Course Overview

This programme is specifically designed with dedicated courses to deepen students’ understanding of the forces driving the global economy and the operations of the international financial markets. The programme provides both a rigorous foundation in the theory of international finance and necessary technical skills used in applied financial market analysis.

This is the only Master’s programme offered in Ireland that specialises in international finance. The programme places special emphasis on current issues in international economic policy and on recent developments in the areas of multinational investment flows, the dynamics of exchange rates, risk management and asset pricing.

The Financial Services industry, which is a part of Internationally Traded Services has been identified by the Irish Government as one of the key sectors for the delivery of high value-added jobs in Ireland and a crucial sector in the further development of Ireland’s knowledge-based economy.

Applications and Selections

Applications are made online via The Postgraduate Applications Centre (PAC). Relevant PAC application code(s) above.

Who Teaches this Course

Requirements and Assessment

Semester One exams: December. Semester Two exams: April/May. A range of assessment methods are integrated and applied throughout the programme. These include essays, projects, reports, presentations, and computer simulation-based assignments. Students also submit a minor dissertation.

Key Facts

Entry Requirements

Students admitted to the programme will normally hold a primary degree with Second Class Honours, Grade 1 or equivalent international qualification*, which will have included the study and understanding of economics to intermediate level.** Students who hold a Higher Diploma in Economics with Second Class Honours, Grade 1, or equivalent international qualification may also apply. IELTS scores of 6.5 or equivalent if applicable.

* In exceptional cases a person without a 2.1 primary degree may be admitted if economics is a major part of their undergraduate degree and if they have achieved a 2.1 average in the economics courses they have taken.

** By intermediate level economics we mean courses in microeconomics and macroeconomics at a level typically done in second or third year of an undergraduate programme. Accordingly people who have only studied one year of economics are not eligible for admission.


Additional Requirements

Duration

1 year, full-time

Next start date

September 2016

A Level Grades ()

Average intake

30

Closing Date

Please refer to the offer rounds/closing date webpage.

Next start date

September 2016

NFQ level

Mode of study

Taught

ECTS weighting

Award

CAO

PAC code

GYC10

Course Outline

The programme provides a special emphasis on current issues in international economic policy and on recent developments in the areas of multinational investment flows, dynamics of exchange rates, risk management and asset pricing.

Students gain a deeper understanding of both the microstructure and macroeconomic implications of these issues, and necessary technical skills for analysing financial data using computer simulation based models.

Graduates with these skills are highly valued by commercial banks, investment banks and other financial institutions, by public institutions such as Central Banks and by multinational corporations.The Financial Services industry, which is a part of Internationally Traded Services, has been identified by the Irish Government as one of the key sectors for the delivery of high value-added jobs in Ireland and a crucial sector in the further development of Ireland's knowledge-based economy.

The programme includes such modules as:

  • Macroeconomic Theory
  • International Finance
  • Financial Econometrics 1 (Time Series Analysis)
  • Seminar in Financial Economics 1 (Portfolio Theory)
  • Quantitative Methods in Finance
  • International Monetary Economics
  • Financial Econometrics 2 (Applied Portfolio Modelling)
  • Seminar in Financial Economics 2 (Derivatives and Risk Management)

 

Why Choose This Course?

Career Opportunities

Graduates with the skills taught in this programme are highly valued by commercial banks, investment banks and other financial institutions, by public institutions such as Central Banks and by multinational corporations. Employers of graduates of this programme include Goldman Sachs, J.P. Morgan, First Derivatives, European Central Bank, and Central Bank of Ireland. This
programme can also be a stepping stone to a PhD programme.

Who’s Suited to This Course

Learning Outcomes

Work Placement

Study Abroad

Related Student Organisations

Course Fees

Fees: EU

€6,755 p.a. 2016/17

Fees: Tuition

€6,531 p.a. 2016/17

Fees: Student levy

€224 p.a. 2016/17

Fees: Non EU

€13,250 p.a. 2016/17
Postgraduate students in receipt of a SUSI grant – please note an F4 grant is where SUSI will pay €2,000 towards your tuition.  You will be liable for the remainder of the total fee.  An F5 grant is where SUSI will pay TUITION up to a maximum of €6,270.  SUSI will not cover the student levy of €224.

Find out More

Dr Srinivasan Raghavendran
T +353 91 495 025
E s.raghav@nuigalway.ie
www.nuigalway.ie/economics