MSc in Actuarial Science
- Programme Director
- Dr Kees van Schaik
- Kees.vanSchaik [at] manchester.ac.uk
- +44 (0)161 275 5853
- Admission Officer
- Dr Saralees Nadarajah
- Saralees.Nadarajah [at] manchester.ac.uk
- +44 (0)161 275 5912
Overview
The MSc in Actuarial Science will provide a strong grounding in the mathematics of actuarial science and will address both the current and future needs of the industry. Accredited by the Institute and Faculty of Actuaries, the course will offer exemptions to the following Professions Core Technical exams: CT4, CT6 and CT8 and will be suited to those with a good first degree in mathematics or a degree with substantial mathematical content and some pre-requisite knowledge in probability and statistics.
Course Structure and Content
This is a one-year taught postgraduate programme leading to the degree of MSc by examination and dissertation. The aim of the programme is to offer students a thorough professional training in the mathematics of actuarial science, preparing students to enter all fields of the actuarial profession.
Course content is delivered through eight course units listed below, followed by a Dissertation:
- Actuarial Models
- General Insurance
- Linear Models & non-parametric regression
- Martingales with applications to Finance
- Risk Theory
- Time Series
- Stochastic Modelling in Finance
- Generalised Linear Models and Survival Analysis
Entry Requirements
The entry requirement to the programme is normally an upper second class honours degree in Mathematics/Statistics, a Science degree with a strong quantitative component, a subject with a substantial mathematical content or an equivalent overseas qualification in a mathematical subject. Students enrolling for this programme will also require knowledge of probability and statistics equivalent to second year undergraduate maths degree level.
English language: Students whose first language is not English require a minimum score of IELTS 6.5 with at least 6.0 in writing and 5.5 in each other component.
Other international entry requirements: We accept a range of qualifications from different countries. For these and general requirements including English language see entry requirements from your country.
Fees & Funding
For entry in 2012 to the full-time MSc, the tuition fees are £15,400 per annum for both home/EU and international students. For general fees information, please visit: Postgraduate Fees.
Information regarding scholarships and bursaries is available on the Scholarships webpage.
How to Apply
You can apply online at http://www.manchester.ac.uk/postgraduate/howtoapply/.
Further Information
Please contact the postgraduate admissions team for further information -
pg-maths@manchester.ac.uk.