Duration and mode of study

One year full-time

Start Dates

October each year.

Entry requirements

At least a 2:1 classification in a relevant first degree. We expect a certain prerequisite knowledge of probability and calculus; this means students will typically be Mathematics, Statistics or Physics graduates. We will consider graduates from other disciplines on an individual basis.

Fees

2012/13

Home/EU: £7,810
International: £14,645

Course aims

The Actuarial Science programmes at Leicester are accredited by the Faculty and Institute of Actuaries. We offer the only accredited distance learning course.

Actuaries are problem-solvers, business analysts, consultants and risk assessors, all rolled into one. Upon completion of the course your skills could be applied to 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.

By concentrating on both technical expertise and transferable skills (such as communication and problem solving) the programme prepares graduates for direct entry into the profession and a successful career.

Our courses offer a fast track route to qualifying as an actuary by providing exemptions from the Faculty and Institute of Actuaries CT1-8 examinations. Obtaining a good overall mark across your taught modules on these programmes can lead to exemptions from these examinations.

Course modules

Modules covered (not all have to be taken to obtain an MSc):

• Statistics
• Theory of Interest
• Models
• Mortality
• Financial Mathematics
• Financial Engineering
• Further Statistics
• Applied Statistics
• Contingencies
• Finance and Financial Reporting Economics
• Critical Thinking and Business Awareness

Students have the option to complete an in depth MSc research project.

Teaching and assessment methods

The programme is taught using a variety of methods including lectures, seminars, computer practicals, online learning resources and intensive workshops. A mixture of coursework assignments, oral presentations and written examinations are used to assess understanding.

Contact

MSc Actuarial Science Admissions Team
T. +44 (0)116 252 3884
actsciadmin@le.ac.uk
www.le.ac.uk/maths