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Master of Science in Actuarial Science Heriot-Watt University - Edinburgh Campus Heriot-Watt University - Edinburgh Campus, UK

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GBP 24176

Annual Tuition Fee

!
*Subject to change and other fees
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 Free

Application Fee

Duration icon

12 months

Duration

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6.5

IELTS

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85

TOEFL

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60%

Min GPA

Program Overview

Our MSc Actuarial Science provides you with a fast track into the profession by providing up to six exemptions from the exams you must pass to become a fully qualified actuary.

As an actuary, you are an expert in risk management. Most actuaries work in areas like life insurance, pensions, investments, banking and more. With your data science skills, you are in high demand across the world.

Salaries are typically high and the work-life balance excellent. A newly qualified actuary in the UK usually earns between £50,000 and £60,000 each year, with salaries increasing significantly post-certification.

Our MSc takes you through the first six actuarial exams with the Institute and Faculty of Actuaries (IFoA) in the UK, accelerating your journey to becoming an actuarial professional. These examinations enhance your expertise in statistical and financial modelling.

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Additional Information

Program Level Master's Degree

College/University Processing Time 7 Days

Program Format Full-Time

Post-Study Work Visa (PSWV) work permit

Program Intake

Open

Sep 2025

Closed

Sep 2024

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor’s Degree.

    6.5 IELTS Score
    85 TOEFL Score Minimum Overall Score
    68 PTE Score Minimum Overall Score
    60% CGPA Minimum Overall Score

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    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.

    Average Tuition Fee Per Year

    24176

    Tuition Fee
    (GBP)

     Free

    Application Fee
    (GBP)

    9207 Per year

    Average Cost of Living
    (GBP)

    info icon

    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Check program website for more information about funding options.

    Scholarships

    We are pleased to announce that we are offering scholarships on a first-come, first-served basis. Second Round of Scholarship Deadline - 31 March 2025 - Heriot Watt University, UK Campus 

    Flexible Payment Option: Students can opt for partial deposit of £1000 before the deadline and reserve their seat and scholarship for the intake, pay balance deposit of £3000 to obtain the CAS

    English Language Test Results: Students with ELT conditions are encouraged to share their test details for us to update their records

    Please note, these scholarships are strictly on first come first serve basis

    Scholarships

    We currently have limited scholarships available for September 2025 intake strictly on first come first serve basis:

    UG Scholarship Value (2)

    PG Scholarship Value (3)

    £3000

    £2000

    £4000

    £4000

    NA

    £6000

    Please note, the third round of academic scholarship deadline is 15 April 2025. We request you to communicate this information to the prospective students & offer holders who may be interested in the intake.

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