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Different course options

Study mode

Full time

Duration

12 months

Start date

SEP

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Actuarial Science

Course type

Taught

Course Summary

The MSc in Actuarial Science has been developed to produce graduates who can clearly demonstrate an understanding of the mathematical models used in actuarial calculations, their computer implementations, and the financial and economic contexts of these calculations. The programme is an innovative cross-faculty alliance between the Strathclyde Business School and the Faculty of Science.

The course is designed so that students who have a strong aptitude for mathematics and statistics, but who have not studied these topics in detail in their undergraduate degree, can learn the necessary skills to move into the financial industry. Therefore the first semester provides foundation classes in statistics, mathematics, finance and economics that require no previous background in these topics.

Assessment

The form of assessment varies from class to class. For most classes the assessment involves both coursework and examinations.

Careers

Graduates of this course wishing to pursue a career as an actuary will typically work at an insurance company or at a consultancy.

Most graduates enter the profession by joining a company as an actuarial trainee or risk analyst at the same time as studying for professional exams.

Most trainees begin their careers in the financial services industry, particularly in the traditional employment areas of insurance and pensions.

Modules

This is semester 3 module. The assessment will consist of both a written report and a mini-viva.
Bayesian Spatial Statistics

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

14,500

International fees
Course fees for EU and international students

For this course (per year)

14,500

Entry requirements

Minimum second class honours degree or international equivalent in: engineering; science subjects (e.g. physics, chemistry or computing science); business subjects (e.g. business studies, accounting or economics). Prospective students with relevant experience or appropriate professional qualifications are also welcome to apply. For Australia and Canada, normal degrees in relevant disciplines are accepted. This MSc requires some prior mathematical knowledge for example: A level or equivalent or undergraduate classes in: Calculus; Linear Algebra; Differential equations; Probability; Statistics.

University information

The University of Strathclyde is a first-rate institution, offering a diverse variety of postgraduate course options and fostering an inclusive university community, welcoming students from around the globe and from all types of backgrounds. Strathclyde is a research-oriented university, delivering a transformative learning experience. It invests intelligently in campus facilities to provide a superb environment in which to study and...more

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