This website uses cookies. About Cookies OK

Finance (Asset Management) (MSc)

Back

Programme Description

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.

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 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

 

 

Back to top

Learning Outcomes

For the MSc Finance (Asset Management) (NFQ Level 9, Major Award)
On successful completion of this programme, students should be able to:

  • Communicate and work effectively to a high professional standard;
  • Demonstrate advanced analytical and problem solving skills associated with effective practice; 
  • Engage in advanced application of frameworks and techniques in organisational settings;
  • Demonstrate professional readiness for a career in the asset management industry;
  • Develop Industry relevant Research skills.

 

Back to top

Practicalities & Assessment

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 complimented 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.

 

 

Full module information is detailed in the section below.

Back to top

Modules

Part I

  • Project Finance

    Part I

    Project Finance (AC6101)

    This module provides students with an understanding of the theory and practise of corporate investment decision making.

    More Information
  • Risk Management

    Part I

    Risk Management (AC6105)

    This module is designed to provide students with the tools to provide solutions to risk management issues in the firm

    More Information
  • Venture Capital and Private Equity

    Part I

    Venture Capital and Private Equity (AC6108)

    This module provide students with a deep understanding of the concepts of private equity finance and the fund raising and investment process of private equity firms, as well as to the characteristics of private equity, its returns, risks, and cash flow im

    More Information
  • Financial Analysis and Forecasting

    Part I

    Financial Analysis and Forecasting (AC6113)

    The aim of this module is to provide students with tools to enable them to analyse financial statements and to draw inferences about past and future performance.

    More Information
  • Equity Valuation

    Part I

    Equity Valuation (FI6005)

    The objective of this module is to ensure students acquire practical knowledge, skills and abilities in the valuation of equities within international financial markets.

    More Information
  • Quantitative Analysis

    Part I

    Quantitative Analysis (AC6116)

    In this module participants will develop an understanding of quantitative methods and how to apply them to today's asset management process.

    More Information
  • Research methods

    Part I

    Research methods (AC6117)

    This module is designed to develop the research skills which will be applied in the Business Research Project.

    More Information
  • Aircraft Leasing

    Part I

    Aircraft Leasing (AC6118)

    The focus of this module is to allow participants to understand the profile of the international aviation finance industry.

    More Information
  • Capital Markets and Funds Industry Regulation and Ethics

    Part I

    Capital Markets and Funds Industry Regulation and Ethics (AC6119)

    The focus of this module is on regulation and ethics in the financial services industry. The course follows the CFA Institute Standards of Practice Handbook covering Regulation, Ethics and Integrity in the Capital Markets. It also allows participants dev

    More Information
  • Asset Pricing and Allocation

    Part I

    Asset Pricing and Allocation (FI6003)

    This module presents the theory and practice of asset pricing and asset allocation with particular emphasis on equities.

    More Information
  • Analysis of Debt Instruments

    Part I

    Analysis of Debt Instruments (FI6004)

    Participants on this module will develop and apply tools to evaluate the rate risk of debt instruments

    More Information
  • Professional Development

    Part I

    Professional Development (FI6006)

    To ensure students have the necessary professional skills to enter the workplace and meet the professional expectations of employers.

    More Information

Part II

  • Professional Examination Report

    Part II

    Professional Examination Report (AC6120)

    To facilitate professional development participants will undertake an independent course of study towards Professional Examinations.

    More Information
  • Asset Management Research Report

    Part II

    Asset Management Research Report (AC6121)

    This module aims to allow students to apply the skills and knowledge acquired in the MSc Asset Management modules to a research project.

    More Information
  • Corporate Internship - Asset Management

    Part II

    Corporate Internship - Asset Management (AC6124)

    To apply student's knowledge of finance in a work context, allowing them to learn through practice and to develop the student's critical writing and thinking skills through using the work placement as a site of inquiry, research and reflection.

    More Information

For full programme requirements, please refer to the University College Cork Academic Calendar here

Back to top

Entry 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.

View the grades comparison table

Non-EU Candidates

Non-EU candidates are expected to have educational qualifications of a standard equivalent to Irish university primary degree level. In addition, where such candidates are non-native speakers of the English language they must satisfy the university of their competency in the English language. To verify if you meet the minimum academic requirements for this programme please visit our qualification comparison pages.

For more detailed entry requirement information please refer to the International website .

Back to top

Application Process

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.

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 in early November of each year.

Questions on how to apply?

EU students contact graduatestudies@ucc.ie

International students contact internationaloffice@ucc.ie

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

Irish/EU Closing Date Rounds

Irish/EU places on this programme are offered in rounds. The closing dates for each round can be found here

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

Non-EU Applications

Applicants who are interested in applying for the programme can also apply online at PAC.

For full details of the non-EU application procedure please visit our how to apply pages for international students.

**All Applicants please note: modules listed in the course outline above are indicative of the current set of modules for this course, but these are subject to change from year to year. Please check the college calendar for the full academic content of any given course for the current year. 

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. 

Back to top

MSc Finance - Invest in your future