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Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Actuarial Science Finance / Accounting (General)

Course type

Taught

Course Summary

Unfortunately, in response to covid-19, this course will be suspended for the academic year 2020/21. If you have an offer for this course, you’ll receive an email about alternative courses you may want to consider. If you’re a new applicant to the University, you can search for alternative courses starting in the academic year 2020/21.

Our MSc Actuarial Finance will introduce you to essential business topics and enable you to apply your quantitative skills to solve complex business problems, such as risk management, insurance and derivatives. You’ll gain comprehensive knowledge in business areas such as accountancy, corporate finance and economics, as well as key analytical techniques, processes and models that have significant applications in actuarial finance.

The Business School has strong links with the actuarial profession and the insurance and pensions industry, giving you the opportunity to interact with practising actuaries and industry experts.

Learning and teaching

Our tutors come from highly respected professional and academic backgrounds. We use a range of teaching methods so you can benefit from their expertise including lectures, workshops, seminars, computer simulations and tutorials.

In addition to the assessed modules and research dissertation, you benefit from professional training activities and employability workshops.

Independent study is also an important part of the course, allowing you to prepare for taught classes and sharpen your own research and critical thinking skills.

Assessment

Assessment methods emphasise not just knowledge, but essential skills development too. They include formal exams, group projects, reports, computer simulation exercises, essays and written assignments, presentations and reflective logs. This diversity enables you to develop a broad range of skills as preparation for professional life.

Career opportunities

As a graduate of this course you will be able to demonstrate in-depth knowledge of core actuarial principles, and the numerical and analytical skills to succeed in this rapidly changing complex environment.

Graduates have entered successful careers in insurance, pensions, accountancy, risk management and consultancy. Job prospects are wide ranging and include careers as accountants, consultants, scheme and insurance actuaries, and employment in investment banking and risk management.

Different course options

Study mode

Full time

Duration

12 months

Start date

SEP-20

Modules

The module aims to provide students with a grounding in the formal structure of core microeconomic theory to the level required for a move into a research based career or for work in the field as a professional economist. It addresses consumer and producer theory, resource allocation over time and under conditions of uncertainty, and applications to pricing decisions and risk insurance. It explores the formal structure and properties of solutions to constrained optimisation problems, and the principles and uses of duality theory.

Tuition fees

UK fees
Course fees for UK / EU students

Please contact university and ask about this fee

Average for all Postgrad courses (per year)

£5,202

International fees
Course fees for non-UK / EU students

Please contact university and ask about this fee

Average for all Postgrad courses (per year)

£12,227

Entry requirements

Students need a bachelor degree with a 2:1 (hons) in a related subject such as mathematics, statistics, economics or finance. They must have a strong grounding in quantitative subjects with high scores in quantitative modules.