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Master of Science [M.Sc] [Actuarial Science] From University of Essex

Colchester, EnglandLocation

UniversitySchool type

Estd1963established year

11132enrollment

Public

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Master of Science [M.Sc] (Actuarial Science)

STEM Course

1 year

Full Time

On Campus

Field of Study:

Mathematics,

Actuarial Science

£19,740/Yr

£19,740 /Yr

Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries quantify the probability and manage the risk of future events in areas such as insurance, healthcare, pensions, investment, and banking and also in non-financial areas.
This course is taught by the Department of Mathematical Sciences and is intended for students with a first degree in mathematics, statistics, economics or finance who would like to acquire knowledge in actuarial science.
Our MSc Actuarial Science course is based on the syllabus of the majority of the core subjects of the Institute and Faculty of Actuaries, so you’ll cover subjects as part of your course CB1 (Business Finance) depending on the optional module selected, CM2 (Financial Engineering and Loss Reserving) and CS2 (Risk Modelling and Survival Analysis). This focus on up-to-date research findings in actuarial methodologies and actuarial applications means that you gain a solid training in actuarial modelling and actuarial analysis.

Year	1st Year Fees
Tuition Fees	£19740 (GBP 19740)

Previous Year Tuition Fees

Year	1st Year Fees
2022	£24675 (GBP 24675)

Eligibility & Entry Requirement

Academic Eligibility:

University will consider applicants with a 2:2 degree in one of the following subjects:

Mathematics,
Statistics
Operational research
Computer Science
Applied Mathematics
Pure Mathematics
Biostatistics
Economic Statistics
Statistics
Economics

A 2.2 degree in any subject which includes:

One module in:

Calculus
Maths
Engineering Maths
Advanced Maths

And one module in

Statistics or Probability
Maths
Engineering Maths
Advanced Maths

And one additional relevant module, from

Algebra
Analysis
Programming language (R, Matlab or Python)
A second module in Probability or Statistics
Numerical Methods
Complex Numbers
Differential Equations
Optimisation (Linear Programming)
Regression
Stochastic Process
Maths
Engineering Maths
Advanced Maths

Indian Student Eligibility:

Applicants must have a bachelor’s degree with 55% in one of the following:

Mathematics,
Statistics
Operational research
Computer Science
Applied Mathematics
Pure Mathematics
Biostatistics
Economic Statistics
Statistics
Economics

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.

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Scholarship Grants & Financial Aids

Name	Scholarship Per Student	Level of Study	Type
Aga khan Foundation Scholarships	Scholarship per studentVariable Amount	Level Of StudyMaster	TypeMerit-Based	View Details
ASID Foundation Legacy Scholarships	Scholarship per student£ 4,000/Yr$4,000	Level Of StudyBachelor	TypeMerit-Based	View Details
BrokerFish International student scholarship	Scholarship per student£ 1,000/Yr$1,000	Level Of StudyBachelor	TypeMerit-Based	View Details
Gyandhan Scholarship	Scholarship per student£ 1,222/Yr$1,222	Level Of StudyMaster	TypeMerit-Based	View Details
QS scholarships	Scholarship per studentVariable Amount	Level Of StudyBachelor	TypeMerit-Based	View Details
Bharat Petroleum Scholarship 2020	Scholarship per studentVariable Amount	Level Of StudyMaster	TypeMerit-Based	View Details

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Important Dates

Program	Important Dates
M.Sc Data Science	Application Deadline for January 2024 Intake (22nd Sep 2023)
M.B.A	Application Deadline for October 2023 Intake (31st Aug 2023)
M.Sc Data Science with Professional Placement	Application Deadline for October 2023 Intake (31st Aug 2023)
M.Sc Business Analytics	Application Deadline for October 2023 Intake (31st Aug 2023)
B.B.A Business Administration	UCAS Extra Application Deadline for 2023 Intake (12th Jul 2023) Application Deadline for 2024 Intake (31st Jan 2024)
M.Sc Biotechnology	Application Deadline for October 2023 Intake (31st Aug 2023)

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