This course brings together the business knowledge of Leeds University Business School and the mathematical expertise of the School of Mathematics to deliver a distinct specialist programme, which will help you secure a career in risk management.

Combining theoretical knowledge and technical expertise as well as the specialist knowledge and practical skills needed in the actuarial industry, the course is idea is you want a career in insurance, the pensions industry, healthcare, investment banking, or in any organisation where risk management plays an important role. 

Being a qualified actuary also provides you with the wide range of skills needed to undertake consultancy and advise on a range of different projects. This degree is also an excellent qualification for individuals seeking to undertake a PhD studies in areas such as, actuarial science, economics and finance as it combines cutting edge research with rigorous analytical skills.

Whichever path you take, you will graduate with a critical awareness of current issues in actuarial finance which is informed by current research and modelling techniques.

There are a number of scholarships available for this course. Click the Fees and Scholarships tab below for more information.

As an actuary you can work in  insurance, the pensions industry, healthcare, investment banking, or in any organization where risk management plays an important role.  Being a qualified actuary also provides you with the wide range of skills needed to undertake consultancy and advise on a range of different projects. 

Join us and you’ll also get support from our Postgraduate Career Management Centre, helping you develop key skills including networking and negotiating, and putting you in touch with potential employers.

This degree is also an excellent qualification for individuals seeking to undertake a PhD studies in areas such as, actuarial science, economics and finance as it combines cutting edge research with rigorous analytical skills.

 

Length of Course 12 Months
Mode of Delivery Full-Time
Start Date September
Related Courses MSc Accounting and Finance, MSc Banking and International Finance, MSc Economics and Finance, MSc Financial Mathematics, MSc Finance and Investment

Qualification Requirements

  • You should have a good first degree (2:1 or higher) in a relevant first degree such as mathematics, statistics, economics or finance. A background in finance or economics is desirable but not essential.  You must have a strong grounding in quantitative subjects with high scores in quantitative modules.
  • If you are not from the UK please visit equivalent qualifications to find out about entry requirements from non-UK countries.

English Language Requirements

If English is not your first language you need to attain one of the following:

  • IELTS test you need to achieve a score of 6 or more in each section and an overall score of 6.5.
  • TOEFL iBT: At least 94 overall with a minimum of 21 in Listening, 23 in Reading, 23 in Speaking and 24 in Writing.

Fees

  MSc Actuarial Finance
UK/EU: £9,000
International: £16,500

Scholarships

In addition to the numerous general scholarships offered by the business school, there are additional scholarships which Actuarial Finance students are eligible for.

MSc Actuarial Finance Excellence Scholarships

We are offering a number of £4,500 scholarships for self funding applicants from the UK/EU.

As well as meeting the conditions for your offer, you will need to be able to demonstrate the following;

  • Outstanding academic credentials i.e. are likely to be in the top 20 percent of your class
  • Evidence of achievement explained in your personal statement(for example, prizes or awards received, where you were placed in your class)
  • Strong academic reference(s)
  • That you bring diversity of background to the class

We will also consider your potential to be a successful ambassador for Leeds University Business School.