MSc in Aviation Finance
UCD Michael Smurfit Graduate Business School
About the Course
| NFQ Level | Delivery Mode | Duration |
| 9 | Full Time/Part Time | 12 Months / 24 Months |
Description
The MSc in Aviation Finance is the perfect step for students looking to gain a deeper understanding of all aspects of aviation finance with a particular focus on the practical features of global aviation markets. The course is supported and run in conjunction with leading aircraft leasing companies worldwide and offers unique internship, scholarship and research opportunities.
The MSc in Aviation Finance is the only of its kind in Europe and is suitable for graduates from a wide array of disciplines who are looking to commence a career in the fast-paced and exciting world of aviation finance and aircraft leasing.
Minimum Requirements
| Honours Bachelor Degree | Minimum Grade 2:1 |
Acceptable fields of prior study:
- Business/Commerce – must include several quantitative subjects such as Economics or Finance
OR
- A Finance-related-area, Mathematical Finance, Statistics, Mathematics, Economics, Computer Science, Engineering or Physics
Structure/Content of the Course
The course is broken up into three trimesters;
Autumn Trimester:
- Quantitative Methods For Aviation Finance
- Accounting / Financial Statement Analysis for Aviation
- Aviation Finance I
- Introduction to Capital Markets and Instruments
- Aviation Tax
Spring Trimester:
Summer Trimester:
In this trimester you have a choice. Probably one of the more enticing parts of this course is the internship opportunity.
Pathway A: choose 2 from the list
- Behavioural Finance
- Financial Technology
- Mergers and Acquisitions
- Advanced Treasury Management
Pathway B:
- Aviation Industry Internship – opportunity to complete an internship with one of the course sponsors and gain valuable industry expierence. This is a paid internship position.
Pathway C:
- Aviation Finance Project
Career Opportunities
Many students who complete and choose to take the internship path our offered permeant positions in some of the largest aircraft leasing companies in the world. Course sponsors include the likes of Avolon, SMBC Aviation Capital, AerCap and GECAS. It is worth noting that these internship positions are highly competitive, and acceptance to the course does not guarantee an internship position. It is also possible to gain an internship position in leasing companies who are not direct sponsors of the course.
A large percentage of the students who successfully complete the MSc in Aviation Finance go into the aircraft leasing sector, and last year 92% of the course was hired six months after graduation. Given the current economic climate, it may become increasingly difficult to obtain an internship position or a permanent role upon graduation. However, we remain bullish on the aircraft leasing sector and believe leasing companies will get through this testing time better and more durable than ever offering plenty of career opportunities.