What will I learn?

Course description

This programme is for you if you want to kick-start your actuarial career and gain the skills to apply data analytics to solve real business problems.

Whether you have yet to start the actuarial professional exams, or you have already passed some of the Core Principles subjects you will be able to choose a route that maximises your potential exemptions from the IFoA exams. In some cases you will be able to finish with all the exams needed to become a fully-qualified actuary as an Associate member of the IFoA (Qualification as an Associate requires two years' work experience qualifying for PPD, successfully completing the online Professional Skills Course, and successfully completing the online CB3 course and assessment.)

Teaching and learning

The programme will be taught using computer classes, problem classes, skills sessions, supervision while undertaking extensive project and dissertation work as well as lectures. Some elements of supported eLearning will be used to refresh mathematical skills as necessary. Assessment will be via course work, computational exercises, projects and written exams. In addition to the mini-projects present in each module, the MSc offers two supervisor-led summer projects to gain exemptions from Core Practice subjects 2 and 3.

Careers and employability

You will be well-placed to work in the worlds of insurance, pensions, healthcare, banking, business management and risk assessment. You will be equipped with mathematical and statistical knowledge and problem-solving skills to help businesses and institutions evaluate the long-term financial implications of the decisions they make.

We aim to develop graduates who:

  • are comfortable with data and manipulating it
  • have great team working skills
  • can communicate persuasively in speech and writing
  • know why they are in an organisation and what they can contribute

We also support the employability of our students via:

  • our award-winning careers team, who are well-resourced to support any type of application or employer assessment
  • dedicated employability advisers within the careers team, who understand the markets they are applying to
  • weekly employability sessions with qualified actuaries reviewing applications and giving advice based on industry experience, available to campus-based students and distance learning students via Skype
  • regular actuarial society events attracting actuarial and other financial employers to the campus to meet students
  • a professional skills and employability module

Which department am I in?

Mathematics

Study options

Full Time (9 months)

Tuition fees
£16,660.00 (16,89,655) Overall cost
This is a fixed fee

*Price shown is for indicative purposes, please check with institution

Start date

Expected September 2022

Venue

University of Leicester

University Road,

Leicester,

Leicestershire,

LE1 7RH, England

Entry requirements

For students from United States

Students hold a Bachelors degree with a B average or equivalent GPA or percentage mark you will typically be considered for entry to a Masters degree. Higher marks, either overall or in relevant courses, may be required for admission to some degrees. English Language Requirements: IELTS 6.5 or equivalent.

For international students

Students need to have: at least a 2:1 in a relevant subject (Mathematics, Statistics, Sciences, Economics). We will consider graduates from other subjects on an individual basis - students will need to demonstrate their ability in mathematics is at an appropriate level if do not have at least a B at A-level. Students need to have: IELTS 6.0 or equivalent; TOEFL - 80.

*There may be different IELTS requirements depending on your chosen course.

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About University of Leicester

The University of Leicester is currently home to over 4,000 international students, making it a wonderfully multicultural place to study.

  • A leading UK research university
  • 37th in UK & 170th globally, THE World University Rankings
  • A progressive, thoughtful and research-driven institution
  • Over 300 degree programmes and courses on offer