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

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Different course options
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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

2 years

Course info

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Qualification

MSc - Master of Science

Location

Edinburgh Campus

Study mode

Full Time

Start date

SEP-25

Duration

2 Years

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Qualification

MSc - Master of Science

Location

Edinburgh Campus

Study mode

Full Time

Start date

SEP-25

Duration

2 years

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Qualification

MSc - Master of Science

Location

Edinburgh Campus

Study mode

Part Time

Start date

SEP-25

Duration

2 years

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Accounting & Finance
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Course info

If you aspire to become an actuary, our MSc in Actuarial Science and Management takes you through the required exams almost to the point of qualification with the Institute and Faculty of Actuaries (IFoA) in the UK. Your journey spans two enriching years. In the first year, youll immerse yourself in mathematical subjects, building a strong foundation. In the second year, youll apply these mathematical principles to real-world situations. Moreover, during this stage, youll have the opportunity ...Read more

If you aspire to become an actuary, our MSc in Actuarial Science and Management takes you through the required exams almost to the point of qualification with the Institute and Faculty of Actuaries (IFoA) in the UK.

Your journey spans two enriching years. In the first year, you'll immerse yourself in mathematical subjects, building a strong foundation. In the second year, you'll apply these mathematical principles to real-world situations. Moreover, during this stage, you'll have the opportunity to expand your horizons by choosing from a range of modules, including those related to machine learning.

As an aspiring actuary, your expertise will find application in various sectors, including:

  • life insurance
  • general insurance
  • pensions
  • Investment
  • Banking

Your career prospects extend beyond these, encompassing roles in:

  • Fund Management Companies
  • Hedge Funds
  • Consultancies
  • Software Vendors
  • Regulatory Authorities.

What makes this career truly enjoyable is the consistent use of your mathematical prowess to solve complex problems and make insightful predictions about the future. Your journey towards becoming a qualified actuary is not only intellectually stimulating but also professionally rewarding, offering you a world of opportunity upon graduating.

Tailored for success as an Actuary

This programme has been uniquely designed to offer a blend of technical mastery, business acumen, and communication skills essential for a successful actuarial career.

Developed in collaboration with industry leaders, it ensures the acquisition of sought-after skills, setting you apart in interviews and excelling in real-world tasks.

Gain a competitive edge with an intensified focus on software tools like Excel and R, and experience enriched learning through 'value-added' components, emphasizing teamwork and communication.

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.

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
22nd
CUG Ranking
CUG Ranking
Source: Complete University Guide 2025
42nd
What students say
K
Krish
28 Jan 25

The campus is beautiful. Student union is very engaging and over 60+ societies make sure that something is going on throughout the year. The halls and accommodation is good..Read more

XL
Xue Liang
28 Jan 25

Good..Read more

Modules

Modules (Year 1)
Modules (Year 2)
IDP Connect

Entry requirements

The programme is primarily intended for graduates with a strong mathematical/logical background. Our normal minimum entry requirement is the equivalent of a UK 2.1 degree in mathematics or statistics, or a related discipline with a high mathematics or statistics content (such as economics or physics for instance).

The degree is challenging and it is necessary to be able to work hard and to have a strong drive to succeed.

Tuition fees

Students living in

Domestic

£21,520 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)

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

£21,520 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.

£21,520 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 Actuarial Science reviews

Actuarial Science
Actuarial Science
K
Krish
28 Jan 25
MSc Actuarial Management
The campus is beautiful. Student union is very engaging and over 60+ societies make sure that something is going on throughout the year. The halls and accommodation is good...
Read more
XL
Xue Liang
28 Jan 25
MSc Actuarial Management
Good...
Read more
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How Actuarial Science students rated:

Student rating
( 4.3) 63 reviews
5 star
43%
4 stars
48%
3 stars
5%
2 stars
4%
1 star
0%

How all students rated:

Student rating
( 4.2) 1,554 reviews
5 star
36%
4 stars
51%
3 stars
11%
2 stars
2%
1 star
0%
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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
( 4.2) View reviews
CUG ranking
42nd
Heriot-Watt University
Riccarton Edinburgh Edinburgh, City Of EH14 4AS United Kingdom
Nearest train station: Curriehill  0.4 miles away
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