MSc - Master of Science
Actuarial Science Finance / Accounting (General)
This course MSc Actuarial Finance will introduce to essential business topics and enable to apply their quantitative skills to solve complex business problems, such as risk management, insurance and derivatives. Students 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. Students will take compulsory modules in corporate finance and economics allowing to put their work into context and understand the importance of the role played by actuaries. At the same time, student will build their mathematical skills with classes in applied statistics and probability, as well as discrete time finance. Building on this, students will study continuous time finance and gain an understanding of how different stochastic processes and survival models are applied to actuarial science. This will compliment their studies in topics such as accounting, professionalism and ethics, international investment and portfolio risk management. Throughout the year they will build their professional skills with a core module focussing on critical practical skills that will prepare them for the workplace. At the end of the course, they will bring together their business, mathematical and professional knowledge to complete an independent project on a topic of their choice, which will demonstrate their ability to apply the skills they have gained.
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.