MSc Actuarial Science

The programme provides a solid foundation in mathematics, statistics, economics and finance for future actuarial studies. You will also have the opportunity to undertake a dissertation in a topical area of actuarial science under the supervision of a member of the UCD School of Mathematics and Statistics. The dissertation will allow you to develop an understanding of how the theory and principles covered in the Core Subjects are applied in practice. Some students will have an opportunity to avail of paid research placements with actuarial companies as a means of completing their thesis (interviews with the relevant companies will be required). The programme is suitable for students with no prior exemptions and for students who wish to add to any exemptions they already have.

Optional Modules Stage 1
 

• Fundamentals of Actuarial and Financial Mathematics I

  MATH20130
   

• Fundamentals of Actuarial and Financial Mathematics II

  MATH20210
   

• Bayesian Analysis

  STAT20180
   

• Professional ethics

  STAT20190
   

• Statistical Machine Learning

  STAT30270
   

• Actuarial Mathematics 1

  STAT40060
   

• Actuarial Mathematics 2

  STAT40100
   

• Survival Models

  STAT40250
   

• Actuarial Reporting I

  STAT40600
   

• Actuarial Reporting II

  STAT40610
   

• Actuarial Dissertation I

  STAT40630
   

• Actuarial Dissertation II

  STAT40650
   

• Stochastic Models

  STAT40680
   

• Actuarial Dissertation III

  STAT40870
   

• Financial & Actuarial Maths I

  STAT40920
   

• Financial & Actuarial Maths II

  STAT40930
   

• Actuarial Dissertation IV

  STAT40940
   

• Core Actuarial Principles 3

  STAT40980
   

• Core Actuarial Principles 2

  STAT40990
   

• Core Actuarial Principles 1

  STAT41000
   

• Statistical Modelling for Act

  STAT41050
   

• Probability and Statistics

  STAT41060

• This programme is intended for applicants with degree in a quantitative area such as mathematics, statistics, computer science, engineering or economics and/or finance. An upper second class honours or international equivalent is required.  Degrees in Commerce or Accounting do not generally carry sufficient mathematics and statistics content to make students eligible for the MSc in Actuarial Science.

• Applicants whose first language is not English must also demonstrate English language proficiency of IELTS 6.5 (no band less than 6.0 in each element), or equivalent.

Non-EU fees for academic year 2022/23 are:

€ 23,210

As a graduate of the MSc Actuarial Science you can look forward to a career ranging from the traditional areas of insurance and pension consultancy to the rapidly expanding areas of investment and risk management. Successful graduates can expect early responsibility in their chosen career and the opportunity to work in a variety of challenging roles. Often students who undertake summer research placement with an Actuarial company progress into full employment. Throughout your actuarial career you can rely on the support and guidance of the Actuarial Profession and upon qualification you can expect a rewarding career that will continue to offer opportunities for further development. The Actuarial Profession is a global profession with actuaries in demand in Europe, America, Asia and Australia.