Program Overview
The Actuarial Science and Management at Heriot-Watt University is a MSc programme in Business & Management over 24 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.
Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of business & management. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.
Graduates of the Actuarial Science and Management programme are well-prepared for careers in academia, industry, government, and the private sector across United Kingdom and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.
Key Program Features
- Duration: 24 months
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 6.5
- Tuition: GBP 14,890 (Tuition (Year)) — International students; GBP 14,890 (Tuition (Year)) — EU/EEA students
- Location: Edinburgh, United Kingdom
Career Opportunities
Graduates of the Actuarial Science and Management programme are prepared for diverse careers in business & management:
- Business Analyst
- Management Consultant
- Product Manager
- Strategy Analyst
- Operations Manager
- Entrepreneur
Program Curriculum
Course Structure
- Financial Mathematics
- Life Insurance Mathematics 1
- Life Insurance Mathematics 2
- Economics
- Finance and Financial Reporting
- Statistical Methods
- Stochastic Modelling
- Risk Theory
- Time Series Analysis
- Financial Economics 1
- Financial Economics 2
- Survival Models
Admission Requirements
Academic Requirements
Entry requirements
- The programme is primarily intended for graduates with a strong mathematical background. Our normal minimum entry requirement is the equivalent of a UK 2.1 degree in mathematics, statistics or a related discipline with a high mathematics or statistics content.
- We are also looking for students who are keen to join the actuarial profession, have a willingness to work hard and a drive to succeed.
English Proficiency: IELTS 6.5 or equivalent.
Tuition & Financial Information
Tuition Fee
GBP 14,890 (Tuition (Year)) — International students; GBP 14,890 (Tuition (Year)) — EU/EEA students
Tuition fees: GBP 14,890 (Tuition (Year)) — International students; GBP 14,890 (Tuition (Year)) — EU/EEA students
IELTS requirement: 6.5
Financial Aid & Scholarships
Contact Heriot-Watt University directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.
About Heriot-Watt University
Heriot-Watt University
City of Edinburgh, United Kingdom
Heriot-Watt University is a distinguished institution of higher education committed to academic excellence, innovative research, and preparing students for leadership in their chosen fields. The...
University Profile- Start Date 2017-09-11
- Language English
- Duration 24 months