University of Manchester

University of Manchester

Mathematics in Actuarial Science

Actuarial science is an umbrella term for the broad set of scientific tools that are used to analyse and model in an insurance context. In particular probability and statistics play key roles in this field. The last few decades have seen some significant changes to the field, with an increasing adaptation of advanced modelling techniques, in particular related to valuation techniques that originated in the field of mathematical finance. This has redefined some of the core concepts in actuarial science and makes it an even more active area of academic research

Entry requirements

Applicants would usually be expected to have a 1st or Upper 2nd class Bachelor Honours Degree and an MSc degree with Merit or Distinction or a 1st class MMath (or an equivalent overseas qualification) in a mathematical subject. In some research areas a background in physics, engineering or computer science is also acceptable.
All applicants for postgraduate study should have a very good command of written and spoken English. Students whose first language is not English require a minimum score of IELTS 6.5 with at least 6.0 in writing and 5.5 in each other component or equivalent. Students should normally have a minimum of IELTS 5.0 or equivalent prior to application. International students will be required to apply for an ATAS clearance certificate for this course.

Qualifications

Qualification Study mode Start month Fee Course duration
PhD Full-time September 2016 GBP 4,121 per Year 1 (England) 36 months
PhD Full-time September 2016 GBP 20,000 per Year 1 (International) 36 months
PhD Full-time September 2016 GBP 4,121 per Year 1 (Northern Ireland) 36 months
PhD Full-time September 2016 GBP 4,121 per Year 1 (Scotland) 36 months
PhD Full-time September 2016 GBP 4,121 per Year 1 (Wales) 36 months

Campus details

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Key information

Contact: 
Maths Research
Telephone number: 
0161 275 4740