MSc Actuarial Management

at Bayes Business School

Term 1

Compulsory modules:
Actuarial Practice (CP1) - Part I
The aim of this module is that upon successful completion, the candidate should understand strategic concepts in the management of the business activities of financial institutions and programmes, including the processes for management of the various types of risk faced, and be able to analyse the issues and formulate, justify and present plausible and appropriate solutions to business problems.

Strategic Management and Marketing
This module introduces the core elements of business management. It seeks to provide into three interrelated strands of business activity: general management, business strategy and marketing.

The module aims to develop an understanding of the challenges and opportunities associated with working in contemporary organisations. It explores the business concepts and the issues firms face in gaining competitive advantage. On completion, you should be capable of analysing business environments, corporate strategies and marketing plans.

Research Methods for Actuarial Professionals

• A UK upper second class degree or above, or the equivalent from an overseas institution, in a related subject and already covered the fundamentals of actuarial science at university degree or professional level
• Work experience is not a requirement of this course
• Applicants are required to have passed and/or as a result of previous studies, be exempted from the equivalent of at least four of the Core Principles examinations of the Institute and Faculty of Actuaries (including Core Mathematics (CM1))*

If you have been studying in the UK for the last three years it is unlikely that you will have to take the IELTS test

If you have studied a 2+2 degree with just two years in the UK you will be required to provide IELTS results and possibly to resit the tests to meet our requirements.

IELTS

• The required IELTS level is an average of 7.0 with a minimum of 6.5 in the writing section and no less than 6.0 in any other section.

UK/EU/International
£23,000
Tuition fees are subject to annual change

Fees in each subsequent year of study (where applicable) will be subject to an annual increase of 2%. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study for continuing students (where applicable).

Deposit: £2,000 (usually paid within 1 month of receiving offer and non-refundable unless conditions of offer are not met)

Our MSc Actuarial Management teaches you the technical skills and problem-solving techniques for a successful rewarding career as an actuary. This master’s degree reflects the changing skills expected from actuaries in the fields of life and non-life insurance, health and care, pensions, finance and investment.

We have many qualified actuaries on our teaching staff who use their commercial experience and research to inform their teaching. Our academics maintain close links with the industry with many having worked, or still working, in their specialist sectors. Our graduates’ benefit from our contacts with numerous fantastic City firms, moving into positions in those firms every year.