MSc Actuarial Science with Data Analytics

Leicester

 

INTAKE: September

Program Overview

The Master of Science (MSc) in Actuarial Science with Data Analytics at the University of Leicester is a cutting-edge program tailored for individuals aspiring to become skilled actuaries with a strong foundation in data analytics. This program merges the traditional principles of actuarial science with the modern techniques of data analysis, preparing graduates to tackle complex financial and risk-related challenges in various industries. Students gain a comprehensive understanding of actuarial methodologies, statistical modeling, and advanced data analytics, enabling them to make informed decisions in a data-driven world.

  1. Integrated Curriculum: The program offers an integrated curriculum that combines actuarial science principles with data analytics techniques, providing a well-rounded education that meets the evolving needs of the industry.

  2. Statistical Modeling: Students learn to apply statistical modeling and data analysis methods to real-world scenarios, enabling them to quantify risks, forecast trends, and make informed financial decisions.

  3. Professional Development: The program emphasizes professional development, equipping students with the necessary skills to become qualified actuaries and pursue careers in insurance, pensions, finance, and risk management.

  4. Industry Relevance: Students gain practical insights into the industry through guest lectures, workshops, and industry partnerships, ensuring that they are well-prepared to address the challenges of the actuarial field.

  5. Research Opportunities: The program may offer research opportunities, allowing students to delve into specialized topics within actuarial science and data analytics.

Pollster Education

Location

Leicester

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 21850

Postgraduate Entry Requirements:

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% to 75% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
    • TOEFL: A minimum overall score of 90, with at least 17 in Listening, Reading, Speaking, Writing.
    • PTE Academic: A minimum overall score of 61 with no individual score below 61.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

Graduates of the MSc Actuarial Science with Data Analytics program from the University of Leicester can explore a range of exciting career opportunities.

  1. Actuarial Analyst: Graduates can work as actuarial analysts, assessing financial risks and using data analysis to support decision-making in insurance, pensions, and investment firms.

  2. Data Analyst: Graduates may pursue roles as data analysts, utilizing their skills in statistical modeling and data interpretation to extract insights from complex datasets.

  3. Risk Manager: Graduates can become risk managers, identifying and managing financial risks within organizations and developing strategies for risk mitigation.

  4. Financial Consultant: Graduates may offer financial consultancy services, providing expert advice on investments, pensions, and insurance based on actuarial and data-driven insights.

  5. Academic Researcher: Graduates can pursue further academic studies or research positions, contributing to advancements in actuarial science and data analytics.


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