Course Summary
The MSc Actuarial Science is designed for students from quantitative disciplines who wish to train as an actuary upon completion of the programme.
College Link
Career Sectors
This course prepares you for working in the Career Sectors below. Follow the links to get a fuller understanding of the sectors you are preparing for.
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. 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.
School of Mathematics and Statistics Application Process FAQ
These are the minimum entry requirements – additional criteria may be requested for some programmes.
You may be eligible for Recognition of Prior Learning (RPL), as UCD recognises formal, informal, and/or experiential learning. RPL may be awarded to gain Admission and/or credit exemptions on a programme. Please visit the UCD Registry RPL web page for further information. Any exceptions are also listed on this webpage. https://tinyurl.com/2ae2ffax
Application Details
MSc Actuarial Science FT (F034)
Duration 1 Years
Attend Full Time
Deadline Rolling*
* Courses will remain open until such time as all places have been filled, therefore early application is advised
Next Intake: September 2025.
Fees
MSc Actuarial Science (F034) Full Time
EU fee per year - € 14500
nonEU fee per year - € 25590
***Fees are subject to change
Tuition fee information is available on the UCD Fees website. Please note that UCD offers a number of graduate scholarships for full-time, self-funding international students, holding an offer of a place on a UCD graduate degree programme. For further information please see International Scholarships.
Some students will have an opportunity of paid research placement during the summer term.
The Student
Career Interests
This course is typically suited for people with the following Career Interests. If these interests do not describe you, this course may prepare you for work you may not find satisfying.
Administrative
Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.
They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.
Investigative
The Investigative person will usually find a particular area of science to be of interest. They are inclined toward intellectual and analytical activities and enjoy observation and theory. They may prefer thought to action, and enjoy the challenge of solving problems with sophiscticated technology. These types prefer mentally stimulating environments and often pay close attention to developments in their chosen field.
Enterprising
Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.
Career Progression
As a graduate 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. 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.