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Master of Science in Actuarial Science University of Strathclyde University of Strathclyde, UK

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GBP 24850

Annual Tuition Fee

*Subject to change and other fees
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Application Fee

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12 months


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Program Overview

The MSc in Actuarial Science at Strathclyde has been developed to give students wishing to move into the actuarial profession a strong foundation in the statistical concepts, models and techniques used in actuarial calculations, their computer implementations, and the financial and economic contexts of these calculations.

The program is an innovative cross-faculty alliance between the Strathclyde Business School and the Faculty of Science. 

The course is designed so that students with a strong aptitude for mathematics and statistics, but who have not studied these topics in detail in their undergraduate degree, can gain the necessary skills to move into the financial industry. It's intended as a conversion course, teaching material in statistics, economics and finance, and does not currently include specialist actuarial mathematics content (which will be studied in the actuarial professional examinations). It does produce graduates well equipped to apply for trainee actuary positions. Students reaching a sufficiently high level in core classes will be eligible for exemption from two of the professional examinations of the IFoA, namely CS1 and CB2.


  • Accredited by the Institute and Faculty of Actuaries (IFoA)
  • Accreditation By Subject Agreement for IFoA subjects CS1 and CB2

Study with us
Studying an MSc in Actuarial Science at the University of Strathclyde, you'll be learning at a multi-award-winning academic institution. A 5-star QS-rated university, we were awarded Times Higher Education University of the Year 2019.

On this course you'll:

  • Gain a strong foundation for the understanding of actuarial theory and analysis
  • Prepare for a career in the financial services industry with a quantitative and data facing role
  • Learn about the nature and functioning of financial markets and institutions
  • Learn economic theory giving context to the above
Read more

Additional Information

Program Level Master's Degree

College/University Processing Time 10 Days

Program Format Full-Time

Post-Study Work Visa (PSWV) work permit

Program Intake


Sep 2024

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted for this program, students must have a Bachelor's degree.

    6 IELTS Score
    73 TOEFL Score Minimum Overall Score
    55% 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


    Tuition Fee


    Application Fee

    9207 Per year

    Average Cost of Living

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    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.


    This is also a reminder that there is up to 200 scholarships of between £5,000-£7,000 offered by our Faculty of Science for all the below programmes.

    Academic Experienced Required

    Applicants who have an academic background in computer programming, should only be applying for one of our Advanced Level MSc programmes such as some of the programmes that are listed below:

    • Advanced Computer Science, MSc
    • Advanced Computer Science with Artificial Intelligence, MSc
    • Advanced Computer Science with Data Science, MSc
    • Advanced Computer Science with Software Engineering, MSc
    • Cyber Security, MSc

    For applicants who do not have a background in computer science from their bachelor’s degree study, they should be applying for one of our Conversion MSc programmes listed below.  Applicants that have a computer science background that apply for the conversion programmes, will not be considered.

    Conversion – no experience required

    • Artificial Intelligence & Applications, MSc
    • Software Development, MSc

    Applicants should receive the link to apply for the scholarship within their offer letter, where they will be required to complete an additional application form and small scholarship essay.
    The deadline to apply for the scholarship is July 31st 2024. If you have any applicants that have not received the application form within their offer letter, please do let us know and we will ensure they are sent this from the faculty as soon as possible.

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