Course summary

Our Masters in Actuarial Science is designed as the starting point to a career as an actuary – preparing you for a leading role managing risk in financial institutions worldwide. Many of our staff are qualified actuaries, meaning you’ll be able to benefit from their extensive business knowledge and research expertise. The course offers hands-on experience solving real-life financial problems through interactive lectures, tutorials and practical coursework. What’s more, our close links to industry means you’ll have the chance of a summer placement within Edinburgh's financial sector. Course length The MSc Actuarial Science course lasts one year. From 2019, it covers six subjects from the professional syllabus: CB1,CB2,CM1.CM2,CS1, CS2. It is examined over two semesters, followed by a three month summer project. A nine month Postgraduate Diploma can be studied for the same six subjects. You can also study part-time over a maximum of four years (The diploma and the part-time option are only available to students who don’t need a visa to study in the UK). Accreditation This programme is accredited by the Institute and Faculty of Actuaries (IFoA) Center of Actuarial Excellence Heriot-Watt University is recognised as a Center of Actuarial Excellence by the Society of Actuaries (SOA), North America. We are the only Center of Actuarial Excellence in Europe and one of only 30 other schools worldwide with this designation. With roots dating back to 1889, the Society of Actuaries (SOA) is the world's largest actuarial professional organisation with more than 28,000 actuaries as members. Reputation for excellence Established in 1972, we were the first UK university to introduce a dedicated programme in Actuarial Science, and have since evolved to become highly renowned as a world-leading centre in actuarial and financial teaching and research. Our expertise Our expert staff, many of whom are qualified actuaries, will guide and support you throughout your studies. You will benefit from their extensive business knowledge and research expertise, whilst gaining hands-on experience of solving real-life financial problems through interactive lectures, tutorial sessions and practical coursework. The MSc summer project gives you the opportunity to explore in greater depth the hot topics currently facing business, such as Solvency II and pensions autoenrolment. Our close links to industry through the Scottish Financial Risk Academy also creates the potential for undertaking a summer placement within Edinburgh's thriving financial sector.