UCC Postgraduate courses

Finance (Asset Management)

About This Course

Fact File

  • Title

    Finance (Asset Management)

  • Code

    CKL40 Full-time

  • College

    Business and Law

  • Duration

    1 year Full-time

  • Teaching Mode

    Full-time

  • Qualifications

    MSc

  • EU Fees 2019

    €10,500
    See Fees and Costs for full details.

  • Non-EU Fees 2019

    €18,000

  • Entry Requirements

    See Requirements for full details.

  • Closing Date

    Late applications currently being accepted.

  • Non-EU Closing Date

    15th June

  • Start Date

    2 September 2019

Course Outline

The MSc Finance (Asset Management) is a one-year programme developed to prepare students for careers in the international investment, asset management, finance and banking industries.  Students focus on developing the analytical and professional skills necessary for a career in finance.  The course aims to produce graduates who can contribute to the industry from their first day in employment.

The course has been designed in conjunction with industry to ensure its graduates have the skills to match the needs of employers. On completion of the MSc Finance (Asset Management), you can expect to have excellent career prospects within investment management, banking, insurance, proprietary trading, wealth management and alternative investments.

The MSc Finance (Asset Management) programme is a member of the CFA® Institute University Affiliated programme and is a CAIA® Association Academic Partner.  These partnerships ensure the programme content remains up to date and relevant to the requirements of employers.

The programme is structured as follows:

Induction Week: The course begins with an induction week.  After introducing the incoming class to UCC, the students begin their professional development with classes on communication and presentation skills.

Core Modules: These 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
  • have a quantitative element
  • include regular student presentations

Specialised Modules: These modules cover areas of specific relevance to your future career, such as venture capital, private equity, aircraft leasing and risk management.  The modules here:

  • focus on understanding and application
  • are case study and lecture-driven

These are supported by two modules based on continuous assessment.  

Professional Development is an innovative module operating across the year, where students work on developing their communication, presentation and IT skills.  In addition, students get the opportunity to interact with senior executives and industry leaders.  This module provides the perfect opportunity to hone your networking, communication and presentation skills.  This is complemented by the Research Skills module which gives students the skills needed to meet the research and analysis challenges they will encounter in employment along with familiarity with 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 for you to select and prepare for these examinations.  As a member of the CFA® Institute University Affiliated programme and as a CAIA® Association Academic Partner, faculty award a number of scholarships for these exams each year.

Research Project/Internship The final element in the course takes place over the summer.  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.

Students take 90 credits as follows: 

PART I

  • AC6101 Project Finance
  • AC6105 Risk Management 
  • AC6108 Venture Capital and Private Equity 
  • AC6113 Financial Analysis and Forecasting
  • AC6116 Quantitative Analysis
  • AC6117 Research Methods 
  • AC6118 Aircraft Leasing 
  • AC6119 Capital Markets and Funds Industry Regulation and Ethics 
  • FI6003 Asset Pricing and Allocation 
  • FI6004 Analysis of Debt Instruments 
  • FI6005 Equity Valuation
  • FI6006 Professional Development 

PART II

  • AC6120 Professional Examination Report and

  • AC6121 Asset Management Research Report (20 credits) or
  • AC6124 Corporate Internship – Asset Management (20 credits) 

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

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

For the MSc Finance (Asset Management) degree, you will complete an induction week, which commences 2nd September 2019.  Over two semesters, students complete 10 modules, 5 core and 5 specialised modules, assessed by examination (and typically 30% 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 is designed to allow students to develop and practice these skills and can take the form of class contribution, individual assignments, case studies, group reports or presentations.

Who teaches this course?

The MSc Finance (Asset Management) is delivered by a combination of UCC academic staff, generally from the Department of Accounting and Finance, and international financial industry professionals.

The professionals include hedge fund managers, investment consultants and risk professionals from leading international firms. Several are based outside Ireland and come to Cork specifically to teach on the programme.

The academics who teach on the course are experts in their field most holding PhDs.  In addition to teaching, they are engaged in high-level research with involvement in UCC's research centres, consulting for industry and publishing regularly in international finance journals.

Alongside academic qualifications, many of the faculty have significant industry experience having worked at leading investment banks (UBS, HSBC and Lehman), stockbrokers (Davy and NCB), business advisory firms (Ernst and Young) and hedge funds.  A number of the faculty are CFA charter holders.

 

 

Why Choose This Course

The MSc Finance (Asset Management) is focused on preparing students for successful careers in the international investment, asset management, finance and banking industries.  Graduates gain an understanding of the theory of financial markets while developing a combination of analytical, practical and professional skills sought by employers.  Specific reasons to choose this unique course include: 

  • It is a one-year course with small class sizes.
  • A syllabus aligned with the leading professional bodies ensures graduates have the up to date knowledge valued by employers.
  • Practical focus ensures graduates have the skills needed to contribute immediately to their employer.
  • Strong emphasis on the development of professional skills, including interview and presentation skills, which combined with a professional examination, provide students with a head start in the job market.
  • Excellent employment prospects on completion of the course
  • The first programme in the world to award academic credit for studying toward and sitting relevant career-enhancing professional examinations, CFA, CAIA, QFA or equivalent.
  • Scholarships are available for students for CFA and CAIA examinations.
  • Students have the opportunity to secure a relevant industry internship or produce an applied research project.
  • Faculty with significant industry experience.

Skills and Careers Information

Upon completion of the MSc Finance (Asset Management), you can expect to have excellent career prospects with the international investment, asset management, finance and banking industries.  The following companies have recruited students from the course:

  • 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
  • HSBC (Shanghai)
  • JDX Consulting (London)
  • Mitsubishi UFG Fund Services
  • Northern Trust (Chicago)
  • PwC Wealth Management
  • Rubrics Asset Management
  • SMBC Aviation Capital
  • TOBAM Asset Management
  • Willis Towers Watson

Requirements

Applicants must normally have (or expect to have) a 2H1 degree (GPA 3.25 out of 4.0) in a degree (NFQ Level 8) or equivalent 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 2H2 degree but meet all other requirements and applicants from other degree disciplines with at least a 2H1 degree may be considered on a case by case basis.

If you are applying with Qualifications obtained outside Ireland and you wish to verify if you meet the minimum academic and English language requirements for this programme, please view the grades comparison site.

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 €10,500.

The Non-EU fee for this course is €18,000.

Full-time/Part-time fee:

If your course is offered full time and part time, normally the fee for the part-time course is half the full-time fee per year, please check the fact file for confirmation.

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 .

Students will have to pay registration and examination fees with the CFA Institute and/or CAIA and for study notes. For 2017 these fees and expenses would be approximately €2,000 for level I of each professional qualification. There are a limited number of CFA and CAIA scholarships available which will be awarded based upon academic results.

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 three 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 Postgraduate Applications Centre (PAC). Applicants will need to apply before the course closing date. There is a €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.

3. Gather Supporting Documents

Scanned copies of the following documents will need to be uploaded to PAC 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 forms requested for your course.

Please log into PAC for more details.

4. Application processing timeline

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

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 that you will be asked to fill in a supplementary form as part of the application process for this programme. A copy of this form is available here CKL40 Supplementary Form

The closing date for non-EU applications is 15th June

Apply Now

For queries regarding course content or timetables please contact

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