Institute and Faculty of Actuaries Certificate in Financial Mathematics

CPD, 6 months

This is for you if... you would like a 'taster' of our Masters in Actuarial Science before deciding whether to register for the whole course.

Course Description

The Certificate in Financial Mathematics (CT1) is one of nine Core Technical subjects offered by the Institute and Faculty of Actuaries, providing a basic grounding in financial mathematics and its simple applications

This course is taught by distance learning, using materials and technology already used on our MSc/PGCert in Actuarial Science. It can be taken as a stand-alone course or as a ‘taster’ for the degree. The course tuition will prepare you for the IFoA exam which can be sat in April or September.

How to apply

Application for this course is through an online application form. You will be asked to pay at the same point that you apply.

Confirmation will be sent to you by email shortly after you submit your application with details of the next steps.

Please note that the exam at the end of the course is administered by the IFoA and must be applied for separately.

Key Facts
Start date
May and October each year
Actuarial Science Distance Learning Team
+44 (0)116 252 2903

Join us for a live online chat

Department of Mathematics website

Why Leicester?

We enjoy links with the financial and actuarial industry, ensuring that this course has been developed with the needs of key employers in mind - which means that graduates from this course are highly employable.

Mathematics at Leicester has a successful history of delivering quality actuarial education at both undergraduate and postgraduate level.

We have more than 50 postgraduate research students, over 80 postgraduate taught students and in excess of 100 students studying by distance learning.

Additional Information

Key dates

Start date: 16 October 2017
Application deadline for October 2017: 9 October 2017

Start date: 7 May 2018
Application deadline for May 2017: 30 April 2018

Teaching and Assessment

You will receive:

  • Access to the e-book of the industry-standard text for CT1, 'An Introduction to Mathematics of Finance: A Deterministic Approach' by Professor Stephen Garrett.
  • This covers all material with worked examples
  • Access to the University's virtual learning environment, Blackboard
  • Electronic forums and podcasts used to support your learning
  • Email access to a specialist tutor who will respond to your questions within 48 hours
  • Regular assignments with full marking and feedback
  • A mock examination with full marking and feedback
  • Access to the University's extensive digital library

The final exam is taken with the IFoA rather than with the University, and the award will therefore be provided by the Institute. It is your responsibility to register for the examination with the Institute and Faculty of Actuaries.

Entry Requirements

There are no entry requirements for this course.

English Language Requirements

There are no specific English language requirements for this course. However, to get the most out of the course you should have a reasonable command of written English.

Fees and Funding

  • The total cost for this course for UK/EU students is £400.

    Please note that this fee does not include the cost of the exam, which is administered by the IFoA and must be applied for separately.

  • The total cost for this course for international (non-EU) students is £400.

    Please note that this fee does not include the cost of the exam, which is administered by the IFoA and must be applied for separately.

Career Opportunities

Studying with the University of Leicester gives a clear signal to employers. It demonstrates that you have the spark, ambition and commitment to take your career to the next level. Your current employer will also benefit directly from your newly acquired understanding and capabilities.


CPD is an essential element of career development and helps to enhance job prospects. Whether you're an employee looking to get ahead or an employer keen to develop the capabilities of your workforce, studying a CPD course with us will bring the resources of a leading University to your organisation.

Course Qualification Duration Start Dates Availability
Financial Mathematics CPD 6 months, part-time May and October each year Apply Now
Financial Mathematics
6 months, part-time
Start Dates
May and October each year

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