Master of Science [M.Sc] (Actuarial Science)
STEM Course
1 year
Full Time
On Campus
Field of Study:
$29,295 /Yr
£21,700 /Yr
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $29295 (GBP 21700) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $26649 (GBP 19740) |
| 2023 | $26649 (GBP 19740) |
| 2022 | $33311 (GBP 24675) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For October 2025 Intake | |
- Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries quantify the probability and manage the risk of future events in areas such as insurance, healthcare, pensions, investment, and banking and also in non-financial areas.
- This course is taught by the Department of Mathematical Sciences and is intended for students with a first degree in mathematics, statistics, economics or finance who would like to acquire knowledge in actuarial science.
- Our MSc Actuarial Science course is based on the syllabus of the majority of the core subjects of the Institute and Faculty of Actuaries, so you’ll cover subjects as part of your course CB1 (Business Finance) depending on the optional module selected, CM2 (Financial Engineering and Loss Reserving) and CS2 (Risk Modelling and Survival Analysis). This focus on up-to-date research findings in actuarial methodologies and actuarial applications means that you gain a solid training in actuarial modelling and actuarial analysis.
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Eligibility & Entry Requirement
Academic Eligibility:
University will consider applicants with a 2:2 degree in one of the following subjects:
- Mathematics,
- Statistics
- Operational research
- Computer Science
- Applied Mathematics
- Pure Mathematics
- Biostatistics
- Economic Statistics
- Statistics
- Economics
OR
A 2.2 degree in any subject which includes:
One module in:
- Calculus
- Maths
- Engineering Maths
- Advanced Maths
And one module in
- Statistics or Probability
- Maths
- Engineering Maths
- Advanced Maths
And one additional relevant module, from
- Algebra
- Analysis
- Programming language (R, Matlab or Python)
- A second module in Probability or Statistics
- Numerical Methods
- Complex Numbers
- Differential Equations
- Optimisation (Linear Programming)
- Regression
- Stochastic Process
- Maths
- Engineering Maths
- Advanced Maths
Indian Student Eligibility:
Applicants must have a bachelor’s degree with 55% in one of the following:
- Mathematics,
- Statistics
- Operational research
- Computer Science
- Applied Mathematics
- Pure Mathematics
- Biostatistics
- Economic Statistics
- Statistics
- Economics
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.
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Key Resources for Your Study Abroad Journey
Course Guides
1 Year Masters Programs in UK for International Students in 2025
Masters in UK: Top Universities, Admission Requirements, Tuition Fees, and Scholarships
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Prodigy Finance-GyanDhan Scholarship | Scholarship per student$ 3,375/Yr$2,500 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,700/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| ASID Foundation Legacy Scholarships | Scholarship per student$ 5,400/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Leo Murray Entrepreneurship Scholarship | Scholarship per student$ 18,900/Yr$14,000 | Level Of StudyMaster | TypeCollege-Specific | |
| Saltire Scholarships | Scholarship per student$ 10,800/Yr$8,000 | Level Of StudyMaster | TypeMerit-Based | |
| Gyandhan Scholarship | Scholarship per student$ 1,629/Yr$1,207 | Level Of StudyMaster | TypeMerit-Based |
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