Do you have excellent maths skills, analytical skills and have an interest in finance and economics? Do you have good communication skills, organisation skills and a critical mind? If so, you have some of the most important qualities for working in this area.
What is International Finance and Economics?
Finance is the management of large amounts of money. Economics studies the production, distribution, and consumption of goods and services. It is considered a social science.
What third level courses are available?
Universities and colleges in Ireland are offering courses in the following subject areas:
- International Finance and Economics – Maynooth University
Related:
- Finance
- Accounting
- Business Studies – Business and Finance
Studying International Finance and Economics
There is one main course by this exact title and it is offered by Maynooth University. It is a four year course. There are many courses that are similar or relevant to this area also offered as well as PLC courses in Universities and colleges around Ireland. PLC courses will usually be 1-2 years in length while undergraduate courses are usually 3-4 years.
In your first year of your undergraduate course, you will gain a strong foundation in the basic principles of International Finance and Economics. You will gain an insight as to what is to come throughout your degree. The modules you will cover will be a mix of mathematics and economics as well as having the opportunity to study a language or computer science.
Languages that are offered as an option include Chineses, French, German and Spanish. All languages are suitable for those who are beginners as you can study at a complete beginner level also. In your second year you will choose what pathway you would like to take. The options include a single major in Economics and Finance or take a major/minor with Economics and Finance as the Major and either Computer Studies or your 1st year language as a Minor.
In the third year of this course you will have the opportunity to do work placement in order to gain experience working in the field to gain an insight into the working world of economics and finance. There is also the option of studying abroad. In your fourth and final year, you will be back on campus in Maynooth University studying the option that you chose in second year between the two pathways.
The above information is based on the course offered by Maynooth University.
Career options
There are career opportunities in the banking and financial services industry, economic consultancy, finance units of public and private sector organisations, financial research, journalism, and teaching.
There is also the option of continuing on your studies at postgraduate level to specialise in a particular area of your interest such as Financial Risk, for example. There are many options to choose from. There are also opportunities in education and research.
Important skills and qualities in this area include numeracy skills, an interest in working with numbers and money, excellent communication skills, the ability to work well with others, good customer relations, time management skills, organisation skills, literacy skills, strong writing skills, excellent research skills, a critical mind and an analytical mind.
Related Jobs
- Financial Advisor
- Data analyst
- Financial Planning
- Banking
- Accountant
- Finance and Economics through languages
Further Study
Visit postgrad.ie for more information.
FAQ
Different courses and different colleges will have different entry requirements. It’s always safest to check with the individual higher education institution which is available on their websites. As a general rule Leaving Cert students should have a minimum of six subjects which should include: Two H5 (Higher Level) grades and Four O6 (Ordinary Level) grades or four H7 (Higher Level) grades. Subjects must include Mathematics, Irish or another language, and English.
Specific courses may have their own requirements.Certain QQI courses may be accepted.
The points required to study International Finance and Economics last year were 357 points in Maynooth University.
Where can I study?
For other courses in the area you would like to explore, you can do so here.
Did you know?
- It was reported in June 2020, that the average salary in Ireland was €1,656.20 EUR per month.
- Ireland is ranked 2nd among 45 countries in the Europe region for its economic freedom score
- Ireland’s rate of inflation is believed to be 0.9%
Resources
Retail banker Job description example
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