| Course Name |
Actuarial & Financial Studies |
| Course Provider |
University College Dublin |
| Course Code |
DN230 |
| Course Type |
Higher Education CAO |
| Qualifications |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
| Degree - Honours Bachelor (Level 8 NFQ)
More info...
|
Major |
National University of Ireland |
Level 8 NFQ |
|
| Apply To |
CAO |
| Attendance Options |
Full time, Daytime |
| Location (Districts) |
Belfield |
| Qualification Letters |
BAFS (Hons) |
| Duration |
4 years |
| Leaving Certificate Entry Requirements |
Expand+Entry Requirements
English, Irish, Mathematics (Min H2 in LC or equivalent), Three other recognised subjects.
Leaving Certificate
You must obtain a minimum of Grade H5 in two subjects and a minimum of Grade O6/ H7 in the remaining four subjects...
Hide-Entry Requirements
English, Irish, Mathematics (Min H2 in LC or equivalent), Three other recognised subjects.
Leaving Certificate
You must obtain a minimum of Grade H5 in two subjects and a minimum of Grade O6/ H7 in the remaining four subjects.
Irish Leaving Certificate Minimum entry requirements
– To matriculate on the results of the Leaving Certificate, a student must present at least six recognised subjects selected according to course requirements (see Entry Requirements for each course) and must obtain at least Grade H5 in two subjects and Grade O6/H7 in the remaining four subjects.
– A student may normally combine the results of Leaving Certificate examinations obtained in different years for Matriculation Registration purposes. This concession applies to Matriculation Registration only; it does not apply to the calculation of points. However, it should be noted that students seeking to enter Medicine must meet the minimum entry requirements, including both Leaving Certificate points and matriculation, in the same sitting of the Leaving Certificate.
Acceptable subjects
All subjects of the current Leaving Certificate examination are accepted for Matriculation Registration purposes, with the following exceptions and qualifications:
i. Gaeilge – Bonnleibhéal (Irish – Foundation Level) will not be accepted for Matriculation Registration purposes.
ii. Mathematics Ordinary Alternative/ Foundation Level will be accepted for Matriculation Registration purposes, but not as a substitute for the subject Mathematics in courses for which the subject Mathematics is currently an entry requirement.
Leaving Certificate points are not awarded for either of these subjects.
Applicants presenting Leaving Certificate results from previous which include subjects no longer offered should email admissions@ ucd.ie for advice with regard to acceptability and any exclusions which may apply.
NB The Leaving Certificate Applied Programme is not an acceptable qualification for matriculation purposes.
Combination of subjects not permitted
– The subject “Physics and Chemistry” may not be presented with either “Physics” or “Chemistry”.
– “Agricultural Economics” may not be presented with “Economics”.
– “Classical Studies” may not be presented with “Latin” or “Greek”.
Laboratory science subjects
The following subjects in the Irish Leaving Certificate are recognised laboratory science subjects:
Agricultural Science, Biology, Chemistry, Physics and Chemistry (Joint), Physics.
For Science (DN200) only, Applied Mathematics or Geography may also be used as a laboratory science subject.
For Veterinary Nursing (DN310) only, Home Economics (Social & Scientific) may also be used as a laboratory science subject.
Notes
– Minimum points requirements can change from year to year as they are dependent on demand for each course, as well as the number of places available.
– For entry in 2017, 25 additional points will be awarded for a grade H6 or better in Leaving Certificate Mathematics, where that subject is one of the six subjects being counted for points purposes.
– Applicants’ performance in the Leaving Certificate examination is scored on their best results in no more than six individual subjects taken in the Leaving Certificate examination of any one year. This does not preclude an intending applicant from taking school-leaving examinations in two or more years. In this event, the choice of year for scoring purposes will be such as to ensure that each applicant is credited with the maximum possible score.
– It is still possible to achieve matriculation and subject requirements over more than one year. However, for admission to Medicine, applicants must achieve both the required subject grades and the points in the same sitting.
– The subjects and combinations of subjects not permitted for matriculation also apply when computing an applicant’s points score.
– The points scores for Medicine are adjusted when combined with HPAT – Ireland. Please see www.ucd.ie/myucd/hpat.
– For scoring of pre 2017 Leaving Certificate examinations, please see https://myucd. ucd.ie/admissions/cao-points-scoring.ezc
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| Leaving Certificate Vocational Programme LCVP |
Leaving Certificate Vocational Programme (LCVP) Link Modules
Grade Points
Distinction 66
Merit 46
Pass 28 |
| Leaving Certificate Applied Programme LCAP |
The Leaving Certificate Applied Programme is not an acceptable qualification for matriculation purposes. |
| QQI FET Entry Requirements |
Web Page - Click Here |
| Alternative Entry |
Go to http://www.myucd.ie/applying-to-ucd/ for information on alternative entry routes. |
| Higher Education Access Route HEAR |
Web Page - Click Here |
| Disability Access Route to Education DARE |
Web Page - Click Here |
| Recognition of Prior Learning RPL |
Web Page - Click Here |
| Number of Places |
47 |
| Link to Course Fee |
Web Page - Click Here |
| Financial Support |
Grants
New entrants to the Higher Education Grants Scheme will be managed through the Student Universal Support Ireland (SUSI) system, rather than through individual County Councils, Local Authorities or VECs. Some continuing students (pre-SUSI) will be managed by their existing grant authority. If you think you are eligible for a grant you should deal directly with SUSI.
support@susi.cdvec.ie
+353 761 087874
www.studentfinance.ie |
| CAO Application Dates and Fees |
Expand+Early online application (discounted): Fee €25 Closing Date: 20th January 2017 at 5:15pm
Normal online application: Fee €40 Closing Date: 1st February 2017 at 5:15pm
Late online application - restrictions apply: Fee: €50 Closing Date: 1st May 2...
Hide-Early online application (discounted): Fee €25 Closing Date: 20th January 2017 at 5:15pm
Normal online application: Fee €40 Closing Date: 1st February 2017 at 5:15pm
Late online application - restrictions apply: Fee: €50 Closing Date: 1st May 2017 at 5:15 pm
Change of Mind: Fee: Nil Closing Date: 1st July 2017 5:15 pm
Exceptional online late application - see page 14 of the 2017 CAO Handbook: Fee €50 Closing Date: 22nd July 2017 at 5:15pm
You should avoid submitting an application close to a closing date. No extensions to closing dates will be allowed and all fees are non-refundable.
LATE APPLICATIONS
Late Applications are those which are received after 5:15pm on 1st February 2017 and will be accepted up to 5:15pm on 1st May 2017, subject to the restricitions listed on page 3 of the 2017 CAO Handbook.
Late Applications (Exception to Timetable)
The exceptional closing date of 22nd of July at 5:15pm applies only to applicants who are currently undergraduate students in any year in any one of the participating HEIs (subject to the exclusions listed below). In order to avail of the Exceptional Late Application facility you must have entered the HEI through the CAO system.
If you did not enter your current course through the CAO system, you must first contact the Admissions Office of the HEI to which you wish to apply and they will inform you if you may submit an application direct to the institution.
Exclusions:
You may submit a late application only for entry to courses other than your existing course. If you wish to repeat the year in the same course you must arrange this within your HEI.
Mary Immaculate College Limerick, Trinity College Dublin and the University of Limerick have special procedures in place in the case of current or previous students who wish to apply for entry to another course in the same HEI. Such applicants must contact their Admissions Office to determine the application procedure. However, if you are a student in another HEI and you wish to apply to any of these three HEIs, you should apply through CAO.
Refer to page 15 of the 2017 CAO Handbook on how to make an Exceptional Late Application.
Restricted-category Applicants
Mature applicants – most HEIs will require mature applicants, who wish to be assessed on mature grounds, to have applied to CAO by 1st February 2017 at 5:15pm. (This restriction does not apply if the applicant wishes to be considered on the basis of school leaving qualifications only.) For more information about applying to CAO on the basis of mature years go to www.cao.ie/mature.
Applying for the HEAR and/or DARE schemes – to be considered for the HEAR and/or DARE schemes applicants must have registered on the CAO system by 1st February 2017 at 5:15pm and must have completed the HEAR/DARE application form by 1st March 2017 at 5:15pm – supporting documents must be sent to CAO offices before 1st April 2017 at 5:15pm.
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| Course Content |
Expand+Why is this course for me?
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 UCD BAFS (Hons) degree could be for you. It will prepare you for a pr...
Hide-Why is this course for me?
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 UCD BAFS (Hons) degree could be for you. It 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 programmes in actuarial science.
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.
The Actuarial & Financial Studies course is full time and includes a mixture of lectures, tutorials and practical assignments.
|
| Subjects Taught |
Expand+What will I study?
This is a sample pathway for a degree in Actuarial and Financial Studies. Subjects include accountancy, finance, mathematics, information management and statistics.
First Year
• Mathematics
• Economics
• Statistics
• Acc...
Hide-What will I study?
This is a sample pathway for a degree in Actuarial and Financial Studies. Subjects include accountancy, finance, mathematics, information management and statistics.
First Year
• Mathematics
• Economics
• Statistics
• Accounting
• Computer Science
• Elective modules
Second Year
• Actuarial and Financial Studies
• Elective modules
Third Year
• Actuarial and Financial Studies (Includes a six month supervised professional placement in insurance and financial institutions in Ireland, the UK or the USA)
Fourth Year
Actuarial and Financial Studies
|
| Assessment Method |
Assessment for each module will vary and may comprise a written exam, multiple choice questionnaires and continuous assessment activities. |
| Careers or Further Progression |
Expand+Career & Graduate Study Opportunities
Most BAFS graduates take positions as actuarial trainees in the following:
- Life insurance
- Pensions
- Health insurance
- General insurance
Should you achieve a sufficiently high standard in the degree...
Hide-Career & Graduate Study Opportunities
Most BAFS graduates take positions as actuarial trainees in the following:
- Life insurance
- Pensions
- Health insurance
- General insurance
Should you achieve a sufficiently high standard in the degree, you will gain some (or all) exemptions from the Core Technical series examinations (CT1:8) as well as the Core Applications CA1 examination of the Institute of Actuaries or the Faculty of Actuaries. Some graduates also work in Banking or Finance as business or financial analysts. As a graduate of the BAFS degree programme, you are also eligible to pursue graduate study in Statistics, Computer Science, Economics, Mathematics, Management Science, Finance and other specialist business subjects.
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| Further Enquiries |
Dr Shane Whelan
UCD School of Mathematics & Statistics
Belfield, Dublin 4
Email: shane.whelan@ucd.ie
Tel: +353 1 716 2583
facebook.com/UCDScience |
| Course Web Page |
Web Page - Click Here |
| International Students |
Web Page - Click Here |