MSc Actuarial Management with Data Science
Heriot-Watt University
Student rating
This is the overall rating calculated by averaging all live reviews for this uni on Whatuni.
( 4.1) View reviews

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Qualification

MSc - Master of Science

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Location

Edinburgh 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

Edinburgh Campus

Study mode

Full Time

Start date

SEP-25

Duration

1 Year

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Computer Science
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Scotland
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Course info

Data Science (machine learning) uses computer algorithms to build models of the future.  Our MSc in Actuarial Management with Data Science will enable you to develop the skills to build and apply such models in an actuarial context.  In addition, the degree is fully accredited with the Institute and Faculty of Actuaries in the UK for actuarial subjects: CP1, CP2, CP3, SP2, SP4, SP5, SP6 and SP9.  Studying subject SP9 leads to the internationally recognised Certified Enterprise Risk ...Read more

Data Science (machine learning) uses computer algorithms to build models of the future.  Our MSc in Actuarial Management with Data Science will enable you to develop the skills to build and apply such models in an actuarial context. 

In addition, the degree is fully accredited with the Institute and Faculty of Actuaries in the UK for actuarial subjects: CP1, CP2, CP3, SP2, SP4, SP5, SP6 and SP9.  Studying subject SP9 leads to the internationally recognised Certified Enterprise Risk Actuary (CERA) qualification. 

These subjects cover a variety of areas including life insurance, risk management, investment, derivatives, pensions, communication and modelling.  Combining your choice of these with your development in machine learning skills will prepare you well for the modern world.  You choose the combination that works for you.

Completing this degree gets you close to qualification as an actuary, with only one or two exams left to complete after leaving university.  It typically speeds up your qualification by one or two years.

Self-Taught Courses On Enrolment

On enrolment, you will gain access to the following self-taught courses that you can use (if you wish):

  • Introduction To R Programming
  • Introduction To Python Programming (For R Users)
  • Report Writing

In addition, enrolment at Heriot-Watt University gives you free access to LinkedIn Learning which contains thousands of online courses covering a wide range of subject areas.

Studying in Edinburgh

Edinburgh is a wonderful city close to the sea in Scotland in the United Kingdom.  Heriot-Watt Edinburgh campus is established just to the west of the city in a beautiful green space.  Transport links into the city centre are regular and travel by bus takes thirty minutes – and so you can choose the mix of city and campus life that you like best. 

Edinburgh is the financial heart of Scotland and many such companies are based there.  It is also a centre of arts and culture, with the famous Edinburgh International Festival taking place in August each year.

It is built on seven hills, and views regularly emerge and surprise as you walk the cobbled streets in the old town, or explore the beautiful sandstone buildings in the new town.  Edinburgh Castle rises high in the centre of Edinburgh and is a big attraction for tourists.

Access to all other cities in the UK is straightforward, with fast travel to London for instance taking only 4 hours.

Delivery type: Full Time, Part Time available

Key stats

WUSCA ranking:
WUSCA student ranking
These are the 2024 rankings, based on ratings given by past and current students.
90/101
CUG Subject Ranking
CUG Subject Ranking
Source: Complete University Guide 2025
42nd
CUG Ranking
CUG Ranking
Source: Complete University Guide 2025
42nd
What students say
DI
DES I NEHA
08 Feb 24

its an amazing university with lushious green everywhere which helps the brain to refresh and concentrate to study well.The professors and all the facilities and..Read more

Y
Yunus
06 Feb 24

It a very good because its has so many students from different parts of the world. I think to improve they need to also be organizing physical orientation for New students..Read more

Modules

Modules (Year 1)
IDP Connect

Entry requirements

Entry requires an excellent Bachelors or Masters degree, and for the student to have studied, and be proficient in, the application of a wide range of the early actuarial material. Broadly speaking, students need to have covered previously much of the syllabus of early Institute and Faculty of Actuaries subjects: CM1, CM2, CS1, CS2, CB1 and CB2.

The degree is challenging but rewarding.  Working hard will get you a suite of exemptions and the ability to perform well in interviews in order to secure your first role in business.

If you have not passed most or all of the early actuarial Institute and Faculty of Actuaries subjects then our MSc in Actuarial Science (1 year) degree or our MSc in Actuarial Science and Management (2 year) degree may be better for you.

Tuition fees

Students living in

Scotland

£12,344 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

£24,176 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.

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

£24,176 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.

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

IDP Connect

Latest reviews

Latest Data Science reviews

Data Science
Data Science
DI
DES I NEHA
08 Feb 24
MSc Data Science
its an amazing university with lushious green everywhere which helps the brain to refresh and concentrate to study well.The professors and all the facilities and...
Read more
Y
Yunus
06 Feb 24
MSc Data Science
It a very good because its has so many students from different parts of the world. I think to improve they need to also be organizing physical orientation for New students...
Read more
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How Data Science students rated:

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( 4.2) 13 reviews
5 star
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4 stars
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( 4.1) 1,328 reviews
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Uni info

Heriot-Watt University
Heriot-Watt University , Edinburgh

Heriot-Watt University has a 200-year history, and over that time has cultivated an outstanding reputation for its quality of teaching...

Student rating
( 4.1) View reviews
CUG ranking
42nd
Heriot-Watt University
Edinburgh Edinburgh EH14 4AS United Kingdom
Nearest train station: Curriehill  0.4 miles away
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