Actuarial Science

    Actuarial Science

    Duration1 year(s)
    Tuition Fee
    EUR 29,984 / Year
    Next IntakeSeptember 25, 2026

    Actuarial Science

    About

    The MSc Actuarial Science is designed for students from quantitative disciplines who 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 (IFoA), UK and is fully accredited by the IFoA, 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 programme is suitable for students with no prior exemptions and for students who wish to add to any exemptions they already have.

    • Designed specifically for those seeking to enter the actuarial profession.
    • Fully accredited by the Institute & Faculty of Actuaries (UK)
    • Students who perform well in the programme may obtain block exemptions from the Core Examinations of the Institute & Faculty of Actuaries (UK).
    • Paid research placements for some students with actuarial companies (subject to successful selection process)
    • MSc Actuarial Science won the Science Postgraduate Course of the Year at the gradIreland Higher Education Awards in 2016.

    Requirements

    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.

    English Requirements

    • PTEMin 63
    • IELTSMin 6.5
    • TOEFLMin 90

    English Program Requirements

    International English Language Testing System (IELTS)

    Taught Master's: A minimum overall score of 7.0 over all components and a minimum of 6.0 in each band on the Academic Version. The non-academic version is not accepted.

    Research Programmes: A minimum overall score of 6.5 over all components and a minimum of 6.0 in each band on the Academic Version. The non-academic version is not accepted.

    IELTS Indicator: A minimum overall score of 7.0 over all components and a minimum of 6.0 in each band. This test will be accepted for 2022/23 and 2023/24 intake.

    Test of English as a Foreign Language (TOEFL)

    Taught Master's: A minimum score of 100 is required in the Internet based TOEFL (iBT) with a score of at least 20 in each section.

    Research Programmes: A minimum score of 90 is required in the Internet based TOEFL (iBT) with a score of at least 20 in each section.

    TOEFL iBT Home: A minimum score of 100 is required with a score of at least 20 in each section.

    Duolingo Test of English (DET)

    UCD has approved the use of the Duolingo Test of English (DET) for the 2024/25 intake.
    An overall score of 130 will be accepted with no section below 110.

    Please note that this does not apply to the CEMS MiM / MSc in International Management. In the case of the CEMS MiM the Duolingo English Test will not be accepted.

    Career

    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.

    Fee Information

    Tuition Fee
    29,984 / year

    Actuarial Science

    University College Dublin

    University College Dublin

    Ireland

    Ireland, Dublin