18 months
12586 USD/year
12586 USD/year
Tuition fee
Apply date
Start date


The MSc in Actuarial Science from Xi'an Jiaotong-Liverpool University will provide students with the knowledge and skillset to investigate financial accounts, analyse risks, and design actuarial models for a wide range of fields.

Visit the official programme website for more information


This MSc in Actuarial Science from Xi'an Jiaotong-Liverpool University  covers a series of core modules from the Institute and Faculty of Actuaries (IFoA) and Society of Actuaries (SOA).

Students that complete the programme will have a wide range of skills, making them highly employable. Actuaries are greatly valued in the financial and insurance industries, as well as many other fields that demand data analysis and problem-solving capabilities.

Why study actuarial science at XJTLU?

  • The actuarial and risk management professions are both challenging and highly rewarding. Financially and statistically, trained graduate actuaries are highly in-demand in the financial industry as well as in a wide range of other for-profit and non-profit sectors.
  • XJTLU's Actuarial Science programme is recognised by various actuarial societies, such as the UK-based Institute and Faculty of Actuaries (IFoA), and has UCAP-AC accreditation from the Society of Actuaries (SOA) in North America.
  • There are numerous opportunities to undertake internships and work placements at firms in the insurance and finance industries.
  • Students will have access to a variety of resources from academic and professional platforms, including the Intelligent Computing and Financial Technology Laboratory (ICFT) and Research Institute of FinTech (RIFT).
  • Our professional team offers powerful support, with members affiliated to IFoA, SOA, CAS (Casualty Actuarial Society), ACCA (Association of Chartered Certified Accountants) and other actuarial societies, offering professional advice and up-to-date industry development.


Some of our graduates become actuarial trainees and study for professional examinations. Others embark on some of the following lucrative careers:

  • Investment banking and investment management
  • Accountancy
  • Commercial banking
  • Insurance
  • Financial analysis
  • Management
  • Consulting
  • Regulation
  • Computing and programming
  • Research and teaching.

Programme Structure

Courses include:

  • Actuarial Mathematics
  • Stochastic Modelling in Actuarial Science 
  • Actuarial Modelling
  • Life Insurance Mathematics
  • Statistics and Data Analytics 

Key information


  • Full-time
    • 18 months

Start dates & application deadlines


TOEFL admission requirements TOEFL® IBT


On Campus

Academic requirements

GPA admission requirements GPA
Upper Second Class

English requirements

TOEFL admission requirements TOEFL® IBT

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Start from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Xi'an Jiaotong-Liverpool University and/or in China, please visit Student Insurance Portal.

Other requirements

General requirements

  • Bachelor Degree in mathematics or related field or Industrial experience deemed to be the equivalent to an Honours degree in a mathematics-related discipline. Applicants for this category will have to comply with the University’s procedures for non-standard entry.

Tuition Fee

To alway see correct tuition fees
  • International

    12586 USD/year
    Tuition Fee
    Based on the tuition of 18880 USD for the full programme during 18 months.
  • National

    12586 USD/year
    Tuition Fee
    Based on the tuition of 18880 USD for the full programme during 18 months.

RMB 120,000 for the entire programme.

Living costs for Suzhou

3000 - 5500 CNY /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


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.

Our partners

Actuarial Science
Xi'an Jiaotong-Liverpool University


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