MSc Actuarial Science in Glasgow United Kingdom | University of Strathclyde

University of Strathclyde | Glasgow United Kingdom
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Qualification
Masters Degree (Taught)
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
GBP 30,250
(c. USD40,362.58)
Attendance
Full-time
Full-time Duration
12 months

The Master of Science in Actuarial Science at Strathclyde University equips aspiring actuaries with comprehensive training in statistical methodologies, computational applications, and financial frameworks essential for actuarial work. This unique interdisciplinary program bridges Strathclyde Business School and the Faculty of Science, specifically designed for mathematically inclined students seeking to transition into finance, even without extensive prior study in these areas. Serving as a conversion program, it covers fundamental statistics, economics, and finance principles while preparing students for subsequent professional actuarial mathematics examinations.Exceptional performance in core modules may qualify graduates for exemptions from two IFoA professional exams: CS1 and CB2.Program Recognition:
Recognized by the Institute and Faculty of Actuaries (IFoA)
Subject-specific accreditation for IFoA examinations CS1 and CB2.Professional Prospects:
Actuarial careers consistently rank among the most rewarding professions, offering competitive compensation, stability, and fulfillment (Actuarial Salaries & Benefits 2023 – Hays).Growing healthcare needs and evolving insurance standards are creating global opportunities for qualified actuaries.Program alumni typically launch their careers in insurance firms or consultancies, often beginning as actuarial trainees or risk analysts while completing professional certifications.Most entry-level positions are found within financial services, particularly in insurance and pension sectors.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 6.0

Qualification Requirements

Academic requirements
Minimum second-class honours degree or international equivalent in-
engineering
science subjects (eg physics, chemistry or computing science)
business subjects (eg business studies, accounting or economics)
Prospective students with relevant experience or appropriate professional qualifications are also welcome to apply.

For Australia and Canada, normal degrees in relevant disciplines are accepted.

Mathematical knowledge
Some prior mathematical knowledge is required, for example-

A level or equivalent or undergraduate classes in:
Calculus
Linear Algebra
Differential equations
Probability
Statistics
If possible, please provide evidence of this in your application (eg transcript, certificate, etc)

IELTS - 6.0 overall (no individual band less than 5.5)
TOEFL ibt - 73 overall, with the following minimum scores in each component- (Listening- 17 Reading- 18 Speaking- 20 Writing- 18)

Tuition GBP 30,250

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