MSc Actuarial Management with Data Science in Edinburgh United Kingdom | Heriot-Watt University

Heriot-Watt University | Edinburgh United Kingdom
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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

Data Science (including machine learning) employs computational algorithms to create predictive models. Our MSc in Actuarial Management with Data Science equips you with the expertise to develop and implement these models within actuarial practice. This program holds full accreditation from the UK's Institute and Faculty of Actuaries, covering actuarial subjects CP1 through CP3 and SP2 through SP9. The SP9 specialization leads to the globally recognized Certified Enterprise Risk Actuary (CERA) credential. These subjects span critical domains like life insurance, risk analysis, investments, derivatives, pension systems, professional communication, and modeling techniques. By blending these actuarial disciplines with machine learning proficiency, you'll gain comprehensive preparation for contemporary professional demands, with customizable subject combinations to match your career goals. This accelerated program brings you near actuarial qualification, typically leaving just one or two remaining exams post-graduation - potentially shortening your qualification timeline by 12-24 months. Complementary Learning Resources Upon enrollment, you'll receive access to optional self-directed courses: • Fundamentals of R Programming • Python Programming Primer (for R Users) • Professional Report Writing Techniques Additionally, Heriot-Watt University provides complimentary LinkedIn Learning membership, offering thousands of specialized courses across diverse disciplines. Edinburgh Learning Environment Scotland's capital, Edinburgh, combines coastal proximity with urban vitality. Our parkland campus sits west of the city center, with efficient 30-minute bus connections allowing you to balance campus serenity with city excitement. As Scotland's financial hub, Edinburgh hosts numerous financial institutions alongside thriving arts and culture scenes, highlighted by the annual Edinburgh International Festival. The city's dramatic topography - built across seven hills - creates stunning vistas among Old Town's historic cobblestone lanes and New Town's elegant sandstone architecture. Edinburgh Castle dominates the skyline as a major tourist landmark. Excellent transport links include 4-hour rail connections to London and easy access to other UK cities. Program Delivery Options: Available Full-Time or Part-Time


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 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 minimum requirement for English language is IELTS 6.5, we also accept TOEFL (scores of 79 and higher).

Tuition GBP 24,176

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