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Maynooth University

Economic & Financial Risk Analysis - Conversion Course

Overview
The two-year MSc Economic and Financial Risk Analysis provides international quality training in the fundamental concepts and tools required by the financial sector. It is specifically targeted at students who have an interest in a career in Finance but do not currently have sufficient background in the subject.

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.

This degree has ensured that Maynooth University has been accepted as a GARP partner for Risk Education.

Course Structure
The first year is an intensive and extensive introduction to the world of Economics and Finance. The aim is that by the year-end, students will be at the same level as a graduate in Economics and/or Finance. Students will cover the basic concepts, empirical methods and applications in Investments, Derivatives, International Finance and Econometrics as well as choosing field courses of interest from a range of optional modules. Students are required to attain a 2.1 standard at the end of the first year in order to progress.

The second year of the programme is the same as MHH64. Students take core modules in Microeconomics, Macroeconomics and Econometrics in the first semester. In the second semester, students take specialised field modules that may include Financial Risk Analysis, Advanced Derivatives, Empirical Finance, International Finance, Corporate Finance and Market Microstructure. The summer term of the second year is spent on either a three-month Work Placement or completing a research thesis.

Although this is a two-year programme, it offers great flexibility; students may exit after the first year of the programme and receive a Higher Diploma in Arts (Finance).

Entry requirements

An honours primary degree in any discipline, or equivalent. Students without any knowledge of Finance or Economics are strongly advised to have a good background in Statistics and Quantitative Methods and/or to be prepared to undertake substantial independent study to equip themselves with the expected level of Economics and Finance.

Minimum English language requirements: IELTS: 6.5 overall score or equivalent. Please visit Maynooth University International Office website for further information about English language and other requirements for international students. The requirements specified are applicable for both EU and non-EU international applicants.

National University of Ireland Maynooth's TOEFL code is 8850.

Duration

2 years Full-time

Careers or further progression

Career Options
The 2-year MSc in Economics and Financial Risk Analysis at Maynooth University is a great opportunity for interested candidates to ready themselves for a career in financial services. Without requiring any background in Finance, students who are ready to make this important investment can expect to earn high returns in their future careers. This degree has the potential to open up career opportunities across the globe. As financial markets become more integrated, the career prospects of our graduates have become greatly enhanced. Recent graduates are currently enjoying successful 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.

Further enquiries

Programme Director Year 1 Margaret Hurley
Programme Director Year 2 Paul O'Sullivan
Admissions Director Dr. Aedin Doris
Tel +353 (0)1 708 3927
Email aedin.doris@mu.ie
Website https://www.maynoothuniversity.ie/economics-finance-and-accounting
Address Department of Economics, Finance and Accounting, Maynooth University, Maynooth, Co. Kildare

Subjects taught

The first year is an intensive and extensive introduction to the world of Economics and Finance. The aim is that by the year-end, students will be at the same level as a graduate in Economics and/or Finance. Students will cover the basic concepts, empirical methods and applications in Investments, Derivatives, International Finance and Econometrics as well as choosing field courses of interest from a range of optional modules. Students are required to attain a 2.1 standard at the end of the first year in order to progress.

Comment

The Department is strongly committed to the provision of high quality teaching programmes at postgraduate level. We place a high premium on quality teaching and personal contact with our students, ensuring that the students' experience at Maynooth University is both enjoyable and productive. Members of the Department publish in leading international journals and have strong links with industry and the business community, US multinationals, the Central Bank, hedge funds and fund management companies.

Application date

All applications should be made through the PAC system.

Closing Date: 31 August 2020

Course fee

In general, there are two levels of fees payable. EU students from EU countries including Ireland pay a subsidised level of fees for both taught courses and research programmes. Tuition fees for students from outside the EU are not subsidised and are thus somewhat higher than for EU students.