Actuarial Science هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

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

The Institute and Faculty of Actuaries has approved subject-level exemption status for the MSc programme in Actuarial Science at UCC in respect of their first 8 Core Technical subjects. Students may be recommended for exemption from the Institute’s own professional examinations in up to 7 of these Core Technical subjects by performing sufficiently well in the corresponding examinations of the MSc programme. UCC is one of the very few universities in Ireland which can offer students the potential to receive this level of exemptions from the professional actuarial examinations

Course Requirements

Part 1

Core modules (50 credits)

• PA6007 Market Analysis Methods for Actuarial Science (10 credits)
• ST6001 Theory of Annuities - Certain for Actuarial Science (10 credits)
• ST6002 Applied Financial Reporting Methods for Actuarial Science (10 credits)
• ST6003 Probability & Mathematical Statistics for Actuarial Science (10 credits)
• ST6004 Mortality Studies and Life Table Analysis for Actuarial Science (10 credits

Elective Modules (10 credits)

• ST6006 Insurance Risk Modelling for Actuarial Science (10 credits)
• ST6010 Current Topics in Statistical Applications to Actuarial Science (10 credits)

Part II

Core module (20 credits)

• ST6009 Application of Core Technical Research Methodologies in Actuarial Science (20 credits)

Elective modules (10 credits)

• ST6005 Life Contingencies for Actuarial Science (10 credits)
• ST6008 Applied Financial Modelling and Risk Stochastics for Actuarial Science (10 credits)

Entry Requirements

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) are not eligible to apply for this course.You must be approved by the course coordinator

Assessment

All taught modules in this course are assessed via a combination of end-of-module examination and submission of a portfolio of research and directed study.

For actuarial exemption purposes, the appointed actuarial independent examiner will base their recommendations for an exemption in the corresponding CT subject, on a student's performance in the final examination

For the research module (ST6009), you will study a number of problems, specific to the insurance and financial sector, and use the methodologies developed in the earlier modules to analyse such problems and produce oral and written reports on your work.