Actuarial Science City St George's, University of London

Overview

In this Actuarial Science MSc from City, University of London - Bayes Business School you have the option to choose the Business Analytics pathway which will provide you with the much sought after skills in this area.

You will gain a firm grounding in the fundamentals of actuarial science in insurance, finance and investment. You will also advance your knowledge in analytics methods for business, machine learning, data management systems and natural language processing, all of which are increasingly being adopted across actuarial practice areas.

Objectives

As the needs of the actuarial profession and the Institute and Faculty of Actuaries evolve, the skill set of actuaries is used in wider applications in both traditional and non-traditional fields, and the intake of overseas members increases, this programme is designed to reflect these challenges and ensure that it is fit for purpose for actuaries in an ever-changing global business environment.

On this postgraduate course, you will study statistics, probability, stochastic processes, survival models, economics, finance and investment, insurance, pensions and financial contracts valuation, with computer-based applications. This broad and varied syllabus is equivalent to the Institute and Faculty of Actuaries’ Core Mathematics, Core Statistics and Core Business professional examinations (Subjects CM1, CM2, CS1, CS2, CB1, CB2), and enables you to gain exemptions from them.

Career destinations for MSc Actuarial Science

The graduates from the MSc in Actuarial Science are well prepared to tackle actuarial and risk analyst, consultancy and underwriting roles in leading firms. An actuarial career is a global professional passport in a role which is as challenging as it is rewarding.

An increasing number of companies are now looking for actuarial students who have knowledge of business analytics. 

This is due to the changing nature of actuarial roles with more technology and analytics brought into actuarial processes across most of the industry sectors mentioned above. The MSc Actuarial Science with Business Analytics route will enable students to gain a strong understanding of both the actuarial principles and the associated analytics.

Accreditation

The programme is accredited by the Institute and Faculty of Actuaries