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MSc Actuarial Science

Glasgow

 

INTAKE: September

Program Overview

The MSc Actuarial Science program at the University of Strathclyde is designed to equip students with the quantitative skills, financial knowledge, and analytical acumen needed to excel in the field of actuarial science. This program provides a rigorous foundation in mathematics, statistics, and finance, preparing graduates for successful careers in risk management, insurance, pensions, and beyond.

  1. Strong Mathematical Foundation: The program emphasizes advanced mathematics and statistical techniques, ensuring students are well-prepared to tackle complex actuarial problems.

  2. Financial Expertise: Students gain insights into financial markets, derivatives, and investment analysis, enabling them to make informed decisions in the financial sector.

  3. Professional Accreditation: The program aligns with the professional qualifications of leading actuarial bodies, allowing students to progress toward becoming qualified actuaries.

  4. Real-world Applications: With practical projects and case studies, students apply their knowledge to real-world scenarios, developing practical skills and problem-solving abilities.

  5. Industry Connections: The university's strong ties to industry and actuarial employers provide students with networking opportunities, internships, and potential job placements.

Pollster Education

Location

Glasgow

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 24850

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 65% 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.
    • TOEFL: A minimum overall score of 80, with at least 17 in Listening, Reading, Speaking, Writing.
    • PTE Academic: A minimum overall score of 60 with no individual score below 59.
  • 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.

The University of Strathclyde offers a range of scholarships and financial aid options to support students in their academic journey. These scholarships are designed to recognize excellence, provide access to education, and support students in pursuing their goals. 

  1. Faculty-specific Scholarships: Many faculties within the University of Strathclyde offer scholarships tailored to specific areas of study. These scholarships aim to attract exceptional students and provide them with financial support throughout their academic program.
  2. Postgraduate Taught Performance Sport Scholarship: The University of Strathclyde recognizes the achievements of student-athletes and offers performance sport scholarships at the postgraduate level. These scholarships provide financial assistance and additional support to help athletes balance their sporting and academic commitments.
  3. Research Scholarships: The university also offers a range of scholarships for students pursuing postgraduate research degrees. These scholarships may cover tuition fees, living expenses, and research-related costs, providing valuable support for students engaged in cutting-edge research projects.

Graduates of the MSc Actuarial Science program have a wide range of career opportunities in various sectors.

  1. Actuary: Graduates can pursue roles as actuaries, calculating financial risk and uncertainty for organizations in insurance, pensions, investments, and finance.

  2. Risk Analyst: With expertise in risk management, graduates can work in risk analysis and assessment, helping organizations make informed decisions.

  3. Financial Consultant: Graduates can provide financial consulting services, offering advice on investments, retirement planning, and insurance strategies.

  4. Data Analyst: The program's strong quantitative focus equips graduates with skills to excel in data analysis and data-driven decision-making roles.

  5. Academic Pursuits: Graduates can continue their studies at the doctoral level, contributing to actuarial research and academia.

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