UCC Postgraduate courses

Finance (Banking and Risk Management)

About This Course

Fact File

  • Title

    Finance (Banking and Risk Management)

  • Code

    MSCBRM

  • College

    Business and Law

  • Duration

    1 year Full-time; 2 years Part-time

  • Teaching Mode

    Full-time, Part-Time. See Additional Teaching Mode Information for more info.

  • Qualifications

    MSc

  • EU Fees 2021

    €10,630; €5,380 (Year 1 Part-time); €5,380 (Year 2 Part-time)
    See Fees and Costs for full details.

  • Non-EU Fees 2021

    €18,130

  • Entry Requirements

    See Requirements for full details.

  • Closing Date

    Currently open for late EU applications

  • Non-EU Closing Date

    Extended until 31 July 2021

  • Start Date

    13 September 2021

Course Outline

The MSc Finance (Banking and Risk Management) course in UCC involves an advanced study of the practices of investment, banking and risk management and includes an applied research project, using cutting-edge techniques and software.

The course has an excellent employment track record. Since inception 100%of students on the course gained graduate employment.  For a list of these jobs please see our Programme Brochure at this link here

The MSc Finance (Banking and Risk Management) is at the top end of graduate study in business/finance in Ireland and is designed for high achievers who wish to pursue high-end careers in financial markets areas such as:

  • investment banking
  • corporate banking
  • trading/dealing
  • portfolio management
  • asset pricing
  • treasury
  • capital markets (equity, money, bond, FX and derivatives markets)
  • risk management
  • financial analysis Central banking and policy
  • Industry and academic research

MODULES 

Candidates take taught modules with examinations over two semesters and then complete a minor dissertation. The taught modules are as follows:

  • Fund Management and Evaluation: studies portfolio management, return and risk evaluation in stock selection, market timing and persistence.
  • Analysis of debt instruments: examines the term structure of interest rates and yield curve analysis, exotic bond valuation, duration, convexity, immunisation, asset-backed securities and bond portfolio management.
  • Asset Pricing: examines models of asset returns, stock price predictability and market efficiency.
  • Securities Valuation and Selection: examines risk tolerance, asset allocation, stock valuation models and financial analysis of a firm.
  • International Finance: focuses on how economic policy and the behaviour of agents impact international capital flows, exchange rates and global investments. 
  • Treasury Risk Management: looks at the measurement and management of risks facing banks and corporations arising from volatility in currency and money markets.
  • Financial Institutions and Money Markets: looks at the role of money markets and banks in the economy, focuses on understanding the types of risk facing banks and the management of this risk.
  • Derivative Securities: introduces the concepts and mathematical techniques in pricing derivatives including options, swaps, forwards and futures on underlying assets.
  • Macroeconomics for Financial Markets: looks at macroeconomics theories, models and techniques relevant to financial markets. Topics include business cycles, economic growth, uncertainty, monetary policy, inflation and the labour market.
  • Regulation and Compliance in Capital Markets: covers the guiding principles behind financial regulation and the main differences between the roles and key legal aspects of different regulatory institutions.
  • Applied Econometrics: includes regression analysis, OLS, hypothesis testing and specification.
  • Applied Time Series Analysis: includes ARIMA models, Box-Jenkins methodology, ARCH-GARCH models, VAR models, unit-root testing and cointegration.
  • Research Methods: includes
    • a report writing/economic consulting element,
    • visiting speaker seminar series,
    • research methods training and
    • workshops on recent developments in financial research.

Further details on the content and modules are available on the Postgraduate College Calendar

Additional Teaching Mode Information

The part-time option will be taught during weekday working hours over 2 years.

Modules

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.

University Calendar

You can find the full academic content for the current year of any given course in our University Calendar.

Course Practicalities

You attend lectures for approximately 12 hours per week. There are additional research workshop hours and you will also attend regular visiting speaker seminars and practical laboratory sessions. 

Assessment

Normally, your work will be assessed by coursework projects (30%) and final examinations (70%). 

Who teaches this course

The current lecturers on the course are listed below:

Why Choose This Course

...this course will enable participants to build the skills, and the confidence that goes with them, that will make them sought after by the industry...

Michael Buckley

Former Chief Executive, Allied Irish Banks

Find Out More

As well as providing a rigorous grounding in theory and methods, the course will provide you with the practical skills and techniques widely used in financial markets. The course covers much of the CFA Levels 1-3 syllabus and includes regular presentations and workshops from outside practitioners. You will also manage your own simulated asset portfolio on-line throughout the year to put theory into practice.

Skills and Careers Information

The course brings you into direct contact with financial markets, their issues and practices through practitioner seminars and visiting speakers throughout the year, across all modules.

In this course:

  • you will be trained in financial research, consulting and professional report writing
  • you will be taught about the quantitative methods relevant to the financial sector and required for Ph.D. level research
  • your interpersonal, organisational and leadership competencies will be developed
  • your oral and written communication skills will be improved through assignments, dialogue, exercises, presentations, etc.

The blended learning approach to education combines lectures, projects, seminars, group discussion, presentations and individual and group reports.  

Requirements

The course is open to applicants with a Second Class Honours Grade I in a primary honours degree (NFQ, Level 8) or equivalent in a business subject

OR

Applicants with a 2.1 degree or equivalent postgraduate qualification in a related subject with a quantitative element such as mathematics, statistics, engineering, science, etc. 

 

English Language Requirements

Applicants that are non-native speakers of the English language must meet the university approved English language requirements available here.

For applicants with qualifications completed outside of Ireland

Applicants must meet the required entry academic grade, equivalent to Irish requirements, please find our grades comparison by country here

International/non-EU applicants

For full details of the non-EU application procedure please 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.

Not all courses are open to international/non-EU applicants, please check the fact file above.

For more information please contact the International Office.

Fees and Costs

The EU fee for this course is €10,630; €5,380 (Year 1 Part-time); €5,380 (Year 2 Part-time).

The Non-EU fee for this course is €18,130.

Deposits:

If your course required a deposit, that figure will be deducted from your second semester fee payment in January.

EU student fee payment:

Fees for EU students are payable in two equal instalments. First payment at registration in August and the second in January.

International student fee payment:

Fees for Non-EU Students are payable in one instalment in August.

How can I pay?

By Credit/Debit card online or by credit transfer.

Questions?

If you have any questions on fee payment please email our Fees Office at fees@ucc.ie .

Non-EU Fees

The fee schedule for 2019/2020 is available here.

How Do I Apply

1. Choose Course

Firstly choose your course. Applicants can apply for up to two courses under one application. Details of taught courses are available on our online prospectus.

2. Apply Online

Once you have chosen your course you can apply online at the online application portal. Applicants will need to apply before the course closing date. There is a non-refundable €50 application fee for all courses apart from the Education - Professional Master of Education - (Secondary School/Post-Primary Teacher Training) which has a €100 application fee.

Applicants for the Postgraduate Diploma in Public Health Nursing must apply on the PAC website when the programme opens for applications.

3. Gather Supporting Documents

Scanned copies of the following documents will need to be uploaded to the online application portal in support of your application. Applicants may need to produce the original documents if you are accepted onto a course and register at UCC.

  • Original qualification documents listed on your application including transcripts of results from institutions other than UCC
  • Any supplementary items requested for your course.

Please log into the online application portal for more details.

4. Application processing timeline

Our online application portal opens for applications for most courses in early November of each year. Check specific course details. 

5. Rounds

For courses that are in the rounds system (Irish and EU applicants), please check the rounds closing dates here.

Questions on how to apply?

Please use our web enquiry form to contact us.

Additional Requirements (All Applicants)

Please note you will be required to provide additional information as part of the online application process for this programme. This will include the following question:

  • You may enter the details of professional or voluntary positions held. We strongly encourage you to complete this section with all relevant work experiences that will support your application.
  • What is your current occupation/speciality?

The closing date for non-EU applications is Extended until 31 July 2021

Apply Now

For queries regarding course content or timetables please contact

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