Course summary
The MSc in Actuarial Management programme covers material relating to the second and third stages of the professional examinations of the Institute and Faculty of Actuaries, namely the Core Practices subjects and Specialist Principles subjects. Taking this master's degree at Bayes Business School (formerly Cass) means you are studying in the first institution in the UK to have both undergraduate and postgraduate programmes fully accredited by the UK Institute and Faculty of Actuaries. You can also gain exemptions from the IFoA's examinations. In particular you can gain exemptions in Actuarial Practice (Subject CP1), Modelling Practice (Subject CP2) and Communications Practice (Subject CP3) and most of the Specialist Principles (SP) subjects.
Modules
On the Actuarial Management MSc you will learn to:
- Demonstrate knowledge and understanding of the main areas of actuarial practice
- Demonstrate knowledge and understanding of the general commercial environment
- Demonstrate knowledge and understanding of how to monitor measure and manage risk effectively
- Apply actuarial, statistical and related methods to assess and manage risk
- Communicate effectively with non-specialists in the area
Assessment method
All our courses are regularly reviewed to keep them up-to-date on issues of both theory and practice. Assessment of modules on the MSc in Actuarial Management, in most cases, is by means of coursework and unseen examination. Coursework may consist of standard essays, individual and group presentations, group reports, classwork, unseen tests and problem sets. Please note that any group work will include an element of peer assessment.
Professional bodies
Professionally accredited courses provide industry-wide recognition of the quality of your qualification.
- Actuaries, Institute and Faculty of
Entry requirements
A UK upper second class degree or above, or the equivalent, and/or a Masters Degree/Postgraduate Diploma (from a UK university or equivalent) in a related subject and already covered the fundamentals of actuarial science at university degree or professional level Applicants are required to have passed and/or as a result of previous studies, be exempted from the equivalent of at least four of the Core Principles examinations of the Institute and Faculty of Actuaries (including both Actuarial Statistics (CS1) and Actuarial Mathematics (CM1))*
Fees and funding
Tuition fees
| EU | £11750 | Whole course |
| International | £11750 | Whole course |
| England | £11750 | Whole course |
| Northern Ireland | £11750 | Whole course |
| Scotland | £11750 | Whole course |
| Wales | £11750 | Whole course |
Additional fee information
No additional fees or cost information has been supplied for this course, please contact the provider directly.
Provider information
City, University of London
Northampton Square
City of London
EC1V 0HB