Close icon

Personalise what you see on this page.

Choose from the options below. We'll show you information based on your current location as default.

I'M FROM

  • United States
Please select so we can show the most relevant content.

LIVING IN

  • United States
Please select so we can show the most relevant content.

LOOKING FOR

  • Undergraduate courses
Please select so we can show the most relevant content.
Viewing as a student from United States living in United States interested in Undergraduate courses

Course options

  • Qualification

    MSc - Master of Science

  • Location

    The University of Manchester

  • Study mode

    Full time

  • Start date

    SEP-21

  • Duration

    12 months

Course summary

Course description

The MSc in Actuarial Science provides a strong grounding in the mathematics of actuarial science and addresses both the current and future needs of the industry. The programme was recently established and incorporates all mathematical techniques, in particular from the fields of probability and statistics, a modern actuary could not do without. Our programme offers the following exemptions under the IFoA's new Curriculum 2019: CS1, CS2 (Actuarial Statistics) and CM2 (Actuarial Mathematics). If you are interested in developing a career as an actuary, this programme of study will provide the ideal entry platform into a broad range of employment sectors, such as Insurance, Finance and Risk Management.

Special features

Our MSc Actuarial Science programme

Our MSc Actuarial Science programme was established in 2011 with the aim of providing a thorough training in the mathematical tools and skills an actuary needs. This includes topics such as

  • Markovian models and pricing techniques relevant to life insurance
  • Risk models, ruin theory, risk measures, premium principles and further techniques relevant to general insuranceModern theory of market consistent pricing (mathematical finance), such as the Black and Scholes asset pricing model, the Capital Asset Pricing Model (CAPM), interest rate models, credit risk models, option pricing etc.
  • Risk management techniques
  • Relevant topics from Statistics such as Time Series and their applications, Generalised Linear Models, Survival Analysis etc.
  • Relevant software suites such as R and Excel.

Coursework and assessment

There are two teaching semesters of 12 weeks each and approximately 15 weeks of project work. Assessment for the taught part is by exams and coursework.

Career opportunities

If you are interested in developing a career as an actuary, this programme of study will provide the ideal entry platform into a broad range of employment sectors, such as Insurance, Financial and Risk Management.

Tuition fees

Students living in United States
(international fees)

£ 22,500per 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 of Manchester

  • University League Table

    15th

  • Campus address

    The University of Manchester, Oxford Road, Manchester, Manchester, M13 9PL, England

Subject rankings

  • Subject ranking

    7th out of 105 11

  • Entry standards

    / Max 220
    179 80%

    5th

  • Graduate prospects

    / Max 100
    85 85%

    12th

    41
  • Student satisfaction

    / Max 5
    4.02 80%

    69th

    6

Suggested courses

University of Glasgow
SIMILAR RANKING

Financial Economics MSc

University of Glasgow

Accounting & Finance league table

3
City, University of London
MOST VIEWED

Actuarial Science MSc

City, University of London

University league table

52

Is this page useful?

Yes No

Sorry about that...

HOW CAN WE IMPROVE IT?

SUBMIT

Thanks for your feedback!