Program Description

An actuary is a business professional who applies mathematics and statistics to assess risk in a wide variety of contexts ranging from insurance and banking to health and government planning. The MSc in Actuarial Science is designed to give graduates from numerate disciplines a grounding in the mathematical and statistical theories needed to become a qualified actuary. You will gain key marketable skills in applying mathematics and statistics to the modelling of actuarial problems. This programme is accredited by the professional body for actuaries in the UK (the Institute and Faculty of Actuaries), and successful graduates will gain exemptions from up to three professional examinations.In the first part of the course you will study a wide range of modules covering topics in actuarial mathematics and statistics. In the second part you will complete a significant dissertation project.

Over the course of your studies you will be assessed by a combination of written examinations, coursework and the dissertation. Your studies will be supported by facilities including the main university library - containing an extensive collection of mathematics resources, and our Information Services and Systems (ISS). Also available to you is the Reading Room in the centre of the department. This is home to the departmental library and a suite of computers.

Admission Requirements

• General requirement-
  • Indian Students-
    • Successful completion of a relevant Bachelors degree from a recognised institution with either a Second Class Upper Division or a Second Class Lower Division equivalent:
    • Second Class Upper Division equivalent: 60%; or CGPA 6.7 (10 point system); or CGPA 6 (7 point system); or CGPA 3 (4 point system) - including Standard XII in English - 70% or above (or equivalent).
    • Second Class Lower Division equivalent: 55% or CGPA 6.1 (10 point system) or CGPA 5.5 (7 point system) or CGPA 2.67 (4 point system) for institutes of national importance/LLB) including Standard XII in English - 70% or above (or equivalent).
  • Arab Students-Candidates are expected to have successfully completed a relevant Bachelors degree from a recognised institution with a minimum of a Second Class Lower Division: CGPA 2.5 (out of 4.0) or Grade C+ CGPA 3.5 (out of 5) or 75% or Grade C+ with IELTS 6.5 with 6.0 in each part of the test (or equivalent)
• A 2:2 Honours degree or equivalent in Mathematics, Computer Science, Engineering, Physics, Economics or other numerate degree with significant mathematical/statistical content. Applicants whose first degree is not Mathematics will be considered on an individual basis taking into account the mathematical content of their first degree.

IELTS Requirements

Listening	Reading	Writing	Speaking	Overall
5.5	5.5	5.5	5.5	6

Remarks:

Indian Students IELTS Waiver::-

• Only Below State Boards are eligible for IELTS Waiver – Karnataka State, Maharashtra State, Tamil Nadu State, West Bengal State,AP (2018 Board exam onwards only ) Telangana ( 2018 Board exams onwards only )
• 75% in Standard XII English language from SSCE,CBSE,ICSE,CISCE