Higher Education Course of the Week: DN230: Actuarial & Financial Studies at University College Dublin

Posted on November 14, 2023

DN230: Actuarial & Financial Studies at University College Dublin is a four year programme that will prepare students for a professional career as an actuary and financial industry.

If you have a passion for Higher Level Mathematics in the Leaving Certificate or at A-Level and possess strong analytical and problem-solving skills, this degree might be for you.

Students will learn about financial accounting, the process of recording, creating a summary of and reporting business transactions. Learners learn about Statisical modelling, the use of statistical assumptions and mathematical models to generate sample data and then predict the real world. Another modules is the "Introduction to Bayesian Analysis" and it delves into Bayesian statistics and conditional probability, employing Bayes' rule for these calculations. Another module delves into Core Actuarial Principles, foundational in actuarial science for risk management in insurance and finance, utilizing mathematical, statistical, and financial tools to ensure the stability of financial institutions.

Modules of study include:

Introduction to Programming
Foundations of Finance
Numbers & Functions
Introduction Actuarial & Financial Studies
Fundamentals of Actuarial Business Theory
Introduction to Probability
Professional Ethics
Inferential Statistics
Introduction to Bayesian Analysis
Information Management for Actuaries
Models – Stochastic Models
Workplace Skills for Actuarial & Financial Studies
Actuarial Statistics
Statistical Machine Learning
Core Actuarial Principles

Explore the full list of modules here.

Language Elective Options for this course are: Arabic, Chinese, French, German, Irish, Irish Sign Language, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Swahili.

These details can be subject to change so confirm this with the college.

Entry Requirements:

As of 2023 the points required for this course are 613. The minimum subjects are 2H5 and 4 O6/H7 with a O6/H7 in English, Irish and Maths.

This course does not appear to accept applicants with FET awards. Confirm with the college as sometimes this information is not readily available.

Career Progression:

Graduates of the courses often go on to careers as a trainees in the area of pensions, life insurance, health insurance, general insurance and investment.

Careers to consider:

- Accounts Assistant

- Actuary

- Accounts Executive / Administrator

- Auditor

- Pricing Actuary