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MSc Actuarial Science

  • DeadlineStudy Details:

    MSc: 1 year full-time, 2 years part-time

Course Description

An actuary is a business professional who applies mathematics and statistics to assess risk in a wide variety of contexts ranging from insurance and banking to health and government planning. The MSc in Actuarial Science is designed to give graduates from numerate disciplines a grounding in the mathematical and statistical theories needed to become a qualified actuary. You will gain key marketable skills in applying mathematics and statistics to the modelling of actuarial problems. This programme is accredited by the professional body for actuaries in the UK (the Institute and Faculty of Actuaries), and successful graduates will gain exemptions from up to three professional examinations.

WHY ACTUARIAL SCIENCE AT SWANSEA?

  • 2nd in the UK for Graduate Prospects (The Complete University Guide 2023)
  • Top 300 in the World (QS World University Rankings 2023)
  • World-class facilities for mathematical and computational sciences
  • UK Top 15 for Research Quality (The Complete University Guide 2023)
  • 100% of publications are world-leading and internationally excellent – Research Excellence Framework (REF) 2021
  • Swansea university holds a TEF Gold Award, UK Government recognition for teaching excellence

Entry Requirements

A 2:2 Honours degree or equivalent in Mathematics, Computer Science, Engineering, Physics, Economics or other numerate degree with significant mathematical/statistical content. Applicants whose first degree is not Mathematics will be considered on an individual basis taking into account the mathematical content of their first degree.

IELTS 6.0 (with a minimum of 5.5 in each component) or equivalent English test.

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Fees

For fees and funding options, please visit website to find out more.

Programme Funding

We offer a wide range of scholarships and bursaries for both taught and research courses to help you fund your study.

Student Destinations

The career of an actuary is regularly voted among the top three job choices based on intellectual stimulation, impact, and financial reward.

A Swansea MSc graduate with exemption from several IFoA professional examinations and a significant dissertation project has a distinct competitive advantage to begin an actuarial career in insurance, risk management, or investment and finance.  You might start with a role in financial modelling and statistical interpretation then progress steadily toward becoming a technical leader and business manager.

Module Details

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