Actuarial Mathematics & Statistics

We are a world-leading centre of teaching and research in actuarial mathematics, financial mathematics, risk management, probability and statistics. Heriot-Watt was the first in the UK to offer a specialised programme in actuarial mathematics.

Our BSc and MSc actuarial programmes are all fully accredited by the Institute and Faculty of Actuaries (IFoA). Our full suite of undergraduate programmes is accredited by the Royal Statistical Society.

We are part of the Maxwell Institute for Mathematical Sciences, pooling research and postgraduate activity with the University of Edinburgh, and we are home to the Scottish Financial Risk Academy.

We are recognised as a Center of Actuarial Excellence by the Society of Actuaries (SOA), North America. We are the only Center of Actuarial Excellence in Europe and one of only 30 other schools worldwide with this designation. With roots dating back to 1889, the Society of Actuaries (SOA) is the world's largest actuarial professional organization with more than 28,000 actuaries as members.

Additionally, we were awarded prizes for the Best Paper in two of the six categories at the 2018 International Congress of Actuaries. We were the only UK university to win a prize, and the only university in the world to win two prizes.