Actuarial Mathematics HBSc

Actuarial Mathematics HBSc

Bachelor degree
48 months
Application deadlines: February 1 (for non-EU)/May 1 (for EU)
Processing time: 30 days
Application fee: €60
Full-time
Intakes: September
International tuition: €15,000
Domestic tuition: €6,250

Program overview

In the first two years of their degree students cover the fundamental mathematical principles that underpin the financial models studied in later years. Students also study practical and finance-related subjects such as computer programming, economics and accounting. In years three and four students apply sophisticated mathematical techniques to real-world problems in insurance, finance and banking. In their final year students may also choose from a range of optional modules in applied finance of relevance to today’s complex financial markets. In year three, students spend eight months on a paid work placement (INTRA) in the actuarial or financial industry. The placements are, typically, with major insurance companies, actuarial consultancies or in investment banks and trading houses. This is a key opportunity for students to gain practical skills and experience in a commercial environment and also helps students make an informed career choice on graduation. Actuarial Exemptions The BSc in Actuarial Mathematics is fully accredited by the Institute and Faculty of Actuaries, UK. Students may obtain exemptions from up to eight Core Technical (CT 1-8) examinations of the Institute and Faculty of Actuaries, UK. These are the initial examinations required in order to qualify as an actuary in Ireland and the UK. Exemptions depend on examination performance during the degree and students who achieve all eight exemptions can significantly reduce the time taken to qualify as an actuary.

Study options

This program can be done
On campus

Requirements

Exams:

  • PTE
  • IELTS
  • TOEFL iBT
  • TOEFL PBT
A minimum of six Leaving Certificate subjects at Grade 06/H7, to include the subjects English OR Irish AND the subject Mathematics. In addition, applicants must present at least two subjects at grade H5. In addition to the general entry requirements for admission to the university the following entry requirements apply Minimum of H3 in Mathematics

Career opportunities

The BSc in Actuarial Mathematics provides an excellent start to a career as an actuary or in finance. Students who perform sufficiently well on the degree may be exempt from some or all of the Core Technical examination CT1-8 of the Institute and Faculty of Actuaries, UK and can, therefore, significantly reduce the time taken to qualify as an actuary. The Actuarial Profession is a global profession with opportunities internationally in America, Asia, India, Africa and Australia. Graduates are also well placed to undertake further studies and research in actuarial science, mathematics, financial mathematics, economics and finance. Graduates can look forward to a rewarding and varied career with opportunities in all areas of the actuarial profession as well as certain areas of business and finance including: Actuary Consultancy Consultancy Financial Management Financial Services Management Consultancy Risk Management Statistical Analysis

You may also be interested in programs like