MSc in Actuarial Science

PROGRAMME AT A GLANCE

Fees : £14,105
(All fees exclude VAT)
Fees must be paid directly to the University of Leicester.

Duration : 3 years

Accreditation: IFoA

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Mode of study : Distance Learning

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Application Deadline

30 April 2018

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About the Programme


  • Actuaries are problem solvers, they are business analysts, they are financial risk assessors, they are consultants, they are all these rolled into one as well!

  • To become a fully qualified actuary, an individual must sit 16 IFoA exams. During this course the first 8 core technical elements will be covered, which would usually take 5-6 years in the field. Once a student has completed the full MSc they are only one exam away from become a Certified Actuarial Analyst.

  • In the first year you will complete four modules that allows you to exit with a PGCert; upon completion of 8 modules / 2 years you will qualify for a PGDip. In the final year you are expected to work on a dissertation and upon successful completion you will earn the full Masters Degree.

Benefits


  • With this course you are equipped with mathematical and statistical knowledge alongside problem solving skills that will prepare you for direct entry into the profession and a lucrative and successful career.

  • With an understanding of how to apply the knowledge and skills gained from the course such as risk analysis and problem solving to the real world; you would be confident to present your findings to a professional audience using the fundamental techniques required by an actuary.

  • The course gives you an opportunity to apply for a full fellowship at the Institute and Faculties of Actuaries (IFoA) upon completing the first stage of the examinations.

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Entry Requirements


  • An Undergraduate Degree from an approved Institution and equivalent to a UK Honours Degree

    • Ideally this should be in maths, statistics or physics as you would need a solid grounding in maths including calculus, linear algebra, differential equations, probability and statistics.

  • Graduates from other subjects will be considered on an individual basis and may be asked to complete an entrance exam to enrol onto the course.

  • English language proficiency – an IELTS Test of 6.0 OR The University of Leicester English Language Test which takes only 90 minutes and is available on demand

Career Path


  • With this degree you have the skills to secure a lucrative position in the insurance industry, the world of pensions, health care and banking sectors, as well as secure posts in business and financial risk assessment positions in the private sector.


Progression


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Please Note: due to regular enhancements of the University’s courses, please refer to Leicester’s own website (www.le.ac.uk) and/or Terms and Conditions (http://www2.le.ac.uk/legal) for the most accurate and up-to-date course information. We recommend that you familiarise yourself with this information prior to submitting an application.