Actuarial Science

Actuarial science qualification is a passport to a wide variety of careers in insurance companies, investments, pensions, health care and banking throughout the world

Across the board wherever there is risk, there are opportunities for actuaries. This gap is expected to rise. And the recent financial crisis in the recent years is a testimony to that need and gap. Such crises have further highlighted the immense and key skills actuaries bring to the table.

Actuaries measure and manage risk. Combining knowledge in math, statistics and business management, actuaries typically work for insurance companies, consulting firms and financial institutions. The U.S. Bureau of Labour Statistics says that employment of actuaries is projected to grow 22% from 2016 to 2026, much faster than the average for all occupations. And actuaries often rank high on lists of top STEM careers, top-paying jobs and even best jobs for women. (Source: Pennsylvania)

So, if you're keen on advancing your education in the field of Finance, a Master’s degree in Actuarial Science may have crossed your mind. Now allow us offer you some points that may help you make up your mind about where you should study!

Firstly, a Master's or MSc in Actuarial Science can be attempted by Mathematics, Statistics, Finance or Business graduates from any reputed college. This Master course covers vital financial and business related topics such as accounting, risk management, insurance, corporate finance, macro and micro economics, and of course, statistics among others.

Secondly, the scope of Actuarial Science as a career option is wide and highly topical. Armed with a Master degree in Actuarial Science, you can instantly be hired as a Financial specialist, Investment Professional or Consultant in both the public and private sectors, anywhere in the world. Actuaries are highly specialised and in-demand professionals for all types of businesses and organisations, especially when educated in a recognised and respected international university.

Top Universities offering a Master Degree in Actuarial Science

The MSc in Actuarial Science offered by Cass Business School is a highly regarded degree due to the respect and accreditation that this University has from the UK Actuarial Profession – a well-recognised actuarial professional body in the UK.

This makes this particular course one of the best in its class and among the most widely accepted. The course material and tuition is superior and of the finest quality. Students have the opportunity to interact and be instructed by industry experts via live lectures and online support groups. The MSc in Actuarial Science from Cass Business School is an elite program that proposes a bright future for all its students.

The MactSc program at the University of Waterloo is well known for its cutting edge curriculum and instruction. The University boasts of an advanced Centre of Actuarial Excellence, appointed so by the Society of Actuaries.

This course is a rigorous and demanding one that churns our polished and highly skilled professionals. Students from all over the world aspire to study at the University of Waterloo owing to its excellent employment rates in Canada and abroad.

For more details on the above or other universities offering a Master degree in Actuarial sciences, contact STORM today for a consultation.