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MSc Actuarial Science / Course details

Year of entry: 2019

Course description

The MSc in Actuarial Science provides a strong grounding in the mathematics of actuarial science and addresses both the current and future needs of the industry.  The programme was recently established and incorporates all mathematical techniques,  in particular from the fields of probability and statistics, a modern actuary could not do without.  Accredited by the Institute and Faculty of Actuaries, the course will offer the following exemptions in the IFoA's revised Curriculum 2019: CS1, CS2 (Actuarial Statistics) and CM2 (Actuarial Mathematics). (Reaccreditation for Curriculum 2019 is currently pending).  If you are interested in developing a career as an actuary, this programme of study will provide the ideal entry platform into a broad range of employment sectors, such as Insurance, Finance and Risk Management.

Coursework and assessment

There are two teaching semesters of 12 weeks each and approximately 15 weeks of project work. Assessment for the taught part is by exams and coursework.

Course unit list

The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.

TitleCodeCredit ratingMandatory/optional
Martingales Theory for Finance MATH67201 15 Mandatory
Time Series Analysis and Forecasting in Finance MATH68032 15 Mandatory
Generalised Linear Models and Survival Analysis MATH68052 15 Mandatory
Stochastic Modelling in Finance MATH69102 15 Mandatory
Actuarial Models 1 MATH69511 15 Mandatory
General Insurance MATH69531 15 Mandatory
Risk Theory MATH69542 15 Mandatory
Quantitative Risk Management MATH69551 15 Mandatory

Facilities

The School of Mathematics is the largest in the UK with an outstanding research reputation and facilities .

Disability support

Practical support and advice for current students and applicants is available from the Disability Advisory and Support Service. Email: dass@manchester.ac.uk