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Universities / University of Galway

BSc Financial Mathematics and Economics (BSc FME)

A four-year degree blending mathematics, actuarial and derivatives topics with economics. Final year includes derivatives and risk management and differential equations with financial derivatives, with partial actuarial exam exemptions possible.

What you’ll study

Core

  • Mathematics
  • Introduction to Financial Accounting
  • Computer Science
  • Principles of Microeconomics
  • Probability Models
  • Mathematics of Finance
  • Principles of Macroeconomics
  • Statistical Methods
  • Programming for Science and Finance
  • Random Variables
  • Linear Algebra
  • Introduction to Financial Economics
  • Statistical Inference
  • Actuarial Mathematics: Cashflow Models
  • Applied Regression Models
  • Business Finance
  • Economics of Financial Markets
  • Final Year Project
  • Actuarial Mathematics (Life Contingencies 1 and 2)
  • Numerical Analysis
  • Derivatives and Risk Management
  • Differential Equations with Financial Derivatives
  • Statistical Modelling

Electives

  • Measure Theory
  • Networks
  • Topology
  • Nonlinear Systems

Source: universityofgalway.ie ↗

Before you apply

Background
Leaving Certificate: H5 in two subjects and passes in four others, including Irish, English, Maths and a third language or lab science
Maths
H5 or O1 in Leaving Cert Mathematics
English
Refer to University English Language Requirements; no scores on page
Other
CAO points 2026: 520; 4 QQI/FET places

Source: universityofgalway.ie ↗

After graduation

Typical first roles
actuary, financial or risk analyst, investment banking associate, data analyst or quantitative researcher
Employers
Hannover Re, LCP, Bank of Ireland, EY, Irish Life, Allianz Insurance

Source: universityofgalway.ie ↗

Want to see what employers ask for? Browse open quant roles.

Possible exemptions from actuarial exams CM1, CS1, CB2. Module list on page mixes years and is not split cleanly into core and elective.

Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.

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