University of Strathclyde

University of Strathclyde

Actuarial Science

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.

Entry requirements

MSc: Minimum second class honours degree or international equivalent in: engineering; 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.? This MSc requires some prior mathematical knowledge for example: - A level or equivalent or undergraduate classes in: Calculus; Linear Algebra; Differential equations; Probability; Statistics You must have an English language minimum score of IELTS 6.0 (with no component below 5.5). Postgraduate Diploma - PgDip: Minimum second class honours degree or international equivalent in: engineering; 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.? This MSc requires some prior mathematical knowledge for example: - A level or equivalent or undergraduate classes in: Calculus; Linear Algebra; Differential equations; Probability; Statistics You must have an English language minimum score of IELTS 6.0 (with no component below 5.5).

Course modules

MSc: Principles of Finance; Foundations of Probability & Statistics; Inference & regression Modelling; Fundamentals of Macroeconomics; Fundamentals of Microeconomics; Behavioral 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. Postgraduate Diploma - PgDip: Principles of Finance; Foundations of Probability & Statistics; Inference & regression Modelling; Fundamentals of Macroeconomics; Fundamentals of Microeconomics; Behavioral Finance; Security Analysis; Portfolio Theory & Management; Risk Management for Banks; Financial Econometrics; Financial Stochastic Processes; Quantitative Risk Analysis; Quantitative Business Analysis; Risk Analysis & Management

Assessment methods

The form of assessment varies from class to class. For most classes the assessment involves both coursework and examinations.

Qualifications

Qualification Study mode Start month Fee Course duration
MSc Full-time September 2019 22,750 per Year 1 (International) 12 Months
MSc Full-time September 2019 13,000 per Year 1 (Home/EU) 12 Months
Postgraduate Diploma - PgDip Full-time September 2019 22,750 per Year 1 (International) 9 Months
Postgraduate Diploma - PgDip Full-time September 2019 13,000 per Year 1 (Home/EU) 9 Months
Postgraduate Certificate - PgCert Full-time September 2019 22,750 per Year 1 (International) 6 Months
Postgraduate Certificate - PgCert Full-time September 2019 13,000 per Year 1 (Home/EU) 6 Months

Campus details

Campus name Town Postcode Region Main campus Campus Partner
University of Strathclyde G1 1XQ Scotland

Get in touch

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Key information

Contact: 
Postgraduate Admissions - Faculty of Science
Telephone number: 
01415483623