About Financial Mathematics in University College Dublin
If you have a strong interest in Mathematics, enjoy problem solving and are interested in how Mathematics is used in business and finance, this degree in Financial Mathematics will give you an understanding of the mathematical theories that underpin financial models, as well as computational expertise in the algorithms that price financial products. One example of a financial model included in the course is the Black-Scholes option pricing model, dating from 1973, which is one of the earliest equations developed and used to price options. Implementations of these models, including computer programming, form a key part of the course.
Graduates with training in Financial Mathematics work in fields as diverse as:
- Quantitative positions in the financial sector
- Risk modeling in banking and insurance
- Computing in business, technology, research and academia
Academic qualification equivalents
- Successful graduation from an academic secondary school program or equivalent (For most countries, the same academic preparation as is required for university entrance in that country is required for consideration.
- Program-Specific Prerequisite courses completed at the senior level (e.g. Grade 12);
English language requirements (one of the below):
- IELTS: An average score of 6.5 over all components and a minimum of 6.0 in each band on the Academic Version.
- TOEFL: minimum score of 600 in the paper-based Test of English as a Foreign Language (TOEFL PBT), with Test of Written English at 475 +. A minimum score of 90 is required in the Internet based TOEFL (iBT) with a score of at least 20 in each section
- PTE: Minimum of 63 and at least 59 for each item in the Communicative Skills section..
University College Dublin Highlights
Founded |
1854 |
University Type |
Public University |
Campus Setting |
Urban |
Total number of Students |
33,000+ |
Total number of Graduate Students |
9,645 |
Number of International Students |
8,428 |
% of International Staff |
30% |
No. of Campuses |
3 |
No. of Accommodation Complexes |
8 |
Global Employability Ranking |
#1 in Ireland
#78 in World |
Acceptance rate |
10-20% |
Retention rate (1st year) |
94% |
Average Cost of Attendance |
About 23,800 EUR |
Research funding |
122.4 million EUR |
Applications Accepted |
Online |
Work-Study |
Available |
Intake Type |
Semester wise |
Mode of Program |
Full time and online |
Official Website |
ucd.ie |
University College Dublin Average Tution Fees And Other Expenses
- University fees are fixed each year, however additional expenses while studying in Ireland must be planned beforehand.
- Tuition fee for the academic year 2020-2021 is given below:
Tuition Fee
Programmes |
Undergraduate |
Graduate |
Arts and Humanities |
18,700 |
7,955-11,885 |
Business |
18,700 |
7,955-11,885 |
Engineering and Architecture |
24,200 |
8,915-13,360 |
Social Sciences and Law |
18,700 |
7,955-11,885 |
Health and Agricultural Sciences |
24,200 |
8,915-13,360 |
Science |
24,200 |
8,915-13,360 |
University College Dublin Cost Of Living
Types of Expense |
Monthly Cost (EUR) |
Rent |
835 |
Food |
250 |
Electricity/Gas/Bins |
30 |
Travel |
80 |
Books and materials |
70 |
Clothes or Medical |
45 |
Mobile phone |
20 |
Miscellaneous |
130 |
Total |
1,460 |