International Finance (Economic Science)

It provides an 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.

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 Irelands knowledge-based economy.

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)

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

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. English Language Requirements IELTS band: 6.5

NUI Galway's Postgraduate Scholarship Scheme for full-time Taught Masters:
* Scholarship value: 1,500 per student
* For students who have been accepted on to full-time Taught Masters programmes
* Who have a First Class Honours undergraduate degree