Your Learning Experience

Course Delivery

The course will be delivered to you through supported distance learning via the University’s virtual learning environment Blackboard.  You will need to make sure that you have regular access to the Internet in order to fully interact with Blackboard. Blackboard will offer you:

  • online supported chapters of self-contained material using a Wiki format,
  • module component self-test questions with full solutions,
  • examination style problem sheets for tutor marking.

Students who require hard copy format of the course notes for AccessAbility reasons can request these from the course administration team, subject to completion of the AccessAbility application and approval.

The course is self-contained although we would encourage you to read more broadly to extend your knowledge, a full reading list is provided with each module. You will have access to the University library which has available a large number of e-journals and e-books.

Visiting Leicester

There is no need for you to ever visit Leicester unless you want to, the course is strutured so you can study at home, work or on the train. You are welcome to visit the University at anytime and can make an appointment to meet with a tutor.

Study commitment

Studying this course by distance learning means you don’t need to take a career break to get ahead. You can study the course at a time that suits you in a location that suits you; it also means that you can start to apply your new knowledge and insights to your working life immediately. For each of the compulsory modules we’d recommend students dedicate 5-7 hours a week, meaning an average of 10-14 hours a week per teaching session will be required to fully engage with the course. Each module is taught over a 26 week period.

The Masters dissertation is an individual project and will require you to commit time to researching a topic in detail; many of our students choose to tackle work-related topics in their dissertations. This can be rewarding both personally and for your employer. Whilst this is an independent piece of work you should commit 600 hours of study to complete the research and present your findings over a period of up to twelve months.

Supporting your studies

The University of Leicester has vast experience in providing distance learning education and in the specific needs of distance learning students. This enables us to develop a strong network of support which will be available to you if and when you should need it. Information on how to access this support will be available from the course administration team and through the online support for the course.

As a student you will be supported by a dedicated team of actuarial tutors and administrative staff. The programme administrator will be your first point of contact and can provide you with most of your course information; any academic issues will be directed to your personal tutor or module tutor. Your personal tutor will be an academic member of staff who will be able to offer advice and guidance throughout your studies and will be assigned to you for the duration of your studies.

Upon starting the Masters dissertation you will be allocated a supervisor who will guide you on your choice of topic and support you through your research. They’ll offer regular virtual supervisory sessions, using telephone or web-based tools at suitable points in your studies.

How you will be assessed

Assessment will vary by module and could include a combination of formative and summative written coursework and timed written examinations. You will be given detailed feedback on any formative coursework assessment, allowing you to see your progress and identify your strengths and areas for improvement and enable preparation for any formal examinations.

All examinations take place in April and October (usually on weekdays) each year following the period of module study. Details of the exam period will be released to you at the beginning of term with exact dates being confirmed once scheduling has taken place, approximately three months into the teaching session.

All examinations will be sat at a venue local to you, approved and arranged by us, from a wide selection we have available around the world. We endeavour to find a venue most suitable for you based on your current location and is usually within a two hour commute from your home location. You can select your preffered exam venue from our list in the first few weeks of you starting the course, if at anytime you change locations we'll update your exam venue accordingly.

The Masters dissertation will be assessed on the production of an individual written dissertation of approximately 15,000 words and two presentations. Your presentations will require the production of a PowerPoint slide show in conjunction with a video conference or alternative online communication with your supervisor and other staff in the department.


Formative Assessment

Summative Assessment

Financial Mathematics (CT1)

3 recomended Homework Assignments

30% Mini Project, 70% Exam (2 hours)

Finance and Financial REporting (CT2)

3 recomended Homework Assignments

100% Exam (3 hours)

Statistics (CT3)

3 recomended Homework Assignments

100% Exam (3 hours)

Models and Mortality (CT4)

3 recomended Homework Assignments

100% Exam (3 hours)

Contingencies (CT5)

3 recomended Homework Assignments

100% Exam (3 hours)

Statistical Methods (CT6)

3 recomended Homework Assignments

100% Exam (3 hours)

Business Economics (CT7)

3 recomended Homework Assignments

100% Exam (3 hours)

Financial Economics (CT8)

3 recomended Homework Assignments

30% Mini-Project, 70% Exam (2 hours)


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Contact details - Actuarial Science DL

Tel.: +44 (0)116 252 2612


Department of Mathematics
University of Leicester
University Road
Leicester LE1 7RH
United Kingdom