Universities United Kingdom Queen's University Belfast Courses MSc Actuarial Science

MSc Actuarial Science
at Queen's University Belfast

Belfast, United Kingdom

Tuition Fee £ 26,500
Country Rank-
Duration12 Months
Score IELTS: 6.5 TOEFL: 90

Program Overview

The MSc Actuarial Science is a full-time postgraduate programme aimed primarily at students with undergraduate degrees from quantitative disciplines such as maths, statistics, finance or any other programme with a high degree of mathematical content.

Course Content
Modules:
- Corporate Finance
- Actuarial Mathematics 2
- Actuarial Mathematics 1
- Computational Methods in Finance
- Economics
- Applied Research Project
Entry Requirement
Entry to graduate diploma or taught masters programmes at Queen's University Belfast usually requires either a UK upper second-class (2:1) or a lower second-class (2:2) undergraduate degree. For most courses, your major subject or content of your Bachelor degree may also be considered.
UK Upper Second-Class Honours (2:1) : First Division Pass and a minimum final average of 58 - 60% (in the traditional system), or CGPA 5.8 - 7.5 on the 10 point scale; depending on the institution attended and the grading system used.
UK Lower Second-Class Honours (2:2) : Second Division Pass and a minimum final average of 53 - 55% (in the traditional system), or CGPA 5.3 - 6.5 on the 10 point scale; depending on the institution attended and the grading system used.

Fees & Scholarships

International Tuition Fees:

£26500 per year

Career Prospect

Actuaries primarily work in insurance and financial services, which are heavily regulated and require a number of statutory disclosures. Graduates from the Actuarial Science programme obtain employment across the world, but particularly in Dublin and London. Dublin has seen an influx of financial services companies either entering the market for the first time or increasing their footprint in Ireland, as a result of the United Kingdom’s withdrawal from the European Union. Another primary driver for the demand for actuaries has been changes in legislation. A recent example is the implementation of Solvency II for the insurance industry, which caused a spike in the demand for actuaries and enabled actuaries to develop new transferable skills. Furthermore, the International Accounting Standards Board has published the new accounting standard for insurance contracts, IFRS 17. This standard was implemented in 2023 and there is a healthy demand for actuaries to help insurance companies embed the standard.

Cost Of Studying At Queen's University Belfast

Interest rates as low as 8.9% ^*

250K+

Students Assisted

800Cr+

Loan Amount Disbursed

5000+

Loans Sanctioned

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MSc Actuarial Science at Queen's University Belfast