Finance - Investment & Asset Management
Our MSc Finance (Investment & Asset Management) is a one-year programme that will provide you with a broad range of theoretical, technical, and professional skills required to develop a career in international finance. Our graduates have excellent prospects and take on roles such as investment manager, financial consultant, investment consultant, trader, risk manager, quantitative analyst and portfolio construction analyst with Irish and international financial institutions.
The programme is designed for graduates with any business background who want to specialise in investment management and STEM students who want to apply their skills in the field of finance. As the programme is designed and run by experienced industry professionals it has a significant practical bias and focuses on developing the skills required by the industry. The syllabus is constantly evolving to incorporate new developments in industry practice and employer requirements.
We recognise the importance of professional qualifications in career development and award academic credit to students sitting a professional examination while on the programme. The programme is a member of the CFA® Institute University Affiliation Programme and a CAIA® Association Academic Partner and incorporates the curriculum of both. This ensures the programme stays current with industry developments and provides students with the knowledge necessary to pass their examinations.
The programme is structured as follows:
Core Modules: Core modules provide you with the in-depth knowledge to understand and analyse the core topics in finance, such as equity and bond valuation, asset allocation and project finance. These modules focus on analysis and application and have a quantitative element.
Specialised Modules: Specialised modules cover areas of specific relevance to your future career, such as venture capital, private equity and risk management. The modules here focus on understanding and application and can be case study-based and/or lecture-driven.
These modules are supported by modules based on continuous assessment:
Professional Development (FI6006) is an innovative module operating across the year where students work on developing their communication, presentation and IT skills. This module provides the perfect opportunity to hone your networking, communication and presentation skills. This is complemented by a Research Skills module which allows students to develop those skills needed to meet the research and analysis challenges they will encounter in employment along with familiarity of professional IT systems.
Professional Examination: In this element of the programme you pursue a course of independent study, under the supervision of an academic mentor, towards the CFA®, CAIA®, QFA or equivalent relevant professional examination. Guidance is provided by our CFA® and CAIA® faculty representatives on the best approach to select and prepare for these examinations. As a member of the CFA® Institute University Affiliated programme and as a CAIA® Association Academic Partner, the faculty award a number of scholarships for these exams each year. CFA Charter holders are exempt from this requirement, other professional qualifications are considered on a case-by-case basis.
Research Project (AC6127)/Internship (AC6129): The final element in the course takes place over the summer. Our students get the opportunity to apply the skills and knowledge gained over the year to prepare an applied research report. Under the supervision of an academic mentor, students will research and write a detailed report on a topical issue. The report will be practical in nature and students can expect to use professional analysis techniques and IT systems. Alternatively, students may undertake a relevant internship and complete their report on an issue that arises from or is informed by that role.
Over two semesters, students complete ten modules, five core, and five specialised modules, assessed by examination (and typically 30% comprising continuous assessment). These are complemented by two modules, professional development and research methods, examined entirely by continuous assessment. In the final semester, students complete the professional examination module and undertake a quantitative research project or internship.
Effective communication and the ability to work in teams are essential skills for a successful career. Our continuous assessment programme is designed to allow students to develop and practice these skills and can take the form of class contributions, individual assignments, case studies, group reports, or presentations.
In total students take 90 credits:
AC6031 Issues in Modern Finance (5 credits)
AC6101 International Project Finance (5 credits)
AC6105 Managing Financial Institutions (5 credits)
AC6113 Financial Analysis & Forecasting (5 credits)
AC6116 Quantitative Analysis (5 credits)
AC6119 Capital Markets & Funds Industry Regulation & Ethics (5 credits)
EC6005 Derivatives for Risk Management (5 credits)
FI6004 Analysis of Debt Instruments (5 credits)
FI6005 Equity Valuation (5 credits)
FI6006 Professional Development (5 credits)
AC6030 Python and Machine Learning for Finance (5 Credits)
AC6108 Venture Capital and Private Equity (5 Credits)
AC6126 Professional Examination Report (5 credits) And Either
AC6127 Asset Management Research Report (30 credits) Or
AC6129 Corporate Internship (30 credits)
See the College Calendar (MSc Finance) for further course information.
Further details on the modules listed above can be found in our Book of Modules. Any modules listed above are indicative of the current set of modules for this course but are subject to change from year to year.
You can find the full academic content for the current year of any given course in our University Calendar.
Applicants must normally have a Second Class Honours Grade 1 in a primary honours degree (NFQ, Level 8) in:
A business-related programme (e.g. Commerce, Law, Business Studies, Economics, Accounting, Finance, Marketing, Information Systems etc.) or
A programme with a significant quantitative element (e.g. Mathematics, Statistics, Engineering, Science, Computing etc.)
Applicants who achieve a Second Class Honours Grade 2 in a primary honours degree (NFQ, Level 8) but meet all other requirements and applicants from other degree disciplines with at least a Second Class Honours Grade 1 in a primary honours degree (NFQ, Level 8) will be considered under Recognition of Prior Learning (RPL) on a case by case basis.
Applicants with a primary honours degree who have passed all three levels of the CFA programme are also eligible to apply.
English Language Requirements
Applicants that are non-native speakers of the English language must meet the university-approved English language requirements. Please visit our PG English Language Requirements page for more information.
For applicants with qualifications completed outside of Ireland
Applicants must meet the required entry academic grade, equivalent to Irish requirements. For more information see our Qualification Comparison page.
For full details of the non-EU application procedure visit our how to apply pages for international students.
In UCC, we use the term programme and course interchangeably to describe what a person has registered to study in UCC and its constituent colleges, schools, and departments.
Note that not all courses are open to international/non-EU applicants, please check the fact file above. For more information contact the International Office.
The closing date for non-EU applications is 30 June 2023
How Do I Apply
1. Check Dates: Check the opening and closing dates for the application process in the fact file boxes at the top of the page.
For Irish and EU applicants we operate a rounds system and you can check the rounds closing dates here.
Note that not all our programmes are subject to the rounds system so check the opening and closing dates for your specific programme in the fact file boxes above.
2. Gather Documents: Scanned copies of supporting documents have to be uploaded to the UCC online application portal and include:
Original qualification documents listed on your application including transcripts of results from institutions other than UCC.
Any supplementary items requested for your course if required.
3. Apply Online: Apply online via the UCC online application portal. Note the majority of our courses have a non-refundable €50 application fee.
Any questions? Use our web enquiry form to contact us.
1 year full-time.
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Skills and Careers Information
Upon completion of the MSc Finance (Investment & Asset Management), you can expect to have excellent career prospects with the international investment, asset management, finance and banking industries. Our students have gone on to work for the following companies:
Abbey Capital, Advantage Futures (Chicago), Bank of Ireland Treasury, Colonial First State (Sydney), Core Financial Partners (Los Angeles), Davy Stockbrokers, Deutsche Bank, Emerge Capital, Fidelity Investments, Goldman Sachs (New York), Goodbody Corporate Finance, HSBC (Shanghai), JDX Consulting (London), Mitsubishi UFG Fund Services, Morgan Stanley, Northern Trust (Chicago), PwC Wealth Management, Rubrics Asset Management, SMBC Aviation Capital, TOBAM Asset Management, Willis Towers Watson.