MSc Applied Actuarial Science (International Master's)

Course Overview

As an actuary, your work is extremely varied and can include: advising companies on the amount of funds to set aside for employee pension payments; designing new insurance policies and setting premium rates; pricing financial derivatives and working in fund management and quantitative investment research; advising life insurance companies on he distribution of surplus funds; and estimating the effects of possible major disasters, such as earthquakes or hurricanes, and setting premium rates for insurance against such disasters.

General Eligibility

A first or upper second class degree in mathematics, statistics or economics (although other subjects with a high mathematical content are acceptable).

All applicants are considered on an individual basis and additional qualifications, professional qualifications and relevant experience may also be taken into account when considering applications.

Part Time Work Details

20 Hours of Work permit weekly for international students.

Language Requirement

• IELTS (including IELTS Indicator) 6.5 overall (with a minimum of 6.0 in R&W; 5.5 in S&L)

  TOEFL iBT 90 overall (with a minimum of 22 in R; 21 in W; 17 in L; 20 in S)