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.

Study Details:

MSc 12 months full-time, PgDip 9 months full-time, PgCert 6 months full-time

Module Details:

Principles of Finance; Foundations of Probability & Statistics; Inference & regression Modelling; Fundamentals of Macroeconomics; Fundamentals of Microeconomics; Behavioural Finance; Security Analysis; Portfolio Theory & Management; Risk Management for Banks; Financial Econometrics; Financial Stochastic Processes; Quantitative Risk Analysis; Quantitative Business Analysis; Risk Analysis & Management; Actuarial Science Summer Project.

Programme Funding

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Entry Requirements

Minimum second class honours degree or international equivalent in:

science subjects (eg physics, chemistry or computing science)
business subjects (eg 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.

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