at Heriot-Watt University - Edinburgh Campus United Kingdom
Overview
Data science today is becoming increasingly important within the actuarial field, and Heriot-Watt has developed this unique new programme to meet this growing actuarial demand.
Taking our MSc in Actuarial Management with Data Science is a great way to speed your progress to this most prestigious of careers - it's designed to take you almost all of the way to qualification. Our MSc in Actuarial Management is an established and successful programme covering the more advanced actuarial subjects.The MSc in Actuarial Management with Data Science introduces exciting new opportunities for actuaries of the future.
Entry to the actuarial profession is by a demanding series of examinations, but the rewards after qualifying are great. The Institute and Faculty of Actuaries in the UK has four levels of examinations to qualify. The first level, the Core Principles (CS, CM and CB) subjects, are taught in our BSc or MSc in Actuarial Science and lead to exemptions from subjects CS1, CS2, CM1, CM2, CB1 and CB2. Students will typically study CP1, CP2, CP3, two SP subjects (two SP subjects are needed to satisfy the profession's requirements) and two courses on data science applied to insurance.
Actuarial data science combines advanced statistical modelling and analysis with modern computational techniques in order to analyse potentially large datasets arising in insurance and finance. These analyses have the ability to improve forecasts and enhance decision making in an uncertain environment where rapid advancements in technology and data availability are transforming fields of actuarial work. Additionally, they are building synergies with new sectors such as medical and healthcare. This is an area of science and technology that is attracting significant interest and that will continue to grow for the foreseeable future, as more and more industries adopt data-driven and data-centric approaches.
Students graduating from the MSc will have excellent employment prospects that are not restricted to any one narrow sector of financial services. By their choice of IFoA subjects, they may target the life, pensions, asset management, investment and risk management sectors. They will be in demand in quantitative risk management roles in both banks and insurance companies, as well as fund management companies, hedge funds, consultancies, software vendors and regulatory authorities. The market for graduates with actuarial qualifications complemented with data science skills is growing fast and we expect that it will continue to grow for the foreseeable future.
30
Application Processing Days
Under Graduate
Program Level
Full Time On Campus
Study Mode
12
Duration
Heriot-Watt University - Edinburgh Campus
Location
$23112
Tuition Fee
$0
Average Cost of Living
$0
Application Fee
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There are various options through which a student can get a post study work visa in the UK.
Tier 1 Graduate Entrepreneur Visa for the graduates with a genuine and credible business idea.
Tier 2 (General) is the leading immigration visa to work in the UK.
Tier 4 Doctorate Extension Scheme is for students who have completed their Ph.D. and is valid for 12 months for them to work, look for work or set up a business.
Tier 5 Youth Mobility is for individuals of certain countries like Australia, Canada, Japan, Monaco, Hong Kong, South Korea, Taiwan, and New Zealand aged between 18 -30 who wish to move to the UK.
Tier 5 GAE is for individuals who want to come to the UK for work experience, training, research or a fellowship.
UK Ancestry is for individuals who are a citizen of a commonwealth and plan to work in the UK and have a grandparent who was born in the UK.
30
Application Processing Days
Full Time On Campus
Program Intensity
Under Graduate
Program Level
12
Duration
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This course addresses the current need for interdisciplinary knowledge. It encourages the adoption of a comprehensive approach towards the delivery of socially-sustainable urban transformation, from local-specific to strategic metropolitan and regional interventions. Students study the wide and diverse range of social, economic, and political processes that determine the contemporary urban environment, and acquire the tools and skills to propose urban projects of diverse scales and specificities.
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Duration
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Tuition
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The bulk of the world’s hydrocarbons come from producing assets – so-called 'mature fields'. In turn, these supply the bulk of the world’s energy.
Managing these assets is therefore a central aspect of global energy supply, and will become more so as the world’s giant fields become progressively more mature. Most industry jobs in exploration and production will be in this arena, requiring a talented workforce to fill them for decades to come.
Heriot-Watt's Institute of GeoEnergy Engineering has therefore created a new Master's programme to address this need. The topical content is necessarily broader than the existing IPE programmes, embracing not only geoscience, reservoir and well engineering but also surface engineering and the linkage between them in the form of Integrated Asset Management (IAM).
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12 month
Duration
$ 29960
Tuition
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48 month
Duration
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Tuition
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48 month
Duration
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Tuition
Arts & Humanities
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Gain specialist skills to tackle global environmental challenges in human and physical geography. We are ranked 5th in the UK for Town and Country Planning in the Complete University Guide 2021.
Studying geography at Heriot-Watt covers human geography, physical geography, social policy, economics and modern studies. It combines theory and practical work drawn from these main subject areas to create an inherently interesting and broadly defined university degree.
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Highlights:
48 month
Duration
$ 16000
Tuition
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12 month
Duration
$ 22912
Tuition
Engineering & Technology
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12 month
Duration
$ 20808
Tuition
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60 month
Duration
$ 20584
Tuition
Computer Science & IT
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48 month
Duration
$ 20584
Tuition
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