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Key Info

Bachelor of Science in Economics and Mathematics

NFQ Level 8 major Award Honours Bachelor Degree

Entry route(s):

Course code
LM124
Duration
4 Years
Subject area
Science
Course Director
Dr. Vincent O’Sullivan
Email
vincent.osullivan@ul.ie
Tel
061-202116
Admissions:
Tel
+353 (0)61 233755

If you like mathematics and economics, and like to question what underlies the physical and economic world around you, then this may well be the course for you. By the end of this course you will be able to understand and apply various mathematical and statistical techniques to gain insight into the physical and economic world around us.

Entry route to Economics and Mathematics ¾ÅÉ«ÊÓÆµ is via LM124 Mathematics Common Entry.

Why Study Economics and Mathematics Sciences ¾ÅÉ«ÊÓÆµ?

With strong applied quantitative skills, employment prospects for graduates of this programme are excellent. In a dynamic learning environment, you will develop high standards of numeracy and key skills in analytical thinking, therefore many diverse career opportunities will be open to you upon graduation. 

The aim of this degree is to equip the mathematically competent students with a more specialised focus at the level of mathematical theory and statistical analysis, while simultaneously providing them with an exposure to the principles of economics and its key applications. 

Learn more about our courses and upcoming events

Explore
¾ÅÉ«ÊÓÆµ

What you will study

The course is full time over four years. In the first two years of the programme, students are introduced to the principles of macro - and microeconomics, calculus, and statistics. The final two years of the programme concentrate on the development of skills in mathematical modelling, statistical analysis and econometrics and their application to a range of problems in economics. The second semester of Year 3 is spent on a Cooperative Education placement. You will gain experience in a working environment which requires the skills that you will have developed during your studies.

In Years 2, 3 or 4, students can apply to spend a semester studying abroad at one of our partner institutes worldwide.

In Year 4, students will undertake a final year project in either economics or data science under the supervision of a faculty member.

 Semester 1 Semester 2
MS4021MS4022
MS4131EC4102
CE4701MS4222
EC4111 Electives – choose two of:
 Electives – choose one of:AC4214
  MS4122
AC4213CE4702
PH4051  
PH4131  
CS4221  
MS4101  
 Semester 3 Semester 4
MS4035EC4108
MS4403EC4014
EC4213EC4044
EC4307 Electives – choose two of:
MS4043MS4404
  MS4014
  MS4034
  MS4303

 

 Semester 5 Semester 6
MS4214C04320Cooperative Education
MS4215  
EC4055  
EC4427  
 Elective - choose one:  
MA4617  
MB4005  
MS4105  
MB4017  
 Semester 7 Semester 8
EC4417EC4408
EC4437EC4418
    
 Electives - choose two: Electives – choose two:
MS4217MS4218
MS4117MA4128
MS4407MS4408
  MS4018
    
 Elective - Choose 1 Elective - Choose 1
EC4015MS4017
MS4037MS4038

How to apply

Where are you applying from?How to Apply
IrelandIrish students must apply to UL via the CAO. More information can be found here. 
The UK Students who have completed their A-Levels can apply to UL via the CAO. More information can be found on the Academic Registry website. 
The EUEU Students can apply to UL via the CAO. More information can be found on the Academic Registry website.
Non-EU country

Fees and funding

Student course fees are broken into three components - Student contribution, Student Levy and Tuition Fees.

A number of illustrative examples of fees for this course based on the current fee levels have been set out in the tables below.

An explanation of the components, how to determine status and the criteria involved is provided below the examples as is a list of possible scholarships and funding available.

EU Students with Free fees status in receipt of a SUSI grant

HEA pays Tuition Fees €4,262
SUSI pays Student contribution €3,000
Student pays Student Levy €102
Total €7,364

EU Students with Free fees status not in receipt of a grant

HEA pays Tuition Fees €4,262
Student pays Student contribution €3,000
Student pays Student Levy €102
Total €7,364

Students with EU fee status not in receipt of a grant

Student pays Tuition Fees €4,262
Student pays Student contribution €3,000
Student pays Student Levy €102
Total €7,364

Non-EU Students

Student pays Tuition Fees €20,900
Student pays Student Levy €102
Total €21,002

Student course fees are comprised of the following components:

Student Contribution

Annual charge set by the government for all full-time third level students. All students are liable unless they have been approved for a grant by (SUSI). Please refer to https://www.studentfinance.ie to determine your eligibility for a grant and for instructions on how to apply. The current student contribution is set at €3000.

Student Levy

All students are liable to pay the Student Levy of €102. Please note the Student Levy is not covered by the SUSI Grant.

Tuition Fees

These are based on Residency, Citizenship, Course requirements.

Review the three groups of criteria to determine your fee status as follows

  1. Residency
    • You must have been living in an EU/EEA member state or Switzerland for at least 3 of the 5 years before starting your course
  2. Citizenship
    • You must be a citizen of an EU/EEA member state or Switzerland or have official refugee status
  3. Course Requirements (all must be met)
    • You must be a first time full-time undergraduate (Exceptions are provided for students who hold a Level 6 or Level 7 qualification and are progressing to a Level 8 course in the same general area of study).
    • You must be undertaking a full-time undergraduate course of at least 2 years' duration
    • You cannot be undertaking a repeat year of study at the same level unless evidence of exceptional circumstances eg serious illness is provided (in which case this condition may be waived)

Depending on how you meet these criteria your status will be one of the following -

  • Free Fee Status: You satisfy all three categories (1, 2 and 3) and therefore are eligible for the .
  • EU Fee Status: You satisfy both the citizenship and residency criteria but fail to satisfy the course requirements and are liable to EU fees.
  • Non EU Fee Status: You do not meet either the citizenship or residency criteria and are therefore liable to Non EU fees.

More information about fees can be found on the Finance website

Scholarships

These scholarships are available for this course

Title Award Scholarships Available
Johnson and Johnson WiSTEM2D Programme
The Critchley Prize 1

These scholarships are available for all courses

Your future career

Employability skills from this degree

  • Analysing and interpreting data
  • Finding patterns and drawing conclusions
  • Applying economic principles and models
  • Approaching problems in an analytical and rigorous way
  • Formulating theories and applying them to solve problems
  • Handling complex data and applying mathematical and statistical analysis methods
  • Presenting mathematical arguments and conclusions with accuracy and clarity
  • Logical thinking
  • Communication and presentation skills
  • Time management
  • Organisational skills and working methodically and accurately
  • Teamwork and the ability to work independently
  • Statistical analysis

Further Study Options

Job titles for graduates with this degree

Graduates progressing directly into employment take up a wide variety of roles. The following provides a sample of initial roles listed on the Graduate Outcomes Survey by graduates approximately one year after graduation:

  • Actuary
  • Equities Trader
  • IT Consultant
  • Pensions Administrator
  • Research Analyst
  • Trainee Accountant

Student Profiles

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Conor Flynn

Conor Flynn

I thoroughly enjoyed my experience throughout my BSc Economics and Mathematics. This course particularly suited me due to the fact it covered a wide range of topics from both a business and mathematics perspective. In this sense, I was able to gain a greater understanding of the business world while also developing skills in Data Analytics, Problem-solving and Computer Programming which I could apply in the business world. The common entry first year also gave me time to decide on which aspect I wanted to pursue further of Economics, Physics and Computer Science. I chose Economics as I felt this was the area I found most interesting and which also had the best career opportunities. Economics is a behavioural science and studies decision-making and the allocation of good and services in the market. This was of keen interest to me as I enjoy assessing the process of decision-making and also the optimal choices those in government should utilise to impact their economies. The learning style throughout the course involved elements of both individual and group based projects. This kept the learning interesting and allowed me to view problems from different perspectives as well as providing opportunities to improve my independent thinking and curiosity.

Since completing my course I have chosen to train to become a Chartered Accountant in audit with PwC. Although, this course is not specifically geared towards this field it offers a wide range of modules which have really helped me throughout this pursuit. The key areas of focus to become a Chartered Accountant are Financial Reporting, Financing Decisions, Management Accounting and Taxation. During this course I gained a basic understanding of Financial Reporting but gained an in-depth knowledge of Management Economics and Financial decision making. However, where this course has really helped me in my career is in my day to day work. As part of this course we used a wide range computer software and programming applications such as Excel, PowerPoint, Matlab and R. These have proved invaluable to me as I can tidy data, process and understand data quickly effectively and create data visualisations throughout my day to day work in audit easily. Such examples would include assessing the variances of financial statements balances year on year, tidying large spreadsheet data into ready to analyse data and using analytical techniques to test financial statement balances. If you enjoy problem solving, have a mathematical mind and have an interest in data analytics this course is for you.


 

Karen O'Sullivan

This course is ideally split almost 50-50 between maths and economics. In this way, both subjects are developed at the same pace - being able to relate each to the other is a huge bonus.

What I enjoy most about the course is the range of teaching methods used. Very few modules are purely taught on the whiteboard, or only taught through programming. Across both economics and maths, lecturers introduce the theory and then implement the theory though statistical programs. Because of this, I am well versed in around 5 different programming packages, which looks very well on my CV. Having all this programming knowledge as well as the underlying theory is very beneficial. It means I know how to apply the theory to real-world situations, to come to meaningful and useful results.

I was on Co-Op placement in the world’s largest aircraft lessor, GE Capital Aviation Services (GECAS) in Shannon, Co. Clare. I never thought that the aviation industry was applicable to my degree, but that is the beauty of a joint degree with diverse subjects.

I was part of the finance team for aircraft engine leasing. My role involved working with the worldwide engine team, updating monthly industry-demand reports based off real-world engine data, and issuing reports. I also had the opportunity to lead the rehaul of the department’s internal website. This was something completely new to me that was outside what I thought I could do. However, it was a fantastic thing to be part of, and I learnt many new skills in leadership and teamwork.

Having industry experience like UL’s Co-Op placement is invaluable in the jobs market and is a great CV booster. It is highly attractive to employers and gives you an edge when it comes to graduate employment. Co-Op provides a great understand of the professional workplace and really embellishes the fantastic degree that you will get in UL.


 

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Laoise Coughlan

Laoise Coughlan

My name is Laoise and I’m currently working as a Data Science Consultant in the Applied Intelligence Department of Accenture Dublin. I graduated from the ¾ÅÉ«ÊÓÆµ in 2020 with a BSc in Economics and Mathematical Sciences. My first introduction to Accenture was during my co-op placement in 2019 which was organised through the UL Cooperative Placement Programme. This was a 7-month internship which gave me insight of life working in the data science industry and heavily influenced my future long term career decision. I returned to Accenture in January 2021 and have worked across various projects and industries over the last 2 years.