognised for entry purposes. A H5 or O1 in Mathematics is required.
