Postgraduate
MSc Actuarial Science

University College Cork

Course Overview


This course is designed for graduates of quantitative disciplines who want to kick-start a career in Actuarial Science.

It provides a solid foundation in statistics, financial mathematics, economics and business finance. Upon completion of the course, your knowledge and skills could be applied to a range of industries in the financial services such as insurance, pensions, healthcare, banking, investment and risk assessment. You will be equipped with mathematical and statistical knowledge and problem-solving skills to help businesses and institutions evaluate the long-term financial implications of the decisions they make. You will also have the opportunity to undertake a minor dissertation involving the study of a number of problems specific to the insurance and financial sector.

What you need to know

Where is the course located?

Cork City

What is the length of the course?

12 Months Full-time (1 Year)


When can I apply?

You can apply today

When does the course start?

September

Placement options

Given the short duration of this course (one year full-time), work placement is not included. However, staff who teach on the course have well-established links with many employers and have actively assisted and advised undergraduate actuarial science students on securing jobs after graduation. Finance and actuarial companies, as well as actuarial recruiters, regularly visit UCC during the term to assist students in securing jobs.


Application Closing Date

Open for applications

Number of Places

Fees and Funding

Non-EU Tuition Fees

€ 18,000

Living Costs per year

€ 10,000

Application Fee

€ 60

Features and Benefits


Entry requirements

How to Apply

Once you are ready to start your application, please click on APPLY NOW

As part of your application, you will be required to submit:

  • Your academic history and transcripts (Actual and/or Predicted Grades)
  • Proof of English proficiency (typically IELTS or TOEFL scores)
  • 2 letters of recommendation
  • A copy of your passport
  • Personal Statement
  • CV/Resume
  • Extra requests for certain courses

Minimum entry requirements

  • ¬†Minimum 2H2 honours primary degree in engineering, finance, physical or mathematical sciences, or equivalent, or a degree with a strong numerate content (as determined by the course committee)
  • You will have demonstrated by your performance in relevant modules that you have the numeracy skills required for this MSc degree course to the satisfaction of the course committee.
  • Graduates with a BSc in Financial Mathematics and Actuarial Science (FMAS graduates) and BSc Risk and Actuarial Studies (RAS graduates) are not eligible to apply for this course.
  • All candidates must ultimately be approved by the programme coordinator.
  • In the case of competition for places, a selection will be made on the basis of your primary degree results and interview performance (if required).

English Requirements

Duolingo English Test (DET):
College of Science, Engineering and Food Science: All Programmes (Except Architecture): DET 100-110 + Skills Check. DET 115 or more eligible for full offer
IELTS Academic Minimum Requirements:
College of Science, Engineering and Food Science: All Programmes (Except Architecture): 6.0 Minimum individual sections 5.5
TOEFL Minimum Requirements:
College of Science, Engineering and Food Science: All Programmes (Except Architecture): TOEFL 80 Listening – 17; Reading – 18; Speaking – 20; Writing 17
CPE Cambridge Proficiency Minimum Requirements:
College of Science, Engineering and Food Science: All Programmes (Except Architecture): 169 overall with not less than 162 in each element of the test
CAE Cambridge Advanced Minimum Requirements:
College of Science, Engineering and Food Science: All Programmes (Except Architecture): 169 overall with not less than 162 in each element of the test
Pearson PTE Academic Minimum Requirements:
College of Science, Engineering and Food Science: All Programmes (Except Architecture): 59 Minimum individual sections 51
Trinity ISE:
Trinity ISE III with at least merit in each skill category

Special Entry Requirements

Career Prospects


An actuarial qualification gives an excellent grounding in subjects like economics, finance, mathematics, and statistics, as well as the more actuarial subjects. This makes actuarial graduates suitable for a range of careers, not just actuarial work.

Notes