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Masters Degree Course

Actuarial Science (MSc)


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Heriot-Watt University
School of Mathematical and Computer Sciences

Cass Business School
MBA and Masters Programmes

University of Leicester
Department of Mathematics

University College Dublin
School of Mathematical Sciences

University of Lisbon
ISEG School of Economics and Management

Cass Business School
MBA and Masters Programmes
1 year
A 2:1 Honours degree in a related subject; if University degree not taught in English: Cambridge Certificate of Proficiency in English grade C or TOEFL 600 (paper)/250 (computer) or IELTS 7
MSc £16,000, Part-time £8,000 per annum
September
MSc
Eva Matiaskova
Masters study type: Full time Masters study type: Part time

This course has been designed in response to the new climate of actuarial education
and to reflect the changing skills expected from actuaries in the fields of life and nonlife
insurance, pensions, investment and finance. It is accredited by the Actuarial Profession (the Institute and Faculty of Actuaries in the UK).

The course is aimed at highly numerate students who wish to pursue actuarial careers in insurance, finance, consultancy and related areas. An actuary is a professional who applies mathematical
and statistical techniques to financial problems. This fast-track study route allows students to gain professional qualifications before embarking upon their career.

This course is also aimed at actuarial trainees and associates. The part-time option allows students to study one day a week – thus benefiting from a dedicated learning environment whilst remaining in employment. Up to eight exemptions can be gained from the current system of
professional examinations of the Institute and Faculty of Actuaries, which is just over half of the examinations required for Fellowship, thereby saving several years of study.

Your routes to business success
The actuarial profession is a small but highly respected body, whose members are among the highest paid in the UK. Cass graduates work for a variety of employers, including insurance companies, investment and retail banks, actuarial consultancies, plus government and non government organisations.

Full-time
Term I
• Financial Mathematics (CT1)
• Finance and Financial Reporting (CT2)
• Probability and Mathematical Statistics (CT3)
• Economics (CT7)
Term II
• Modelling (CT4)
• Contingencies (CT5)
• Statistical Methods (CT6)
• Financial Economics (CT8)
• Research Project Skills (core for 1/2 module) (CT1)
Term III
• Business Research Project and two electives*
Or
• Five electives*

Visit the Actuarial Science (MSc) page on the Cass Business School web site for more details!


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