Home > Study in UK > University of Strathclyde > Master of Science in Actuarial Science
Master of Science in Actuarial Science
University of Strathclyde, UK
GBP 30250
Annual Tuition Fee
Free
Application Fee
12 months
Duration
6
IELTS
73
TOEFL
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 21 Days
Program Format Full-Time
Post-Study Work Visa (PSWV) 
General Admission Requirement
Academic Requirement
- Minimum Level of Education Required: To be accepted for this program, students must have a Bachelor's degree.
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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
30250
Tuition Fee
(GBP)
Free
Application Fee
(GBP)
9207 Per year
Average Cost of Living
(GBP)
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
Exciting News! University of Strathclyde Scholarship Opportunities Are Live! All the programs (PG) have automatic scholarships. Please take a look at the image and sheet for more details. For courses like Business Analysis & Consulting, Marketing, Data Analytics, the scholarship has been increased to 8000.
| Department | Scholarship For PG Students (GBP) | Scholarship For UG Students (GBP) | Link |
| Engineering | 5,000 GBP (Guaranteed) 7,000 - 10,000 (Merit based) | 20% of the annual tution fees (Application Based) | https://www.strath.ac.uk/studywithus/scholarships/engineeringglasgow850internationalmastersscholarshipsseptember2025/ |
| Science | 5,000 GBP (Guaranteed) 7,000 - 8,000 (Application based) | 5000 GBP - 7000 GBP | Offer holders will be emailed a link to the scholarship application form within four weeks of receiving their offer. https://www.strath.ac.uk/studywithus/scholarships/facultyofscienceinternationalexcellenceawardforpostgraduatetaughtmastersstudents/ |
| Humanities | 5,000 GBP - 7,000 GBP (Guaranteed) | 5000 GBP (Guaranteed) | https://www.strath.ac.uk/studywithus/scholarships/humanitiessocialsciencesglasgow850internationalmastersscholarshipsseptember2025/ |
| Business | 6,000 GBP- 8,000 GBP (Guaranteed) 9000 - 12,000 (Application based) | 20% of the annual tution fees (Application Based) | https://www.strath.ac.uk/studywithus/scholarships/sbsdeansexcellencescholarshipforinternationalstudents-september2025/ |
| MBA | 10,000 GBP (Guaranteed) upto 50 % ( Application based) | NA | https://www.strath.ac.uk/studywithus/scholarships/strathclydebusinessschoolmbadeansexcellenceawards/ |
Strathclyde Scholarships announced for September 2025
University of Strathclyde: Glasgow 850 International Masters Scholarships
Scholarships worth £5,000 - £8,000 will be automatically applied to eligible international applicants beginning postgraduate taught courses in September 2025.
This is to celebrate the 850th anniversary of the city of Glasgow, taking place in 2025. With roots going back to 1796 and a student population representing over 180 different nationalities, the University wishes to ensure that our international applicants are supported to join us in a historic year for Glasgow.
Full information on eligibility can be found on the scholarship listings below:
- Faculty of Engineering £5,000
- Humanities & Social Sciences: £5,000 - £7,000
- Faculty of Science £5,000
- Strathclyde Business School £6,000 - £8,000
Other scholarships for September 2025 entry
We also have a number of merit-based scholarships available for those beginning Postgraduate Taught courses. Full details below.
Faculty of Engineering
Dean’s International Excellence Awards
A scholarship award worth £7,000 - £10,000 offered to students demonstrating academic excellence.
Faculty of Science
International Excellence Awards
A scholarship award worth £7,000 - £8,000 offered to students demonstrating academic excellence.
Strathclyde Business School
Dean’s Excellence Award
A scholarship award of £9,000 - £12,000 offered to students demonstrating academic excellence.
EU Scholarships
EU Engagement Scholarships
EU Engagement Scholarships worth £5,000 - £10,000 are available to EU applicants beginning full-time, on-campus postgraduate taught courses in September 2025.
Alumni Scholarships
Strathclyde graduates are eligible for a 15% tuition fee discount on postgraduate taught courses beginning in September 2025. All alumni will be eligible for the discount, including those who have studied at Strathclyde on an exchange or study abroad programme.
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