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Students
Tuition Fee
GBP 20,400
Per course
Start Date
Medium of studying
On campus
Duration
12 months
Program Facts
Program Details
Degree
Masters
Major
Building Technology
Area of study
Business and Administration | Natural Science
Education type
On campus
Timing
Full time
Course Language
English
Tuition Fee
Average International Tuition Fee
GBP 20,400
Intakes
Program start dateApplication deadline
2023-09-012023-08-01
2024-09-01-
About Program

Program Overview


Overview

This MSc has been designed as the perfect starting point to a career as an actuary, preparing you for a leading role managing risk in financial institutions worldwide. Many of our staff are qualified actuaries that have worked for some of the biggest names in the Actuarial world; You will be able to benefit from their extensive business knowledge, many years of experience working in industry and their research expertise.

The course offers hands-on experience solving real-life financial problems through interactive lectures, tutorials and practical coursework. What’s more, our close links to industry means you’ll have the chance of a summer placement within Edinburgh's financial sector.

Course length

The MSc Actuarial Science course lasts one year. It covers six subjects from the professional syllabus: CB1,CB2,CM1.CM2,CS1, CS2. It is examined over two semesters, followed by a three month summer project. A nine month Postgraduate Diploma can be studied for the same six subjects. You can also study part-time over a maximum of four years (The diploma and the part-time option are only available to students who don’t need a visa to study in the UK).

Accreditation

Our MSc in Actuarial Science has been fully Accredited by the Institute and Faculty of Actuaries (IFOA), for subjects CS1 and 2, CM1 and 2 and CB1 and 2.

Career

Career prospects and salaries are excellent for graduates of our specialist actuarial science programmes – 93% of recent graduates have secured employment or gone onto further study within six months of graduating. Of those employed, 96% are in professional-level jobs.

Recent students have gone on to work for industry-leading organisations including Standard Life Aberdeen, Lloyds Banking Group, Deloitte, KPMG, PwC, Prudential, Royal London and many more.

Program Outline

Modules


Modules

  • Financial Mathematics
  • Finance and Financial Reporting
  • Economics
  • Statistical Methods
  • Life Insurance Maths 1and 2
  • Stochastic Modelling/Survival Models
  • Risk Theory/Time Series Analysis
  • Financial Economics 1 and 2
  • SHOW MORE
    Admission Requirements

    English Language Requirements

    Most courses at Heriot-Watt University have the following minimum language requirements. We advise you always check the exact entry requirements before apply to any course, don't forget we are always on hand to help.


    IELTS ACADEMIC

    6.5

    Student Stories
    Davis Miller
    BEng (Hons) Chemical Engineering
    "Studying abroad in Edinburgh has helped to stimulate my desire to travel and see the world. I also now have a more global perspective on engineering and its impact, which will help me in my future endeavours."
    Camilla Sensi
    MSc Interpreting and Translating
    "I believe the master’s programme has provided me with a solid foundation on which to build my future career. The lecturers gave us practical advice on how to approach the job market and always pointed out job opportunities for us to consider."
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