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AAAActuaries help companies evaluate future risks and design effective policies to tackle risks. Actuaries are needed in pension consulting, enterprise risk management, merger and acquisitions (M&A) advice, asset and liability management among others.
Actuarial Science deals with evaluating risks and maintaining the economic stability of insurance or financial organizations. The graduates from this field learn how to use Mathematics, Statistics, and Probability principles to anticipate future events and take preventive measures.
The skills required to get into the field are specialized maths knowledge like calculus, statistics, probability etc, keen analytical, project management, and problem solving skills, good business sense, strong communication skills and excellent computer skills.
Ireland is a talent hub for financial services, one that experienced phenomenal success over the last few years. Completing a Master’s in finance in Ireland will get you into the Top 250 of the world’s leading financial firms. There are more than 50 Actuarial jobs on various job portals.
MSc in Business Information and Analytics Systems provides students with a portfolio of business and analytical methods for solving problems and supporting decision making. This course provides students with a specialization in Business Analytics as well as an extensive knowledge of business and IS concepts.
The Business Analytics and Information Systems major provides the skills and knowledge necessary for business and data analytics, information systems development and support positions in both business and non-business organizations.
This course can be used for descriptive analysis in which data is utilized to understand past and present situation. This kind of descriptive analysis is used to asses’ current market position of the company and effectiveness of previous business decision.
The scope in the field of business analytics in Ireland is ever expanding and is helping it become mainstream as companies of all sizes and analytics require skilled graduates to get into the big data game.