Edinburgh,
United Kingdom
Type
Public
Degrees offered
Bachelor's Degree
MSc Actuarial Management in Edinburgh United Kingdom | Heriot-Watt University
Heriot-Watt University
|
Edinburgh United Kingdom
Visit institution website
for more information
Qualification
Masters Degree (Taught)
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
GBP
24,176
(c. USD32,258.04)
Attendance
Full-time
Full-time Duration
12 months
The MSc in Actuarial Management equips you with comprehensive training to master actuarial business leadership, enabling you to assess optimal decisions and effectively communicate your strategies to drive organizational success. This program holds full accreditation from the UK's Institute and Faculty of Actuaries, covering subjects CP1 through CP3 and SP2 through SP6 plus SP9. Notably, completing SP9 grants you the globally recognized Certified Enterprise Risk Actuary (CERA) credential. The program also offers opportunities to complete foundational subjects like CB1, CB2, or CM2 if needed.The curriculum spans diverse domains such as life assurance, risk analysis, investment strategies, derivative instruments, pension systems, professional communication, and financial modeling - allowing you to tailor your specialization.Upon graduation, you'll be substantially closer to actuarial certification, typically needing just one or two final examinations post-study, potentially accelerating your professional qualification by 12-24 months.Edinburgh: An Ideal Study LocationScotland's capital Edinburgh offers an exceptional study environment near the coast. Heriot-Watt's Edinburgh campus occupies a picturesque green setting west of the city center, with convenient 30-minute bus connections that let you balance campus and urban living.As Scotland's financial hub, Edinburgh hosts numerous financial institutions while also serving as a cultural epicenter - most notably during the annual Edinburgh International Festival each August.The city's dramatic topography across seven hills reveals stunning vistas around every corner, whether you're wandering the historic Old Town's cobblestone lanes or admiring New Town's elegant sandstone architecture. Edinburgh Castle dominates the skyline as a major visitor attraction.Excellent transport links provide easy access throughout the UK, including a mere 4-hour journey to London.Study Options Available: Full-time and Part-time pathways
Destination of Study
Subjects of Study
Language Requirements
English
IELTS 6.5
Qualification Requirements
Entry requires an excellent Bachelors or Masters degree, and for the student to have studied, and be proficient in, the application of a wide range of the early actuarial mathematical material. Broadly speaking, students need to have covered previously much of the syllabus of early Institute and Faculty of Actuaries subjects: CM1, CM2, CS1, CS2, CB1 and CB2.
The degree is challenging but rewarding. Working hard will get you a suite of exemptions and the ability to perform well in interviews in order to secure your first role in business.
If you have not passed most or all of the early actuarial Institute and Faculty of Actuaries subjects then our MSc in Actuarial Science (1 year) degree or our MSc in Actuarial Science and Management (2 year) degree may be better for you.
If your first language is not English, we'll need to see evidence of your English language ability. The minimum English language requirement for entry to this programme is IELTS 6.5 (or equivalent) with no score lower than 6.0. TOEFL: 79 (including reading 18, listening 17, speaking 20, and writing 21).
Tuition
GBP
24,176