Actuarial Science

The Graduate Diploma in Actuarial Science is designed for students from quantitative disciplines who ultimately wish to train as an actuary upon completion of the programme. The Graduate Diploma 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. 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



- Students who perform well in the programme may obtain subject-by-subject exemptions from the Core Technical examinations of the Institute & Faculty of Actuaries (UK)



What Will I Learn?

- Approach problems in an analytical, precise and rigorous way

- Demonstrate in-depth knowledge of the key skills required by a trainee actuary, including data collection methods, statistical method development, analysis of statistical output

- Demonstrate strong proficiency in appropriate computational methods

- Give oral presentations of technical material at a level appropriate for the audience

- Model real-world problems using the appropriate framework and on that basis, make forecasts and analyse risk

- Prepare written reports on technical subjects in statistics, actuarial science, and finance in clear and precise language

- Use the language of logic to reason correctly and make deductions

Students select 60 credits from the available list. NB. Modules to be selected in consultation with Programme Director.



Stage 1 Options - A) Min 1 of:

MATH20130 Fundamentals of Actuarial and Financial Mathematics I Autumn 5

STAT20190 Professional ethics Autumn 5

STAT40060 Actuarial Mathematics 1 Autumn 5

STAT40250 Survival Models Autumn 5

STAT40680 Stochastic Models Autumn 5

STAT40920 Financial & Actuarial Maths I Autumn 5

STAT41000 Core Actuarial Principles 1 Autumn 5

STAT41050 Statistical Modelling for Act Autumn 5

STAT41060 Probability and Statistics Autumn 5

MATH20210 Fundamentals of Actuarial and Financial Mathematics II Spring 5

STAT20180 Introduction to Bayesian Analysis Spring 5

STAT40070 Actuarial Statistics II Spring 5

STAT40100 Actuarial Mathematics 2 Spring 5

STAT40600 Actuarial Reporting I Spring 5

STAT40610 Actuarial Reporting II Spring 5

STAT40930 Financial & Actuarial Maths II Spring 5

STAT40980 Core Actuarial Principles 3 Spring 5

STAT40990 Core Actuarial Principles 2 Spring

- 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 Grad Diploma 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.



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

60

1 year full-time. Delivery: On Campus.

GradDip Actuarial Science (F036) Full Time

EU - fee per year: € 10,780

nonEU - fee per year: € 15,075


***Fees are subject to change

Next Intake: September 2025.