MSc Actuarial Science

The Actuarial Science course is a postgraduate taught programme at the University of Strathclyde. It is designed to equip students with the knowledge and skills needed to pursue a challenging and rewarding career in the actuarial profession. The course includes a major project which counts as a specialist actuarial module plus a project value, making it an ideal choice for individuals looking to develop a deep understanding of actuarial techniques.Course Content: The course combines a rigorous approach to the theory of actuarial science with its practical applications, taught through lectures, practical laboratory sessions, and supervised coursework. The students will learn core actuarial skills such as the mathematics for modelling and valuing cashflows and instruments, the demographic theory for modelling mortality and morbidity, and the mathematical, economic and regulatory aspects of certain UK and international pension funds and insurance companies.Key Modules: Some of the key modules offered in this programme include Life Insurance Mathematics, Techniques of Risk Modelling, Continuous-Time Finance, Operational Risk Management, Stochastic Models in Insurance and Pensions, and Actuarial Risk Modelling.Accreditations: The curriculum of the course is fully accredited by the Institute and Faculty of Actuaries. It offers exemption from the Institute and Faculty of Actuaries’ (IFoA's) professional exams, which significantly enhances career prospects in this field.Future Careers: After completing this course, students can pursue a range of careers. The actuarial profession is a major employment sector for graduates of this programme. Graduates can also find work in areas where the ability to think mathematically and to conduct detailed analyses is valued, including investment banking, risk management, engineering consultancies, and quantitative roles in the public sector.For more information on this course, please visit the official course page.