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Actuarial Management – (M.Sc.)

Cass Business School

Master's Programmes
Application Deadline: We have no specific application deadline, and an early application is reccomended.
Annual Tuition Fee: ≈ € 18,199 -
Location: London / United Kingdom / View location on map ▾ Hide location on map ▴
Duration: 12 months Start Date: September
Educational Form:
  • Taught
Education Variants:
  • Parttime
  • Fulltime
Languages: English 

Location of Cass Business School

The UK Actuarial Profession accredits the MSc in Actuarial Management course. Indeed, Cass Business School was the first institution in the UK to have both undergraduate and postgraduate programmes fully accredited by the UK Actuarial Profession.

Consequently, the course allows you to study the key areas of actuarial practice whilst also offering the opportunity to gain exemptions from the examinations of the Actuarial Profession.

In particular, students are able to gain exemptions in Actuarial Risk Management (Subject CA1), Communications (Subject CA3) and most of the Specialist Technical (or ST) subjects*

In addition, students who have outstanding Core Technical (or CT) subjects are able to gain exemptions in many of these also (covers Subjects CT2, CT4, CT5, CT6 and CT8 only).

The MSc in Actuarial Management also provides a good foundation for students preparing for examinations of the professional bodies in other countries (including the United States, Canada and Australia).

The Masters Actuarial Management course is delivered through:

  • face-to-face lectures from qualified actuaries (and other experts in the field)
  • dedicated online support
  • ready access to faculty members
  • advice on exam techniques

Full-time and part-time

The full-time version of the MSc in Actuarial Management, which is completed over one academic year, requires students to attend lectures which amount to two days per week.

Alternatively, the part-time version of the course, which is completed over two academic years, has been designed to fit with the study leave packages commonly offered by actuarial employers. As a result, part-time students are required to attend lectures which amount to one day per week during term time over the two years.

Faculty members include a significant number of qualified actuaries and other experts in range of wider fields, who use their commercial experience and current research interests to inform their teaching.


Contents

All our courses are regularly reviewed to keep them up-to-date on issues of both theory and practice. Therefore, from time to time, there may be some changes to module titles or to the detailed content of individual modules

The MSc in Actuarial Management programme starts with two compulsory induction weeks, focused on:

  • a refresher course of advanced financial mathematics, statistics, computing and electronic databases.
  • An introduction to the Cass Careers offering with a focus on key skills and attributes that employers are looking for. The annual MSc Careers Fair at this time also provides the opportunity to meet over 60 companies who are recruiting across many sectors including finance, energy, insurance, real estate, shipping, strategic management and internal auditing.

MSc in Actuarial Management Employability

Our Graduate Destination Survey of last year's MSc in Actuarial Management cohort shows that 78% of graduates are now either in work (75%) or not job seekeing as they are in further study, military service etc. (3%)*

Some examples of where graduates from the 2009/10 MSc in Actuarial Management are working are:

  • Deloitte - Actuarial Audit - Senior Auditor
  • KPMG - Financial Risk Management - Consultant/ Risk Advisor
  • Aviva Asia - Financial Management/Finance - Regional Actuarial Consultant
  • Legal & General - Modelling Solutions - Senior Analyst
  • Financial Services Authority - Actuarial - Associate

You are normally required to take an English Proficiency Test if you come from a non-English speaking country.

Most European Universities recognise the IELTS test.

More information

Requirements

Every year we welcome students from around 100 different nations to study with us here at Cass. It is essential that all students have an excellent command of English in order to participate fully in the collaborative learning process. We therefore require all students who have not previously studied in English to sit an IELTS or TOEFL exam. If you are not a native English speaker but have studied or are studying in English at degree level, please submit a copy of your most recent English language test along with your application.

The MSc in Actuarial Management requires a high degree of competence in English and strong communication skills since the course offers professional exemptions from the later examinations of the Actuarial Profession. Applicants who are not native English speakers and have not previously studied in English at degree level, will need to complete an IELTS or TOEFL examination. Applicants who are not native English speakers but have studied (or are currently studying) in English at degree level, please submit a copy of your most recent English language test and/or A levels (if taken in English) along with your application.

Additional Requirements

Minimal degree required: Bachelor's degree
Minimal amount of work experience Not specified

Language Proficiency

IELTS Band: 6.5
Cambridge English: Advanced (CAE): Grade B (Score: 75)
TOEFL Paper-based: 627
TOEFL Computer-based: 263
TOEFL Internet-based: 107

Accreditation

An integral part of City University London, Sir John Cass Business School is among the global elite of business schools that hold the gold standard of 'triple-crown' accreditation from the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA) and the European Quality Improvement System (EQUIS). We are consistently ranked amongst the best business schools and programmes in the world which, coupled with an established 40-year reputation for excellence in research and business education, enables us to attract some of the best academics, students and businesses worldwide into our exclusive Cass network.

Funding details

There are a limited number of course scholarships available to the most academically outstanding applicants as well as some awards sponsored by Cass alumni or corporate connections. Course Scholarships can cover up to 25% of the tuition fees and external scholarships range up to £20,000.

To apply students need to submit a statement to the Admissions Office giving an overview of their academic and professional achievements and stating why they wish to apply for a scholarship


Contact

Contact Cass Business School

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