Master of Science (Actuarial and Financial Science)

Actuaries and financial mathematicians apply mathematical models and numerical tools to practical applications, such as financial markets. They gather statistical data on the financial decisions that people make. This provides a critical insight for business and government, helping them to make more informed decisions – especially in uncertain economic climates. In this course, you will learn how to help organisations plan for the future and protect themselves from losses. The core units cover the principles of finance, investment science, risk analysis and credibility theory. Optional units include practical mathematical financial modelling, applied statistics and numerical methods. On completion of this course, your skills may be applied to insurance, pensions, healthcare, banking, business management and risk assessment. You may also play a role in determining company policy and explaining complex technical matters to company executives, government officials, shareholders, policyholders and the public.