Actuarial Science MSc
University of Strathclyde
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Qualification

MSc - Master of Science

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Location

John Anderson Campus

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Study mode

Full Time

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Start date

SEP-25

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Duration

1 Year

Course info

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Qualification

MSc - Master of Science

Location

John Anderson Campus

Study mode

Full Time

Start date

SEP-25

Duration

1 Year

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Accounting & Finance
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Course info

The MSc in Actuarial Science at Strathclyde has been developed to give students wishing to move into the actuarial profession a strong foundation in the statistical concepts, models and techniques 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 with a strong ...Read more

The MSc in Actuarial Science at Strathclyde has been developed to give students wishing to move into the actuarial profession a strong foundation in the statistical concepts, models and techniques 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 with a strong aptitude for mathematics and statistics, but who have not studied these topics in detail in their undergraduate degree, can gain the necessary skills to move into the financial industry. It's intended as a conversion course, teaching material in statistics, economics and finance. It does not currently include specialist actuarial mathematics content (which will be studied in the actuarial professional examinations).

Our Actuarial Science Masters produces graduates well equipped to apply for trainee actuary positions. Students reaching a sufficiently high level in core classes will be eligible for exemption from two of the professional examinations of the IFoA, namely CS1 and CB2.

Accreditation:
Accredited by the Institute and Faculty of Actuaries (IFoA)
Accreditation By Subject Agreement for IFoA subjects CS1 and CB2.

Careers:
A career as an actuary is a desirable one and is often referred to as one of the best professions to work in. There are many reasons for this including salary, job security and satisfaction (Actuarial Salaries & Benefits 2023 – Hays).

The increasing accessibility of healthcare and changes to insurance regulation are driving high demand for actuaries and, once qualified, actuaries are able to work anywhere in the world.

Graduates of this course wishing to pursue a career as an actuary will typically work at an insurance company or at a consultancy.

Most graduates enter the profession by joining a company as an actuarial trainee or risk analyst at the same time as studying for professional exams.

Most trainees begin their careers in the financial services industry, particularly in the traditional employment areas of insurance and pensions.

Key stats

WUSCA ranking:
WUSCA student ranking
These are the 2024 rankings, based on ratings given by past and current students.
13/101
CUG Subject Ranking
CUG Subject Ranking
Source: Complete University Guide 2025
10th
CUG Ranking
CUG Ranking
Source: Complete University Guide 2025
32nd
What students say
FP
FENG PEI
12 Nov 24

Good..Read more

M
Margret
15 Oct 24

Good..Read more

Modules

Modules (Year 1)
IDP Connect

Entry requirements

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.
Some prior mathematical knowledge is required, for example:

A level or equivalent or undergraduate classes in:
Calculus
Linear Algebra
Differential equations
Probability
Statistics

Tuition fees

Students living in

Domestic

£19,100 per year

This information is updated by IDP Connect, or in some cases the institution directly.
Please note: The fees might vary so please make sure you contact the institution for up to date information.

Students from Domestic

This is the fee you pay if the University is in the same country that you live in (England, Scotland, Wales, Northern Ireland)

Cost of living (University provided accommodation) - £ 310 Per week

£19,100 per year

This information is updated by IDP Connect, or in some cases the institution directly.
Please note: The fees might vary so please make sure you contact the institution for up to date information.

Students from England

Cost of living (University provided accommodation) - £ 310 Per week

£19,100 per year

This information is updated by IDP Connect, or in some cases the institution directly.
Please note: The fees might vary so please make sure you contact the institution for up to date information.

Students from Scotland

Cost of living (University provided accommodation) - £ 310 Per week

£19,100 per year

This information is updated by IDP Connect, or in some cases the institution directly.
Please note: The fees might vary so please make sure you contact the institution for up to date information.

Students from Wales

Cost of living (University provided accommodation) - £ 310 Per week

£19,100 per year

This information is updated by IDP Connect, or in some cases the institution directly.
Please note: The fees might vary so please make sure you contact the institution for up to date information.

Students from Northern Ireland

Cost of living (University provided accommodation) - £ 310 Per week

£30,250 per year

This information is updated by IDP Connect, or in some cases the institution directly.
Please note: The fees might vary so please make sure you contact the institution for up to date information.

Students from EU

The amount you'll pay if you come to study here from somewhere in the EU.

Cost of living (University provided accommodation) - £ 310 Per week

£30,250 per year

This information is updated by IDP Connect, or in some cases the institution directly.
Please note: The fees might vary so please make sure you contact the institution for up to date information.

Students from International

The amount you'll pay if you come to study here from a country outside the EU.

Cost of living (University provided accommodation) - £ 310 Per week

IDP Connect

Latest reviews

Latest Actuarial Science reviews

Actuarial Science
Actuarial Science
FP
FENG PEI
12 Nov 24
Actuarial Science MSc
Good...
Read more
M
Margret
15 Oct 24
Actuarial Science MSc
Good...
Read more
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Uni info

University of Strathclyde
University of Strathclyde , Glasgow

The University of Strathclyde is a leading international technological university which offers a diverse range of postgraduate...

Student rating
( 4.4) View reviews
CUG ranking
32nd
University of Strathclyde
16 Richmond Street Glasgow G1 1XQ United Kingdom
Nearest train station: High Street Glasgow  0.1 miles away
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