Actuarial Management

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 mathematical 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.

English language requirements

Important: If your first language is not English, or your first degree was not taught in English, we'll need to see evidence of your English language ability.

The minimum requirement for English language is IELTS 6.5, we also accept TOEFL (scores of 79 and higher).

We also offer a range of English language courses to help you meet the English language requirement prior to starting your master's programme:

• 20 weeks English (for IELTS of 5.0 with no skill lower than 4.5)
• 14 weeks English (for IELTS of 5.0 with minimum of 5.0 in writing and no skill lower than 4.5)
• 10 weeks English (for IELTS of 5.5 with no skill lower than 5.0)
• 6 weeks English (for IELTS 5.5 with no skill lower than 5.5)

Months of entry

September

Course content

The MSc in Actuarial Management is fully accredited with the Institute and Faculty of Actuaries in the UK for subjects: CP1, CP2, CP3, SP2, SP4, SP5, SP6 and SP9. In addition, studying subject SP9 leads to the internationally recognised Certified Enterprise Risk Actuary (CERA) qualification. It is also possible to "catch up" with some of the earlier subjects that you may have missed – such as CB1, CB2 or CM2.

These subjects cover a variety of areas including life insurance, risk management, investment, derivatives, pensions, communication and modelling. You choose the best combination 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.

Fees and funding

See University website