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Actuarial Science (MSc)

Course Description

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.

Term I
• Financial Mathematics (CT1)
• Finance and Financial Reporting (CT2)
• Probability and Mathematical Statistics (CT3)
• Economics (CT7)
• Research Methods for Actuarial Professionals

Term II
• Modelling (CT4)
• Contingencies (CT5)
• Statistical Methods (CT6)
• Financial Economics (CT8)

• Term III
• Business Research Project and one elective*
• Five electives*

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

Entry Requirements

A 2:1 Honours degree in a related subject; if University degree not taught in English or if you have studied a 2+2 degree with just two years in the UK you will be required to provide IELTS results and possibly to resit the tests to meet our requirements.The required IELTS level is an average of 7.0 with a minimum of 6.5 in writing.

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