Overview
Status: Not on offer
National Framework Of Qualifications (NFQ) Level: 9
NFQ Award Class: Major Award
Duration Full Time: 1 Academic Year(s)
Total Credits: 90
Delivery Method: In-Person
Connected Curriculum: - Employability
- Inter-and Transdisciplinary
Graduate Attributes: - Creator, evaluator and communicator of knowledge
- Digitally Fluent
- Independent and creative thinker
Work-Integrated Learning (Including Placement): No
The MSc in Actuarial Science is a full-time programme running for 12 months.
Postgraduate Diploma in Actuarial Science
Regulations regarding progression from Part I to Part II can be found in Marks and Standards. Students who pass Part I but do not meet this requirement, or who choose not to progress to Part II, will exit the programme with the Postgraduate Diploma in Actuarial Science.
Programme Requirements
For information about modules, module choice, options and credit weightings, please go to Programme Requirements.
Programme Requirements
Module List
| Code |
Title |
Credits |
| |
| |
| ST6001 | Theory of Annuities-Certain for Actuarial Science | 10 |
| ST6005 | Life Contingencies for Actuarial Science | 10 |
| ST6015 | Machine Learning Methods for Actuarial Applications | 5 |
| ST6017 | Quantitative methods for Non-Life Insurance | 5 |
| ST6020 | Actuarial Business & Financial Reporting Methods | 5 |
| ST6022 | Survival Methods for Actuarial Science | 5 |
| ST6032 | Stochastic Modelling Techniques | 5 |
| 1 | 15 |
| |
| Probability & Mathematical Statistics for Actuarial Science (10) | |
| Regression & Generalised Linear Model Techniques for Actuarial Science (5) | |
| |
| Applied Financial Risk Modelling and Analytics for Actuarial Science (5) | |
| Application of Computational Methods in Actuarial Science and Risk Modelling (5) | |
| Modelling & Risk Analysis for Actuarial Science (5) | |
| |
| PA6007 | Market Analysis Methods for Actuarial Science | 10 |
| ST6009 | Application of Core Technical Research Methodologies in Actuarial Science | 20 |
| Total Credits | 90 |
Examinations
Full details and regulations governing Examinations for each programme will be contained in the Marks and Standards Book and for each module in the Book of Modules.
Programme Learning Outcomes
Programme Learning Outcomes for MSc (Actuarial Science) (NFQ Level 9, Major Award)
On successful completion of this programme, students should be able to:
- Demonstrate a knowledge of the theory of mathematical and statistical finance, actuarial finance methods, probability and statistical methods, survival models and market analysis as described by the syllabi of the first stage subjects of the Institute and Faculty of Actuaries;
- Describe the fundamental theories, models and principles of Actuarial Science and carry out a wide range of calculations involved in financial decision making, valuation and risk modelling;
- Summarize and communicate, in written and oral form, actuarial models and techniques and present such summaries to technical and non-technical audiences;
- Analyse problems of a quantitative nature, encountered in the insurance, pensions and financial industry, and construct solutions to such problems using the tools and skills of modern actuarial practice including the use of statistical and mathematical computer packages and the use of spread sheet and database programmes;
- Enter graduate or research careers in actuarial fields with the ability to significantly contribute to the financial services industry and moreover to society as a whole in using skills and education to identify, assess, manage and quantify uncertainty and risk in various situations;
- Demonstrate the competences, skills and leadership qualities which ultimately lead to the title of Actuarial Fellow.
