- The range and content of modules on the Actuarial Science MSc is currently being revised. The course content (and associated accreditation) shown on this page reflects what is available to students starting in 2018. Course content for the 2019 degree will be posted here when confirmed.
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.
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.
Leicester is one of the first universities to fully embed the Institute and Faculty of Actuaries' Curriculum 2019 syllabus into our Actuarial courses. This means we integrate more business-focused knowledge and skills, such as data science and predictive analytics, as well as focusing more keenly on the development of personal and professional competencies. With the added benefit of a professional skills and employability module, this will help you become more work-ready in a competitive environment.
What’s the difference?
For an MSc you will take four modules in Semester 1, four modules in Semester 2, and either two modules or a research project over the summer.
For the IFoA exemption, you will need to take all 12 available modules – requiring extra work. You must have strong mathematical aptitude, be prepared to work very hard and be confident that you can dedicate the extra time and effort required. Please discuss this with the Actuarial Science Admissions Team email@example.com applying.
Also please note that the extra two modules will not count towards the accreditation of your degree, and that each additional module incurs an additional fee.
Download a prospectus (PDF, 5.2MB)