Actuarial Science

Entry requirements

We will consider all applicants with 2:2 or above, or equivalent international qualifications. For some courses, there may be additional requirements which can be found on our website.

Months of entry

October

Course content

Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries quantify the probability and manage the risk of future events in areas such as insurance, healthcare, pensions, investment and banking, as well as in non-financial areas. This course is taught by the School of Mathematics, Statistics and Actuarial Science and is intended for those with a first degree in mathematics, statistics, economics or finance looking to acquire knowledge in actuarial science.

Our Postgraduate Diploma Actuarial Science course is based on the syllabus of the majority of the core subjects of the Institute and Faculty of Actuaries, so you cover the following subjects as part of your course:

• CB1 (Business Finance), depending on the optional module selected
• CM2 (Financial Engineering and Loss Reserving)
• CS2 (Risk Modelling and Survival Analysis)

This focus on up-to-date research findings in actuarial methodologies and actuarial applications means that you gain solid training in actuarial modelling and actuarial analysis.

You can also specialise on a topic of choice, such as:

• actuarial and financial modelling
• general insurance
• life insurance

You also have the chance to study a problem in-depth through a Masters thesis project on a subject chosen by you or your supervisor.

Information for international students

Entry requirements: You can find international entry requirements for most countries on our international students webpage. If your country is not listed, please contact Postgraduate Admissions at pgadmit@essex.ac.uk.

Fees and funding

There are a wide range of funding options for postgraduate study, including scholarships, bursaries and alumni discounts. You can check your eligibility on our fees and funding webpage.