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Entry to the actuarial profession is by a demanding series of examinations, but the rewards after qualifying are great. The Institute and Faculty of Actuaries in the UK has four levels of examinations to qualify. The first level, the Core Principles (CS, CM and CB) subjects, are taught in our BSc or MSc in Actuarial Science and lead to exemptions from subjects CS1, CS2, CM1, CM2, CB1 and CB2.
Our MSc in Actuarial Management is an established and successful programme covering the more advanced actuarial subjects.
Students will typically study CP1, CP2, CP3 and up to three SP subjects (two SP subjects are needed to satisfy the profession's requirements).
Taking our MSc in Actuarial Management is a great way to speed your progress to this most prestigious of careers - it's designed to take you almost all of the way to qualification.
The School is fully accredited by the Institute and Faculty of Actuaries (IFoA) for 2019/20.
Center of Actuarial Excellence
Heriot-Watt University is 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.
Teaching excellence and student satisfaction
30% of our teaching staff are qualified actuaries, the others are leading mathematicians, financial mathematicians and statisticians, who are nationally and internationally recognised for their research. This expertise ensures that what we teach you is current, applicable to the real workplace and current economy. Our National Student Survey results are consistently high for overall student satisfaction.
Student Actuarial Society
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 our students.
Watch a video
Visit our YouTube channel to watch short videos from our students and graduates, and see an example of a lecture at Heriot-Watt. The most recent video made is of the following Actuarial student Sherry Zhang. It was filmed in the Edinburgh city centre near the famous landmark, the Edinburgh Castle.