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MSc in Actuarial Science

Course Description

The MSc Actuarial Science is a one year full-time programme from September to the following August. Semesters 1 and 2, from September to May, cover the Core Technical subjects 1 to 8 (CT 1-8) and subject Core Applications 1 (CA1) of the examinations of the Institute and Faculty of Actuaries (UK). Depending on your background and subject to the approval of the programme director, you may select between five and eight subjects to study. The Core Technical subjects are as follows:

Financial Mathematics (CT1)
Finance & Financial Reporting (CT2)
Probability and Mathematical Statistics (CT3)
Models (CT4)
Contingencies (CT5)
Statistical Methods (CT6)
Business Economics (CT7)
Financial Economics (CT8)

In semester 3 you will undertake independent research in an area of actuarial science under the supervision of a member of the School of Mathematical Sciences with the aim of submitting a thesis on your research findings at the end of the semester. Depending on your subject choices in semesters 1 and 2 you may also undertake advanced modules in finance at the UCD Smurfit School of Business – the modules offered will vary from year to year but possible topics may include regulation, corporate governance, ethics in finance, asset valuation, and financial management.

This programme runs for one year or 3 semesters.

A short video about the MSc Actuarial Science programme:


Visit the MSc in Actuarial Science page on the University College Dublin website for more details!

Student Profiles

UCD Science EU Scholarships for MSc - 9 Awards

Scholarships will be awarded to academically exceptional students and high-calibre graduates working in industry. The awards will cover a portion of the tuition fees per candidate.

Value of Scholarship(s)



Applicants must have completed the application process to the course of their choice and fulfilled all the necessary admissions requirements. Scholarships will be awarded on academic merit.

Application Procedure

No separate application is required. All eligible applicants who complete their programme application by 31 st May 2016 will be considered for the scholarship.

Further Information


Entry Requirements

Applicants will normally be expected to have a very good foundation in mathematics and/or statistics and should have the equivalent of an Irish 2.1 honours degree in a quantitative area such as mathematics, statistics, computer science, engineering or economics and/or finance. We will however consider applications from prospective students who do not meet these entry requirements provided they can demonstrate an ability and commitment to study actuarial science. UCD reserves the right to analyse applications in the context of a student’s degree performance in subjects directly linked to Actuarial Science and make an admissions decision on this basis.

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