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Actuarial Science MSc

University of Strathclyde

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University of Strathclyde

Course options

  • Qualification

    MSc - Master of Science

  • Location

    John Anderson Campus

  • Study mode

    Full time

  • Start date

    22-SEP-25

  • Duration

    1 Year

Course summary

The MSc in Actuarial Science at Strathclyde has been developed to give students wishing to move into the actuarial profession a strong foundation in the statistical concepts, models and techniques 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 with a strong aptitude for mathematics and statistics, but who have not studied these topics in detail in their undergraduate degree, can gain the necessary skills to move into the financial industry. It's intended as a conversion course, teaching material in statistics, economics and finance. It does not currently include specialist actuarial mathematics content (which will be studied in the actuarial professional examinations).

Our Actuarial Science Masters produces graduates well equipped to apply for trainee actuary positions. Students reaching a sufficiently high level in core classes will be eligible for exemption from two of the professional examinations of the IFoA, namely CS1 and CB2.

Accreditation:
Accredited by the Institute and Faculty of Actuaries (IFoA)
Accreditation By Subject Agreement for IFoA subjects CS1 and CB2.

Careers:
A career as an actuary is a desirable one and is often referred to as one of the best professions to work in. There are many reasons for this including salary, job security and satisfaction (Actuarial Salaries & Benefits 2023 – Hays).

The increasing accessibility of healthcare and changes to insurance regulation are driving high demand for actuaries and, once qualified, actuaries are able to work anywhere in the world.

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.

Tuition fees

Students living in United States
(International fees)

£ 30,250per year

Tuition fees shown are for indicative purposes and may vary. Please check with the institution for most up to date details.

University information

University image

University of Strathclyde

University of Strathclyde

  • University League Table

    32nd

  • Campus address

    University of Strathclyde, McCance Building, 16 Richmond Street, Glasgow, Glasgow, City Of, G1 1XQ, Scotland

VIEW PROFILE
Welcoming almost 30,000 students from over 140 countries, Strathclyde offers a supportive and vibrant university experience for students of all backgrounds.
Strathclyde offers numerous scholarships and funding opportunities to support students in their studies.
It's home to an International Study Centre offering international students the option to complete pre-master's programmes.

Subject rankings

  • Subject ranking

    Accounting & Finance

    10th out of 103

  • Entry standards

    / Max 227
    208 91%

    2nd

  • Graduate prospects

    / Max 100
    85.0 85%

    13th

    1

  • Student satisfaction

    / Max 4
    3.10 78%

    60th

    28

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