The Actuarial and Financial Studies (Hons) degree from University College Dublin will prepare you for a professional career in the actuarial or financial professions, but it has also been designed to be broader and more diverse than most traditional courses in actuarial science.
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Overview

If you enjoy studying Higher Level Mathematics for the Leaving Certificate or at A-Level and you have strong analytical and problem-solving skills, the  Actuarial and Financial Studies (Hons) degree from University College Dublin could be for you!

It takes a combination of strong analytical skills, business knowledge and understanding of human behaviour to design and manage programmes that control risk and guarantee sufficient funds for the insurance and pension sectors. For example, the actuary works out the risk (e.g. the likelihood of a fire happening) and calculates how much the customer should pay for insurance cover to ensure that the insurance company has sufficient funds to pay out if the incident occurs.

Career & Graduate Study Opportunities

Most BAFS graduates take positions as actuarial trainees in the following:

  • Life insurance
  • Pensions
  • Health insurance
  • General insurance
  • Investment

Some graduates also work in banking or finance as business or financial analysts. As a graduate of the BAFS degree, you are also eligible to pursue graduate study in statistics, computer science, economics, mathematics, management science, finance and other specialist business subjects.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Credits
    240 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus
  • More information Go to the programme website

Programme Structure

Courses included:

  • Mathematics
  • Economics
  • Statistics
  • Accounting
  • Computer Science
  • Actuarial and Financial Studies

English Language Requirements

  • Minimum required score:

    90

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120.

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

  • Minimum required score:

    600

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks.

General Requirements

  • Applicants presenting the Irish Leaving Certificate (established) must have six recognised subjects, selected according to course requirements, and must obtain Grade H5, or better, in two subjects and Grade O6/H7, or better, in the remaining four subjects. For all courses in UCD, this must include Irish (unless exempt) and English.
  • Irish, EU and EFTA students* are eligible to apply for admission to all undergraduate courses and apply via the Central Applications Office (CAO):
  • For very high demand courses, a numerus clausus for EU applicants applies (i.e. based on the proportion of applicants achieving top grades from the various cohorts).

Living costs for Dublin

  • 1100 - 1800 EUR/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Student excellence and achievement are recognised in UCD through a wide variety of scholarships and awards, which celebrate the diverse talents of our students. Many of these awards are highly regarded by employers and industry. 

To award outstanding achievement and to attract students of the highest calibre from around the world, UCD is pleased to offer a number of Global Excellence Scholarships to international students. 

These scholarships are competitively awarded based on academic merit and offered by country and/or by discipline. Students need to hold an offer before they can apply for a scholarship. Full terms and conditions apply. 

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

BAFS - Actuarial and Financial Studies (Hons)
Visit programme website

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