Actuarial Science
Business and Management
Taught
MSc
Actuarial Science
Taught
MSc
Overview
Application Timeline
Tuition
- Year 1
| Student categories | Study | |
|---|---|---|
| Full-time | Part-time | |
| England | £11,350 | £5,700 |
| Northern Ireland | £11,350 | £5,700 |
| Scotland | £11,350 | £5,700 |
| Wales | £11,350 | £5,700 |
| EU | £24,750 | £11,350 |
| International | £24,750 | £11,350 |
Requirements
Language requirements information is currently unavailable.
Modules
Actuarial Science Masters Dissertation
CoreCashflows and Interest Rates
CoreProbability and Statistics for Finance
Core
About
Overview of Actuarial Profession
An actuary is a business professional who utilizes mathematics and statistics to evaluate risk across various sectors, including:
- Insurance
- Banking
- Health
- Government Planning
Programme Details
The MSc in Actuarial Science is tailored for graduates from numerate disciplines, providing essential knowledge in:
- Mathematical theories
- Statistical theories
Students will develop valuable skills in modeling actuarial problems using mathematics and statistics.
Accreditation and Exemptions
This programme is accredited by the Institute and Faculty of Actuaries in the UK. Graduates may receive exemptions from up to...
Subject Area Information
Actuarial science is a discipline that applies mathematical and statistical methods to assess risk in insurance, finance, and other industries. It combines rigorous quantitative skills with a deep understanding of business and economics, preparing students for professional certification and careers in risk management, insurance, pensions, and financial planning.
1. Introduction to Actuarial Science
2. Probability and Statistics for Actuaries
3. Financial Mathematics
4. Life Contingencies
5. Risk Theory and Loss Models
6. Actuarial Modeling
- Quantitative Analysis
- Financial Acumen
- Risk Management
- Problem-Solving
- Communication
Career
Actuarial science is a challenging and rewarding field that offers a variety of career opportunities for those with strong analytical skills and a passion for risk management.
Actuary
Working in insurance companies, consulting firms, or government agencies, actuaries assess and manage financial risks.
Risk Analyst
These professionals analyze the risk associated with financial investments and business operations.
Pension Consultant
Specializing in retirement plans, pension consultants advise organizations on the design and management of pension schemes.
Financial Planner
Financial planners help individuals and organizations achieve their financial goals through careful planning and risk management.
Insurance Underwriter
Underwriters evaluate the risk of insuring clients and determine appropriate premiums.
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