City, University of London

Course Introduction

The MSc in Actuarial Science will propel you into the profession. It offers you a firm grounding in the fundamentals of actuarial science in insurance, finance and investment. You?ll undertake a detailed study of the mathematical and statistical techniques for measuring the probability and risk of future events and their financial impact on a business and/or their clients. If you have strong technical ability and an interest in solving business problems, becoming an actuary is one of the most rewarding career choices you can make. Assessment of modules on the MSc in Actuarial Science, in most cases, is by means of coursework and unseen examination. Coursework may comprise computer-based components, unseen tests and problem sets, classwork, individual and group presentations, group reports and standard essays.

Actuaries are experts in risk management. They mainly work for insurance companies, consultancy firms, banks and investment managers in the areas of General Insurance, Health and Care, Investment, Life Insurance, Pensions and Financial Risk Managment. An actuarial career is a global professional passport. The employment opportunities available for those with an actuarial skill set continue to develop and grow, in some cases outside the traditional areas. Our graduates from the MSc in Actuarial Science are well prepared to tackle actuarial and risk analyst, consultancy and underwriting roles in leading firms such as EY, PwC, KPMG, Willis Towers Watson, Munich Re, to name a few, that are as challenging as they are rewarding with starting salaries that far outstrip their peers in other industries.

Duration & Attendance Qualification Tuition fees Fee type
1 year
Full Time
MSc £20,500 Home Fees
1 year
Full Time
MSc £20,500 European Fees
1 year
Full Time
MSc £20,500 Overseas Fees

Qualifications required:

  • Domestic entry requirements: Students need to have a UK upper second class degree or above, or the equivalent from an overseas institution, in a highly quantitative programme such as mathematics or statistics is required to enter this course.
  • 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