Overview

The Actuarial Science course at the University of Strathclyde is an innovative cross-faculty alliance between the Strathclyde Business School and the Faculty of Science.

The course is designed so that students who have a strong aptitude for mathematics and statistics, but who have not studied these topics in detail in their undergraduate degree, can learn the necessary skills to move into the financial industry. Therefore the first semester provides foundation classes in statistics, mathematics, finance and economics that require no previous background in these topics.

Careers

The increasing accessibility of healthcare and changes to insurance regulation are driving high demand for actuaries and, once qualified, actuaries are able to work anywhere in the world.

Graduates of this course wishing to pursue a career as an actuary will typically work at an insurance company or at a consultancy.

Most graduates enter the profession by joining a company as an actuarial trainee or risk analyst at the same time as studying for professional exams.

Most trainees begin their careers in the financial services industry, particularly in the traditional employment areas of insurance and pensions.

Actuaries typically work in the following areas:

banking

corporate finance

investment management

life, healthcare and general insurance

pensions

Accreditation

Accredited by the Institute and Faculty of Actuaries (IFoA); Accreditation By Subject Agreement for IFoA subjects CS1 and CB2.

Programme Structure

Courses include:

Principles of Finance

Foundations of Probability & Statistics

Inference & regression Modelling

Fundamentals of Macroeconomics

Fundamentals of Microeconomics

Behavioural Finance

Security Analysis

Portfolio Theory & Management

Risk Management for Banks

Financial Econometrics

Financial Stochastic Processes

Quantitative Risk Analysis

Quantitative Business Analysis

Risk Analysis & Management

Bayesian Spatial Statistics

Actuarial Science Summer Project

Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2026-09-21 00:00:00

Apply anytime.

More details

No formal closing date for postgraduate applications.

Language

English

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115

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Credits

180 alternative credits

Delivered

On Campus

Campus Location

Glasgow, United Kingdom

Disciplines

Actuarial Science View 31 other Masters in Actuarial Science in United Kingdom

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Academic requirements

GPA

Lower Second Class

English requirements

Duolingo English Test

115

Take A Free Practice Test!

TOEFL^® IBT

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IELTS

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Other requirements

General requirements

Minimum second-class honours degree or international equivalent in:

engineering
science subjects (eg physics, chemistry or computing science)
business subjects (eg business studies, accounting or economics)

Prospective students with relevant experience or appropriate professional qualifications are also welcome to apply.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

30250 GBP / year

≈ 30250 GBP / year
Domestic Applies to you

Applies to you

Citizens or residents

19100 GBP / year

≈ 19100 GBP / year

Additional Details

England, Wales & Northern Ireland: £19,100

Living costs

Glasgow

United Kingdom

620 - 1012 GBP / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Careers

Actuaries typically work in the following areas:

Accreditation

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic Applies to you

Additional Details

Living costs

Glasgow

Funding

Scholarships Information

Available Scholarships

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