program detail

Home > Study in UK > University of Strathclyde > Master of Science in Actuarial Science

Master of Science in Actuarial Science

University of Strathclyde University of Strathclyde, UK

Intake Sep 2023

work permit PG Work Permit

Application icon

GBP 24850

Tuition Fee (GBP)

Application icon

 Free

Application Fee

Duration icon

12 months

Duration

Duration icon

6

IELTS

Duration icon

73

TOEFL

Duration icon

55%

Min GPA

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.

Accreditation

  • 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

Additional Information

Program Level Master's Degree

College/University Processing Time 30

Program Intensity Full-Time

Work Permit work permit PGWP

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 With no band less than 5.5
    73 TOEFL Score Minimum Overall Score
    60 PTE Score Minimum Overall Score
    55% CGPA Minimum Overall Score

    All Programs