Master of Science - Actuarial Management

The MSc in Actuarial Management is fully accredited with the Institute and Faculty of Actuaries in the UK for subjects: CP1, CP2, CP3, SP2, SP4, SP5, SP6 and SP9. In addition, studying subject SP9 leads to the internationally recognised Certified Enterprise Risk Actuary (CERA) qualification. It is also possible to "catch up" with some of the earlier subjects that students may have missed – such as CB1, CB2 or CM2.

These subjects cover a variety of areas including life insurance, risk management, investment, derivatives, pensions, communication and modelling. Students choose the best combination for themselves. Completing this degree gets students close to qualification as an actuary, with only one or two exams left to complete after leaving university. It typically speeds up their qualification by one or two years.

Heriot-Watt University is the only Centre of Actuarial Excellence (as recognised by the society of actuaries (SOA) – North America) in Europe. Heriot-Watt has a very active Students' Actuarial Society which won several awards at a recent Heriot-Watt 'Oscars' ceremony. This body is completely managed, enthusiastically and professionally, by its students.