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We have 77 Masters Degrees in Actuarial Science




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Masters Degrees in Actuarial Science

We have 77 Masters Degrees in Actuarial Science

What is a Masters in Actuarial Science?

  • Masters degrees in Actuarial Science involve advanced study of mathematical and statistical methods to assess financial risk in insurance, finance and other industries.
  • Related postgraduate specialisms include Financial Management, Statistics and Financial Economics.
  • Entry requirements normally include an undergraduate degree in an appropriate subject such as Mathematics, Statistics, Economics or Finance.

Why study a Masters in Actuarial Science?

Develop Skills and Knowledge

Masters degrees allow you to deepen your understanding of a subject and develop new skills. For a Masters in Actuarial Science, this might include:

  • Advanced Actuarial Modelling: Mastery of advanced statistical and mathematical techniques for modelling financial risk, such as stochastic calculus, time series analysis and survival models.
  • Actuarial Software Proficiency: Skills in using industry-standard actuarial software for data analysis, model building and risk assessment.
  • Risk Communication and Consulting: Ability to effectively communicate complex actuarial concepts and analysis to non-technical stakeholders and provide actuarial consulting services.

Further Career Development

Completing a Masters degree could be beneficial for your career development. For some roles, a Masters degree is outright required—for others, it may instead lead to faster career progression or improve your career mobility. For more information, please visit our Masters employability guide.

After completing your Masters in Actuarial Science, a potential career option might be employment as an Actuarial Analyst. According to UK salary data from Glassdoor, an Actuarial Analyst earns an average of £40,013 per year, dependent on factors such as experience, employer and employment location.

Improve Employability

Completing a Masters degree may also improve your employability. According to the UK government's LEO Graduate and Postgraduate Outcomes survey, over 85% of Finance Masters students were in further education or employment three years after graduation.

What do prospective Finance Masters students think about study?

We host the Pulse postgraduate survey to understand the motivations, concerns and expectations of students just like you. For prospective Finance Masters students in 2023:

  • 78% were either positive or very positive about employment after graduation.
  • 71% preferred on campus learning, 16% preferred online/distance learning, and 13% preferred a blended approach.
  • 33% were interested in part-time study.
  • In order of popularity, the top three study motivations were:
    • Career progression
    • Upskilling
    • Higher earnings

If you'd like to make your voice heard, why not complete our survey? Your feedback will help us ensure our site is as helpful as possible for students like you!

Note: This guidance was produced with the assistance of AI. However, all data is derived from reliable, authoratitive sources, and all content has been reviewed by humans.

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