Actuarial Science MSc/PGDip, M.Sc.

  • N/A
    Application Deadline
  • 12 months
    Duration
  • Tuition Fee
    19070 GBP/year
    Tuition fee
    10170 GBP/year
    Tuition fee
  • English (take IELTS)
    Language
University rank #159 (WUR) ,
Do you enjoy solving problems? Do you enjoy analysing and interpreting large amounts of data and applying this analysis to real business situations? Could you communicate complex financial and risk models to people at a range of levels? A career as an actuary is a highly rewarding one – both financially and intellectually.

About

Actuaries are problem-solvers, business analysts, consultants and risk assessors, all rolled into one. With this degree under your belt, the skills you have learned could be applied to the worlds of insurance, pensions, healthcare, banking, business management and risk assessment. You will be equipped with mathematical and statistical knowledge and problem-solving skills to help businesses and institutions evaluate the long-term financial implications of the decisions they make.

You may already be employed as a trainee actuary within a firm, or be a recent graduate looking to get into the industry, it could be that a career change is your reason for studying this course. Whichever it is, an Actuarial Science degree from the University of Leicester will provide you with a head start within this lucrative career.

By concentrating on both technical expertise and transferable skills (such as communication and problem solving) this postgraduate degree will prepare you for direct entry into the profession and a successful career. You will leave Leicester equipped with the skills and knowledge to evaluate and interpret different forms of data, analyse risk and present your results to a professional audience, and with an understanding of how to apply this knowledge to real problems using the fundamental techniques required by an actuary.

Accreditation

Officially accredited and/or recognized by the Privy Council, University of Leicester is a large (uniRank enrollment range: 15,000-19,999 students) coeducational higher education institution. University of Leicester offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study.

Programme Structure

Courses include:
  • Theory of Interest 
  • Statistics 
  • Models 
  • Mortality
  • Financial Mathematics 
  • Finance and Financial Reporting 
  • Further Statistics 
  • Applied Statistics 
  • Contingencies 
  • Financial Engineering 

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Languages
    • English
  • Delivery mode
    On Campus
Check if you match the admission requirements

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    6

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Take IELTS test

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

  • Minimum required score (Grade B):

    193

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score:

    90

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

  • This programme does not recognise GRE scores.

    The GRE - or Graduate Record Examinations - is a standardized test administered by Educational Testing Service (ETS) and is part of the admission requirements at many graduate schools and business schools. The GRE score uses a range between 130 and 170 and measures verbal reasoning, quantitative reasoning, and analytical writing.

At least a 2:1 in a relevant subject. This will usually be Maths, Statistics or Physics as you will need a solid background in maths including knowledge of calculus, linear algebra, ordinary differential equations, basics of probability and statistics. We will consider graduates from other subjects on an individual basis.

Tuition Fee

  • International Applies to you

    19070 GBP/year
    Tuition Fee
    Based on the original amount of 19070 GBP per year and a duration of 12 months.
  • EU/EEA Applies to you

    10170 GBP/year
    Tuition Fee
    Based on the original amount of 10170 GBP per year and a duration of 12 months.

Funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.