MSc in Aviation Finance

The one-year full-time and two-year part-time formats of this course comprise core modules covering many aspects of econometrics, finance management and asset assessment.
 

To complete the programme, students must complete eleven core modules. In the summer term students can complete a research project, two option modules or in a small number of cases, apply for a limited number of possible internships. With any possible internship opportunity students have to go through a competitive recruitment process, including interviews with employers, to be selected.
 

Autumn Trimester     

• Quantitative Methods For Aviation Finance

• Aviation Credit Risk Analysis

• Corporate Finance for Aviation

• Aviation Tax

• Derivative Securities

• Capital Markets & Instruments
   

Spring Trimester 

• Aviation Financing

• Law of Aviation Finance

• Aviation Asset Management

• Aviation Economics
   

 Summer Trimester

• Ethics in Financial Services

• Doing Business Globally
   

Pathway A: choose 2 from the list 

• Structured Finance 

• Financial Technology

• Mergers and Acquisitions

• Advanced Treasury Management
   

Pathway B: 

• Aviation Industry Internship
   

Pathway C: 

• Aviation Finance Project
   

Please be advised that option modules listed are indicative of what has been delivered in previous years. What is offered each academic year is subject to change. Summer taught modules are delivered in blocks over one or two weeks.

Taught Master's:  A minimum overall score of 7.0 over all components and a minimum of 6.0 in each band on the Academic Version.  The non-academic version is not accepted.

Taught Master's: A minimum score of 100 is required in the Internet based TOEFL (iBT) with a score of at least 20 in each section.
 

General Requirements

• Standard XII

• Central Board of Secondary Education (CBSE)

• Council for the Indian School Certificate (CISCE)

• Intermediate Exam (some state boards)

• Higher/Senior School Certificate/Examination (most state boards)

• Average is calculated on best 5 recognised subjects

• CBSE/AISSCE/CUSCE/ISC - English Language 80% OR IELTS/TOEFL or equivalent

• An honours bachelors degree in:

•  Business/Commerce to include a number of quantitative subjects such as Economics or Finance

•  a Finance-related-area, Mathematical Finance, Economics, Mathematics, Statistics, Computer Science, Engineering or Physics

• with a minimum 2.1 award at NFQ Level 8 (or international equivalent) in a. or b. above.

• Applicants should have demonstrated strong academic ability (a 1.1 or 2.1) in a number of quantitative modules in their degree, such as mathematics, statistics, or econometrics.

• Candidates may be asked to sit the Graduate Management Admissions Test (GMAT) subject to individual application.

• We can also consider candidates with an Honours 2.1 primary degree with a minimum of three years appropriate work experience in the aviation industry.

The cost of studying at University College Dublin varies largely depending on the type of university and the degree chosen. More often than not, humanities, arts, and education courses are less expensive than degrees in medical, engineering, or management. Furthermore, students who choose to study at the postgraduate level typically pay higher tuition fees, which again vary depending on the programme chosen.

Most universities provide scholarships or financial aid to students in order to help them offset their tuition costs. Students should be aware that additional course fees and incidental expenses may not be included in tuition. On average, international students can expect to pay €27450 annually, to study in University College Dublin.

The MSc in Aviation Finance from the UCD Michael Smurfit Graduate Business School gives you the specialised skills and knowledge you need for a career in the aviation finance and leasing sector.
 

89% of our graduates from this programme were employed after 6 months across a range of industry sectors. (Source: Latest Graduate Outcomes Survey, published in November 2021)
 

Potential careers for our graduates include:

• Credit Risk Analysis

• Pricing Analyst

• Financial Modelling

• Risk Management

• Aviation Leasing Marketing and Negotiations