University of Southampton Campus
Master of Science
On Campus
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University of Southampton
Southampton
United Kingdom

Actuarial Science

About

The Master of Science in Actuarial Science at the University of Southampton prepares students for a successful career in risk assessment, focusing on the application of mathematics, statistics, and financial theory to understand and manage financial risks. This one-year, full-time program covers key areas such as life insurance, pensions, investment analysis, and risk management. Students will learn to use actuarial techniques to evaluate risks and make informed decisions in insurance, finance, and other related fields.

On-campus learning ensures that students gain the necessary skills in actuarial modeling, financial mathematics, and statistical analysis. Graduates are well-equipped to pursue professional qualifications in actuarial science and work as actuaries in insurance companies, pension funds, and government bodies, helping organizations manage financial risk and make sound financial decisions.

Key information

Duration
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Tuition fee
$35,310.00/year
Start dates & application deadlines
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More details
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Key Facts

  • Program Title: Actuarial Science
  • Degree Type: Master of Science
  • Duration: 1 year
  • Mode of Study: Full-time, On Campus
  • Application Deadline: 09 September 2026
  • Location: University of Southampton, United Kingdom
  • Field of Study: Actuarial Science
  • Language of Instruction: English

Program Structure

Semester 1 – Foundations of Actuarial Science and Risk Management

  • Introduction to Actuarial Science
  • Probability and Statistics for Actuarial Applications
  • Financial Mathematics and Models
  • Risk Management Principles

Semester 2 – Advanced Actuarial Techniques and Applications

  • Life Insurance and Pension Plans
  • General Insurance and Risk Models
  • Actuarial Mathematics and Data Analysis
  • Research Project in Actuarial Science

Career Opportunities

Graduates of the Master of Science in Actuarial Science are equipped to pursue careers in risk management, insurance, and financial analysis. With expertise in statistical modeling, financial mathematics, and risk assessment, graduates can work as actuaries, risk analysts, insurance consultants, and financial planners. Opportunities exist in insurance companies, pension funds, financial institutions, consulting firms, and government agencies, focusing on actuarial risk analysis, financial modeling, and insurance solutions.

Why Choose This Program

This program offers an in-depth exploration of actuarial science and its applications in financial and risk management. Students will develop strong analytical skills in probability, statistics, and financial mathematics, preparing them for high-level actuarial roles. The program also provides practical training in insurance and risk modeling, ensuring that graduates are well-prepared for a dynamic career in the actuarial field. The University of Southampton’s collaboration with industry experts and its focus on real-world applications offer students valuable opportunities to gain experience in the ever-evolving insurance and risk management sectors.


Contact Information

For further information, please contact the admissions office at:
Phone: +44 (0)23 8059 5000
Email: admissions@soton.ac.uk
Address: University of Southampton, Highfield, Southampton, SO17 1BJ, United Kingdom