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DC127

Common Entry into Actuarial and Financial Mathematics

Course Details

CAO Code:
DC127
Course Type:
Undergraduate
NFQ Level:
8
Delivery Modes
Full-Time
Minimum Points
555
Duration
2 + 2 Years
Phone:
+353 (0) 1
700 5294

Want to use your love of and talent for mathematics to set yourself apart on the job market?

Overview

Overview Icon

Curious about actuarial and financial mathematics, but not sure which path is right for you? With this course, you’ll have the freedom to explore both areas before choosing the direction that best matches your interests and ambitions.

The Common Entry into Actuarial and Financial Mathematics programme (CAFM) is perfect if you want to keep your options open while preparing for in-demand roles in insurance and finance. You’ll have the flexibility to explore different areas of mathematics, discover your strengths, and decide how you want to specialise as you progress. After your first two years, you’ll have the chance to focus your studies and earn a degree in either Actuarial Mathematics or Financial Mathematics.

Throughout your studies, you’ll master the mathematical principles behind advanced actuarial and financial models, while also building skills in computer programming, data analysis, economics, and accounting. Along the way, you’ll develop the analytical mindset and problem-solving abilities that employers value, preparing you to tackle real-world challenges with confidence.

No matter which path you choose, you’ll gain hands-on experience through an eight-month paid internship in your third year. Whether you’re working with a leading insurance company, an actuarial consultancy, an investment bank, or a trading house, you’ll build your professional network and apply your skills in real-world settings. When you graduate, you’ll be ready to launch your career as an actuary, financial professional, or data scientist. 

DCU People

Profile picture of Aisling Crean-Lynch
Aisling Crean Lynch
Alumni

DCU was the only college offering entry into Actuarial and Financial Mathematics when Aisling Crean-Lynch was unsure if “the BSc in Actuarial Mathematics would be a good fit for me.”


Read more about Aisling Crean Lynch
Profile picture of John Appleby
John Appleby
Staff

My research interest lies in differential equations.


Read more about John Appleby
Profile picture of Darragh Pidgeon
Darragh Pidgeon
Student

The common entry to Actuarial and Financial Maths course at DCU proved worthwhile and memorable.


Read more about Darragh Pidgeon
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Olivia Mcloughlin
Student

After starting at DCU through the Common Entry into Actuarial and Financial Mathematics (CAFM) because I wasn’t entirely sure which area of maths I wanted to study for my degree, I chose to study a


Read more about Olivia Mcloughlin

Careers & Further Options

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Careers

For further information on the various professional opportunities review the entry for the BSc in Actuarial Mathematics or the BSc in Financial Mathematics.

DCU graduates are highly sought after by employers. Our Graduates work in environments ranging from large multinationals to SMEs, family businesses and start-ups across every sector.

DCU Careers Service has a number of learning and development initiatives in place for our students, giving them the skills they need for a successful career path.

Go to our Careers site to find out more about career planning, our mentorship programme, skills development and online resources for students when working on CVs and making applications.

Entry Requirements

Entry Requirements Icon

In addition to the general entry requirements for admission to the university the following entry requirements apply

Minimum of H3 in Mathematics

In addition to the general entry requirements for admission to the university the following entry requirements apply

GCE A Level B Mathematics

Please visit our Admissions Webpage for application guidance and to review specific FET course requirements, please visit the CAO QQI FET Requirements Look Up Facility.

Please visit our QQI FET webpage for details on DCU courses, open days, campus tours or school visits.

To apply to DCU, please visit www.cao.ie.

Mature entry is a competitive process. Applicants must demonstrate:

  • a genuine interest in the programme(s) they are applying for
  • academic experience and competency in their chosen field of study
  • an ability to engage and succeed on the programme

All applicants must complete a statement of interest to be considered for the mature application route.

For further guidance on the mature application process please see the CAO Website

No Entry Path

International candidates are expected to have educational qualifications of a standard equivalent to those outlined above. In addition, where such candidates are non-native speakers of the English language they must satisfy the university of their competency in the English language. For further information on international applications click here.

Course Structure

Course Structure Icon

The Common Entry structure allows you to make an informed decision about which stream to specialise in after first studying fundamental courses such as analysis, algebra and probability, together with computing and statistics.

At the end of Year Two, students on this Common Entry programme enter one of two courses—there are a limited number of places in the third year of the BSc in Actuarial Mathematics, with entry based on a student’s performance in Years One and Two.

  • Analysis
  • Calculus
  • Probability
  • Computing for Mathematics
  • Linear Algebra
  • Microeconomics
  • Macroeconomics
  • Mathematical Concepts and Skills
  • Statistics
  • Calculus
  • Numerical Methods
  • Analysis
  • Differential Equations
  • Probability
  • Accounting  
  • Year 3 (Financial Mathematics)
  • Stochastic Modelling
  • Financial Mathematics
  • Partial Differential Equations
  • Financial and Actuarial Models
  • INTRA
  • Year 4 (Financial Mathematics)
  • Financial Economics
  • Probability and Finance
  • Stochastic Finance
  • Simulation for Finance
  • Fixed Income Securities
  • Optimisation

     

  • Year 4 Options
  • Deep Learning
  • Time Series
  • Financial Economics

Fees and Funding

Fees Icon

Fees

All programme fees are per annum and subject to an annual increase.

Student Contribution.
€2,543
EU Status Fee
€6,250
Non EU Fee.
€16,900

How To Apply

How To Apply Icon

EU School Leavers/FETAC Level 5 Apply through the Central Applications Office (CAO) by 1st February or 1st May 

To apply for this programme:

Candidates should apply directly here. Here's a quick step by step guide if you need help with your application.

Please provide 

  • Academic Transcripts for each and every year of study with English translation, if applicable.
  • If applicable, provide evidence of competence in the English language as per DCU entry requirements.

Applications are accepted on an ongoing basis up to 1st July. All Non-EU candidates are advised to apply early, as places are limited.

All mature applicants apply through the CAO by 1st February. For further information and for special application procedures for mature students, please click here

No entry path.

Candidates presenting EU qualifications are required to apply through the CAO can apply online at www.cao.ie

Candidates presenting non-EU qualifications are required to apply directly here.  

Life On Campus

Life on Campus
DCU Campus Glasnevin

DCU Glasnevin Campus

FAQs

FAQ Icon

What is an actuary? 
Actuaries work with other people using mathematics (and computing) to solve problems related to financial risk. Very often they work in insurance companies, working on such things as calculating insurance payments of different kinds, pensions and financial risk management - helping individuals and companies to plan for their financial future. They earn very good salaries (starting at c. €35K, with a significant jump when they complete their professional qualifications), and work in a stimulating and challenging environment that has lots of different career opportunities.