Economic and Financial Risk Analysis, M.Sc.

  • Application Deadline
  • 12 months
    Duration
  • Tuition
    13000
    Tuition (Year)
    5800
    Tuition (Year)
  • English (take IELTS)
    Language
University rank #351 ,
The MSc. Economic and Financial Risk Analysis was launched in response to the changing economic and financial environment. It provides students with international quality training in the fundamental concepts and tools required by the financial sector. 

About

The programme emphasises ‘problem solving’ through a combination of theoretical principles and empirical tools. Successful graduates are equipped with a wide range of economic, financial, quantitative and communication skills, thus opening up a diverse set of career opportunities, both within and outside the financial sector.

The MSc Economic and Financial Risk Analysis could be the most important investment in your career.  As financial markets become more integrated across the globe, the career prospects of our graduates have become greatly enhanced. Graduates of this programme have excellent employment records at home and abroad, and are currently enjoying careers in credit risk management, insurance, hedge fund management and investment and retail banking in the private sector. The diverse career paths reflect the adaptability and flexibility of our graduates.

The course is structured to be stimulating and challenging. Students take core modules in Microeconomics, Macroeconomics, Econometrics and Financial Economics. Students can also take specialised field modules that may include Financial Risk Analysis, Advanced Derivatives, Empirical Finance, International Finance, Corporate Finance and Market Microstructure. The programme also requires students to undertake a research thesis or a three-month Work Placement during the Summer term.

Accreditation

Officially accredited and/or recognized by the Department of Education and Skills, Ireland, Maynooth University (NUI Maynooth) is a large (uniRank enrollment range: 10,000-14,999 students) coeducational higher education institution. Maynooth University (NUI Maynooth) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study.

Programme Structure

Courses include:

  • Econometrics 1
  • Empirical Finance
  • Financial Economics
  • Financial Risk Analysis
  • Fundamentals Of Econometrics
  • Macroeconomics I
  • Microeconomics I
  • Thesis
  • Work Placement

Detailed Programme Facts

  • Full-time duration 12 months
  • Study intensity Full-time
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score: 6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Take IELTS test
  • Minimum required score: 585

    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score: 95

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

You need the following GPA score:

Required score: Upper Second Class

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

The degree is targeted at high quality students that have obtained at least a 2.1 honours degree at undergraduate level in Finance or Economics, or where Finance formed a substantial component, or where there was a substantial quantitative component, such as Mathematics, Engineering, Computer Science, Maths Physics or Statistics, or have achieved at least a 2.1 degree in a postgraduate conversion course such as a Higher Diploma in Finance, or equivalent. Applicants must have a recognised primary degree which is considered equivalent to Irish university primary degree level.

Tuition Fee Per Year

  • EUR 13000 International
  • EUR 5800 EU/EEA

Funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.