Actuarial Management - MSc

Heriot-Watt University School of Mathematical and Computer Sciences

Full time & Part time September MSc 1 year full time, up to 2 years part time

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About the course

The MSc in Actuarial Management gives you all the training you need to become an expert in actuarial business management, to be able to judge the right action to take, and to be able to persuade others of your ideas, in order to make the business successful.

The MSc in Actuarial Management is fully accredited with the Institute and Faculty of Actuaries in the UK for subjects: CP1, CP2, CP3, SP2, SP4, SP5, SP6, SP7, SP8 and SP9. In addition, studying subject SP9 leads to the internationally recognised Certified Enterprise Risk Actuary (CERA) qualification. Students also have the opportunity to take courses that provide exemption from earlier subjects, such as CB1, CB2, CM2 or CS2.

Entry Requirements

A minimum of a 2:1 honours degree or non-UK equivalent with substantial actuarial content or non related degree if you have joined profession and sat relevant examinations. Students should have covered much of the syllabus of early Institute and Faculty of Actuaries subjects: CM1, CM2, CS1, CS2, CB1 and CB2.

If you have not passed most or all of the early actuarial Institute and Faculty of Actuaries subjects then our MSc in Actuarial Science (1 year) degree or our MSc in Actuarial Science and Management (2 year) degree may be better for you.

Please see website for more details.

Fees

Please see the university website for further information on fees for this course.

Where will I study?

Heriot-Watt University

Heriot-Watt University is a world-leading institution with strong links to international industry driven by our research and innovation in STEM, business and design. With a rich heritage stretching back to 1821, we are a truly global university bringing together scholars and subject matter experts to offer a wide range of Masters courses across full time, part time and online study models. We’re in the top 13% of universities in Europe (QS Europe Rankings 2026), and students at Heriot-Watt have access to pioneering research and teaching, with almost 90% of the university’s research output ranked as world-leading and internationally excellent (Research Excellence Framework 2021). Heriot-Watt is 1st in Scotland and 2nd in the UK for positive graduate outcomes in the 2024 Graduate Outcomes survey. Plus, Heriot-Watt produces the highest percentage of CEOs and Managing Directors in Scotland (Novuna 2025). This is thanks to career-focused degrees and lifetime support from our award-winning careers team.