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Overview
The Postgraduate Diploma Actuarial Science course at the University of Essex 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.
Your future
As a new course, we expect our graduates of MSc Actuarial Science to become actuaries in a range of industries. It has been predicted by the US Department of Labor that the employment of actuaries is expected to grow faster than any other occupation, making it a great prospect for a graduate job.
Aside from a rewarding career as an actuary (actuaries were in the top ten jobs in 2016, careercast.com), clear thinkers are required in every profession, so the successful mathematician has an extensive choice of potential careers. The Council for Mathematical Sciences offers further information on careers in mathematics.
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Visit official programme websiteProgramme Structure
Courses include:
- Bayesian Computational Statistics
- Contingencies
- Statistical Methods
- Stochastic Processes
- Financial Derivatives
- Research Methods
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Visit official programme websiteKey information
Duration
- Full-time
- 9 months
Start dates & application deadlines
- Starting
- Apply before
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More details
We recommend that you apply as soon as you are able to .
Language
English
IELTS 6
Credits
120 alternative credits
Delivered
On Campus
Disciplines
Mathematics Statistics Actuarial Science View 220 other Masters in Statistics in United KingdomExplore more key information
Visit official programme websiteAcademic requirements
GPA Lower Second Class
English requirements
IELTS 6
Other requirements
General requirements
- A 2:2 degree in one of the following subjects: Mathematics, Statistics, Operational research, Finance, Economics, Business Engineering, Computing, Biology, Physics or Chemistry.
- Applicants with a degree below 2:2 or equivalent will be considered dependent on any relevant professional or voluntary experience and previous modules studied.
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Visit official programme websiteTuition Fee
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International
15792 GBP/yearTuition FeeBased on the tuition of 15792 GBP per year during 9 months. -
National
7360 GBP/yearTuition FeeBased on the tuition of 7360 GBP per year during 9 months.
Living costs for Colchester
660 - 1140 GBP /month
Living costs
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
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.
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