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Different course options

Full time | Edinburgh Campus | 1 year | SEP

Study mode

Full time


1 year

Start date


Key information

Qualification type

MSc - Master of Science

Subject areas

Actuarial Science

Course type


Course Summary


This MSc has been designed as the perfect starting point to a career as an actuary, preparing you for a leading role managing risk in financial institutions worldwide. Many of our staff are qualified actuaries that have worked for some of the biggest names in the Actuarial world; You will be able to benefit from their extensive business knowledge, many years of experience working in industry and their research expertise.

The course offers hands-on experience solving real-life financial problems through interactive lectures, tutorials and practical coursework. What’s more, our close links to industry means you’ll have the chance of a summer placement within Edinburgh's financial sector.

Course length

The MSc Actuarial Science course lasts one year. It covers six subjects from the professional syllabus: CB1,CB2,CM1.CM2,CS1, CS2. It is examined over two semesters, followed by a three month summer project. A nine month Postgraduate Diploma can be studied for the same six subjects. You can also study part-time over a maximum of four years (The diploma and the part-time option are only available to students who don’t need a visa to study in the UK).


Our MSc in Actuarial Science has been fully Accredited by the Institute and Faculty of Actuaries (IFOA), for subjects CS1 and 2, CM1 and 2 and CB1 and 2.


Career prospects and salaries are excellent for graduates of our specialist actuarial science programmes – 93% of recent graduates have secured employment or gone onto further study within six months of graduating. Of those employed, 96% are in professional-level jobs.

Recent students have gone on to work for industry-leading organisations including Standard Life Aberdeen, Lloyds Banking Group, Deloitte, KPMG, PwC, Prudential, Royal London and many more.


This module carry out a sustained and intensive piece of independent work on topics in actuarial management and to write a substantial report or reports that communicates the results of this work to others interested in actuarial mathematics and practise.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)


International fees
Course fees for EU and international students

For this course (per year)


Entry requirements

The programme is primarily intended for graduates with a strong mathematical background. Our normal minimum entry requirement is the equivalent of a UK 2.1 degree in mathematics, statistics or a related discipline with a high mathematics or statistics content. We are also looking for students who are keen to join the actuarial profession, have a willingness to work hard and a drive to succeed.

University information

Heriot-Watt University has a 200-year history, and over that time has cultivated an outstanding reputation for its quality of teaching and research. Despite being one of the oldest learning institutions in the UK, it offers a contemporary, research-driven approach to learning that ensures students are always benefiting from the very latest in global knowledge. The university is primarily based in Edinburgh, although courses are also...more