Actuaries evaluate and manage financial risk. You'll be able to make financial sense of the future by applying advanced mathematical and statistical techniques to solve complex financial problems. This sets you up for success in a range of industries.
Qualifying as an actuary is a passport to a wide variety of careers in insurance companies, investments, pensions, health care and banking – not just in the UK, but throughout the world.
The MSc is available as a full-time (one-year) programme and is suitable for those who have completed a first degree or postgraduate diploma in Actuarial Science, or our MSc in Actuarial Science, or those who have studied the majority of the earlier subjects in the Core Principles Stage.
Accreditation
Students who achieve a high enough overall mark in our programmes can obtain exemptions from the professional examinations included within their studies.
Depending on the modules chosen, MSc in Applied Actuarial Science students may be eligible for exemptions from CP1, CP2, CP3, SP2, SP5, SP7, SP8 and SP9 of the Institute and Faculty of Actuaries.
A good first degree in Actuarial Science, or a degree that covers all or most of the Core Principles Stage subjects of the Institute and Faculty of Actuaries’ examinations. We may also accept applicants who have a good first degree in another subject and who have passed most of the Core Principles Stage subjects.
For fees and funding options, please visit website to find out more.
Please visit website to search our scholarships finder for possible funding opportunities.
The UK Actuarial Profession is small, but influential and well rewarded. There are more than 6,500 actuaries currently employed in the UK, the majority of whom work in insurance companies and consultancy practices.
Survey results published by the Institute and Faculty of Actuaries suggest that the average basic salary for a student actuary is £36,842 with pay and bonuses increasingly sharply as you become more experienced. The average basic salary of a Chief Actuary is £209,292.
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