MSc Actuarial Science and Management 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. USD32,534.37)
Attendance
Full-time
Full-time Duration
24 months

For those aiming to pursue an actuarial career, our MSc in Actuarial Science and Management prepares you for nearly all the necessary Institute and Faculty of Actuaries (IFoA) certification exams in the UK. This two-year program offers a comprehensive learning experience. The initial year focuses on core mathematical disciplines, establishing essential knowledge. The subsequent year involves applying these mathematical concepts to practical scenarios. Additionally, you can broaden your skillset by selecting from various elective modules, such as those covering machine learning applications.As a future actuary, your specialized knowledge will be valuable across multiple industries, including:life insurancegeneral insurancepensionsinvestmentbankingCareer opportunities also extend to positions within:fund management firmshedge fundsconsulting practicessoftware developersregulatory agencies.What makes this profession particularly engaging is the constant application of advanced mathematics to tackle challenging issues and forecast future trends. The path to becoming a certified actuary provides both intellectual fulfillment and excellent career prospects after graduation.Customized for aspiring actuaries This curriculum has been carefully crafted to combine technical expertise, business understanding, and communication abilities crucial for a thriving actuarial profession.Created with input from industry experts, the program equips you with in-demand competencies that enhance your employability and workplace performance.Strengthen your professional profile through concentrated training in software applications including Excel and R, while benefiting from supplementary learning modules that develop collaboration and presentation skills.Complementary Learning Resources Upon RegistrationWhen you enroll, you'll receive access to these optional self-study courses:Fundamentals of R ProgrammingPython Programming Basics (For R Users)Professional Report WritingFurthermore, Heriot-Watt University students enjoy complimentary LinkedIn Learning membership, providing unlimited access to numerous online courses across diverse subject areas.Study options: Available Full-Time or Part-Time


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 6.5

Qualification Requirements

The programme is primarily intended for graduates with a strong mathematical/logical background. Our normal minimum entry requirement is the equivalent of a UK 2.1 degree in mathematics or statistics, or a related discipline with a high mathematics or statistics content (such as economics or physics for instance). The degree is challenging and it is necessary to be able to work hard and to have a strong drive to succeed. 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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