The University of Manchester

Master in Actuarial Science

Manchester, United Kingdom Taught in English Open to international students

Introduction

The University of Manchester, located in Manchester, United Kingdom, is a prestigious red brick university and a member of the Russell Group. You'll benefit from its strong research focus, innovative history, and campus community. As a student here, you'll be part of a large yet compact university that offers the best of both worlds: city life and a close-knit community.

The university offers 826 programs, providing opportunities for you to explore different fields and subjects. Specifically, you'll have access to specialist libraries and extensive IT services that support teaching and research activities. With a strong focus on research and innovation, you'll be able to engage with various departments and research areas, helping you to develop your skills and knowledge.

On campus, you'll find a mix of grand Victorian buildings and modern facilities, including quiet corners, landscaped gardens, cafes, and common rooms. The university's location in Manchester allows you to experience city life while being part of a campus community. You'll be able to take advantage of the university's investment in its campus and facilities, including modern libraries and IT services, making your time here productive and enjoyable.

About the Program

The Master in Actuarial Science at The University of Manchester is a 1-year program for students with a Bachelor's degree. It provides a thorough training in mathematical tools and skills required for a career in actuarial science.

The curriculum covers topics like Markovian models, risk models, and mathematical finance, including the Black and Scholes asset pricing model and the Capital Asset Pricing Model. Students also learn risk management techniques and relevant statistical topics like Time Series and Generalised Linear Models, using software suites like R and Excel.

Graduates can pursue careers as Actuaries, Risk Managers, Insurance Analysts, Financial Analysts, or Data Scientists in industries like insurance, finance, and consulting, with potential employers including insurance companies, banks, and financial institutions.

Tuition in Context

This program's tuition is 30% above the typical master's in the United Kingdom.

Median tuition for that cohort is 27,309 USD, across 6,232 programs in our catalog.

Compare United Kingdom master's programs

English Test Requirement

This program asks for IELTS 6.5-7.5. Here's what that's worth on the other tests universities accept, based on the official concordance tables:

TOEFL iBT
79–93
PTE Academic
58–64
Duolingo
105–120
CEFR level
B2
Convert your own score

Equivalences are approximate — confirm the exact test and score the program accepts.

Similar Programs You Can Apply To

Direct application via Global Admissions is not available for this program. Browse similar partner programs below or visit the university's site to apply directly.

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