MASTER OF SCIENCE M.SC FINANCIAL MATHEMATICS
- Country Ireland
- Course Duration 1 YEAR
- Course Type Full Time
- Language Specification ENGLISH
- Program Level Post-Graduate
- Education Required Graduate
- Admission intake Dec 7
- Minimum GPA 2.8
Application Charges
Application Fee | Tution Fee |
---|---|
USD 62 | USD 17,043 |
Program Description
Program Description
This Financial Mathematics program at Dublin City University is based on the idea that high academic content and relevance to the real world are not mutually exclusive; indeed the full power of a mathematical theory is revealed only when it is put to use to solve practical problems. In this course, abstract theories are never presented for their own sake; equally we avoid fruitless lists of disconnected case studies. We believe that an integrated presentation of the theory and its use in practice is the optimal approach.
For the student, the resulting blend of sophisticated mathematics and significant applications is intellectually satisfying: the motivation to explore general concepts springs from their potential practical applications; these serve in turn to illustrate general methods. The student learns that the potential inherent in general concepts extends far beyond the specific applications covered in any given course.
For the employer, graduates who have at their command a wide spectrum of general methods and the ability to adapt them to new situations are infinitely more valuable than ones who are merely equipped with specific and thus limited skills.
The recent explosion of the derivative security market has created an unprecedented need for highly-sophisticated mathematics within the banking sector. With new exotic options appearing on the market every year, it is essential for the financial analyst to understand in-depth the random nature of the stock market. This requires a high degree of proficiency in the techniques of stochastic analysis. No other program addresses these demands in Ireland at present. DCU is in a unique position to fill this gap because of its long-standing commitment to the field of financial mathematics, as testified by our B.Sc. in Financial Mathematics and the Edgeworth Centre for Financial Mathematics, located in the School of Mathematical Sciences.
For the student, the resulting blend of sophisticated mathematics and significant applications is intellectually satisfying: the motivation to explore general concepts springs from their potential practical applications; these serve in turn to illustrate general methods. The student learns that the potential inherent in general concepts extends far beyond the specific applications covered in any given course.
For the employer, graduates who have at their command a wide spectrum of general methods and the ability to adapt them to new situations are infinitely more valuable than ones who are merely equipped with specific and thus limited skills.
The recent explosion of the derivative security market has created an unprecedented need for highly-sophisticated mathematics within the banking sector. With new exotic options appearing on the market every year, it is essential for the financial analyst to understand in-depth the random nature of the stock market. This requires a high degree of proficiency in the techniques of stochastic analysis. No other program addresses these demands in Ireland at present. DCU is in a unique position to fill this gap because of its long-standing commitment to the field of financial mathematics, as testified by our B.Sc. in Financial Mathematics and the Edgeworth Centre for Financial Mathematics, located in the School of Mathematical Sciences.