City, University of London

Course Introduction

This course covers material relating to the second and third stages of the professional examinations of the Institute and Faculty of Actuaries, namely the Core Application subjects and Specialist Technical subjects. Taking this course at Cass means you are studying in the first institution in the UK to have both undergraduate and postgraduate programmes fully accredited by the UK Institute and Faculty of Actuaries. In this course you will learn to Demonstrate knowledge and understanding of the main areas of actuarial practice; Demonstrate knowledge and understanding of the general commercial environment; Demonstrate knowledge and understanding of how to monitor measure and manage risk effectively; Apply actuarial, statistical and related methods to assess and manage risk; Communicate effectively with non-specialists in the area; Display the professional integrity, conduct and responsibility required by the actuarial profession. Career pathways for graduates in MSc in Actuarial Management are typically in actuarial roles. The type of employers varies, including consultancies (e.g. Deloitte, Ernst & Young, KPMG, PWC), insurance companies (Aviva, Allianz, Prudential, RSA, PICC), brokers (Guy Carpenter, Willis, AON Benfield), banks (HSBC, Lloyd?s, UBS) and supervisory authorities / central banks (Financial Services Authority, Central Bank of Malaysia).

Duration & Attendance Qualification Tuition fees Fee type
1 year
Full Time
MSc £20,000 Home Fees
1 year
Full Time
MSc £20,000 European Fees
1 year
Full Time
MSc £20,000 Overseas Fees
2 years
Part Time
MSc £10,000 Home Fees
2 years
Part Time
MSc £10,000 European Fees
2 years
Part Time
MSc £10,000 Overseas Fees

Qualifications required:

  • Domestic entry requirements: A UK upper second class degree or above, or the equivalent, and/or a Masters Degree/Postgraduate Diploma (from a UK university or equivalent) in a related subject and already covered the fundamentals of actuarial science at university degree or professional level.
  • International entry requirements: The required IELTS level is an average of 7.0 with a minimum of 6.5 in the writing section and no less than 6.0 in any other section.
  • IELTS score: 7