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Actuarial Science

Full Time option suitable for:

Domestic(EEA) applicants: Yes
International (Non EEA) applicants currently residing outside of the EEA Region. Yes
The MSc Actuarial Science (MSc Act. Sci.) is designed for students from quantitative disciplines who ultimately wish to train as an actuary upon completion of the programme. The MSc can help fast-track your career as an actuary by supporting you through the initial examinations of the Institute and Faculty of Actuaries (UK).

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 Technical 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. In addition you may also be able to take advanced courses in finance at the world class UCD Michael Smurfit Graduate School of Business. You can learn more about the MSc Actuarial Science by watching Dr Adrian O'Hagan's Google Hangout on Air on UCD Graduate Courses in Actuarial Science.

Entry requirements

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. 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.


1 year full-time

Number of credits


Careers or further progression

Where can I go?
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. 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.

Further enquiries

Contact Name: Iryna Buksha
Contact Number: +353 (0)1 716 2452

Subjects taught

Stage 1 - Option

Financial Economics I FIN30150

Financial Economics II FIN30160

Fundamentals of Actuarial and Financial Mathematics I MATH20130

Fundamentals of Actuarial and Financial Mathematics II MATH20210

Actuarial Statistics I STAT40020

Actuarial Mathematics 1 STAT40060

Actuarial Mathematics 2 STAT40100

Survival Models STAT40250

Actuarial Risk Management I STAT40550

Actuarial Risk Management II STAT40560

Actuarial Risk Management III STAT40570

Actuarial Risk Management IV STAT40580

Actuarial Reporting I STAT40600

Actuarial Reporting II STAT40610

Actuarial Dissertation I STAT40630

Stat. Methods for Actuaries STAT40640

Actuarial Dissertation II STAT40650

Probability & Statistics for Actuar STAT40660

Stochastic Models STAT40680

Actuarial Dissertation III STAT40870


The MSc Actuarial Science offers potential exemptions from the Core Technical subjects 1 to 8 (CT1-8) of the examinations of the Institute & Faculty of Actuaries (UK). If you have prior actuarial exemptions you may choose to study all or part of the syllabus for examination Core Applications 1 (CA1) of the Institute and Faculty of Actuaries (UK).** The programme is therefore suitable for students with no prior exemptions and for students who wish to add to any exemptions they already have.

** No exemptions are offered from the examinations of the Institute and Faulty of Actuaries in respect of CA1.

Application date

Deadline Rolling *

* Courses will remain open until such time as all places have been filled, therefore early application is advised

Enrolment and start dates

Next Intake:2017/2018 September

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