UNIVERSITY OF LEICESTER · UNITED KINGDOM
Actuarial Science with Data Analytics MSc, PGDip
Master's · Taught in en
At a glance
12 mo
Duration
6.0
IELTS
€28k
Tuition / yr
en
Language
Master's
Level
- Potential exemptions from all IFoA Core Principles examsIFoA Exemptions
- Focus on Data Analytics and industry-standard softwareData Analytics
- Development of business and communication skillsTransferable Skills
- Accredited by the Institute and Faculty of Actuaries (IFoA)Accreditation
- Full access to Microsoft 365 Copilot for AI integrationAI Integration
- Option to gain exemptions from Core Principles or Core Practices subjectsFlexible Exemptions
This Master's program is designed for individuals seeking to launch a career in actuarial science while developing strong data analytics skills to solve complex business problems. The curriculum offers flexibility, allowing students to pursue exemptions from the Institute and Faculty of Actuaries (IFoA) Core Principles exams, or to focus on advanced data analytics topics. Teaching emphasizes practical application of mathematical and statistical knowledge using industry-standard software, combined with the development of essential business and communication skills. Graduates will be well-prepared for roles in insurance, pensions, banking, risk assessment, and beyond, equipped to evaluate financial implications and contribute effectively to organizations.
Curriculum
The MSc program includes a core Data Science module, followed by a selection of optional modules. Students can choose modules to maximize IFoA exam exemptions or to delve deeper into advanced data analytics. The PGDip offers exemptions from Core Principles exams. The MSc also includes optional modules focusing on actuarial modeling, statistical analysis, and financial engineering. A professional skills module and a communications project are also available.
- Year 1 (MSc)
- Fundamentals of Data ScienceMA7419
- Actuarial Modelling 1MA7401
- Markov ProcessesMA7404
- Statistical Distributions and InferenceMA7403
- Financial Engineering for ActuariesMA7471
- Business MicroeconomicsMA7411
- Operational ResearchMA7077
- Business FinanceMA7402
- Actuarial Modelling 2MA7405
- Survival ModelsMA7414
- Statistical Data AnalysisMA7206
- Liability ModellingMA7266
- Business MacroeconomicsMA7412
- Generalised Linear ModelsMA7021
- Introduction to Functional Data AnalysisMA7202
- Data Mining and Neural NetworksMA7022
- Actuarial Professional Skills and EmployabilityMA7421
- Actuarial Practice WorkshopMA7434
- Actuarial Communications ProjectMA7422
- Business Economics
Careers
Graduates are prepared for diverse roles in insurance, pensions, healthcare, banking, business management, and risk assessment. The program equips students with the analytical and problem-solving skills necessary to evaluate financial implications for businesses and institutions.
- Actuary
- Risk Assessor
- Business Analyst
- Data Analyst
- Insurance Professional
- Pension Specialist
- Financial Manager
Frequently asked questions
- What are the tuition fees for international students for the Actuarial Science with Data Analytics MSc?
- For September 2026 entry, the tuition fee for international students for the MSc program is £24,250. A deposit is required to secure your place, which is deducted from the total tuition fee.
- What are the academic entry requirements for this program?
- Applicants typically need a 2:1 degree in Mathematics, Statistics, Sciences, or Economics. Graduates from other subjects may be considered if they can demonstrate appropriate mathematical ability, such as a B grade at A-level.
- What are the English language proficiency requirements for international applicants?
- International applicants must achieve an IELTS score of 6.0 overall. The university also offers English language courses for students who do not meet these direct entry requirements.
- What career paths can I pursue after graduating from this program?
- Graduates are prepared for roles such as Actuary, Risk Assessor, Business Analyst, Data Analyst, Insurance Professional, Pension Specialist, and Financial Manager. The program equips students with skills relevant to insurance, pensions, healthcare, banking, and business management.
- Does this program offer exemptions from professional actuarial exams?
- Yes, the program is accredited by the Institute and Faculty of Actuaries (IFoA) and offers potential exemptions from all IFoA Core Principles exams. Students can choose modules to maximize these exemptions or focus on advanced data analytics.
Entry requirements
Relevant Bachelor's DegreeA 2:1 degree in Mathematics, Statistics, Sciences, or Economics. Graduates from other subjects may be considered if they demonstrate appropriate mathematical ability (e.g., a B at A-level).
IELTS6.0 overall
International qualifications will be assessed on a country-specific basis. The university offers English language courses for students who do not meet the direct entry requirements.
Fees
Tuition (international)MSc: £24,250; PGDip: £19,400 (for September 2026 entry)
Tuition (home)MSc: £13,600; PGDip: £12,920 (for September 2026 entry)
Living—
International students are required to pay a deposit to secure their place, which is deducted from the total tuition fee.
How to apply
1. Check Entry RequirementsEnsure you meet the academic and English language requirements for the program.
2. Submit ApplicationComplete the online application form, providing all necessary details.
3. Provide Supporting DocumentsUpload transcripts, certificates, and any other required documentation.
4. Pay DepositIf an offer is made, international students will need to pay a deposit to secure their place.
Scholarships
Alumni Discount20%
Accreditation
The Actuarial Science degrees are accredited by the Institute and Faculty of Actuaries (IFoA), offering potential exemptions from IFoA exams.
Frequently asked questions
What are the tuition fees for international students for the Actuarial Science with Data Analytics MSc?
+
For September 2026 entry, the tuition fee for international students for the MSc program is £24,250. A deposit is required to secure your place, which is deducted from the total tuition fee.
What are the academic entry requirements for this program?
+
Applicants typically need a 2:1 degree in Mathematics, Statistics, Sciences, or Economics. Graduates from other subjects may be considered if they can demonstrate appropriate mathematical ability, such as a B grade at A-level.
What are the English language proficiency requirements for international applicants?
+
International applicants must achieve an IELTS score of 6.0 overall. The university also offers English language courses for students who do not meet these direct entry requirements.
What career paths can I pursue after graduating from this program?
+
Graduates are prepared for roles such as Actuary, Risk Assessor, Business Analyst, Data Analyst, Insurance Professional, Pension Specialist, and Financial Manager. The program equips students with skills relevant to insurance, pensions, healthcare, banking, and business management.
Does this program offer exemptions from professional actuarial exams?
+
Yes, the program is accredited by the Institute and Faculty of Actuaries (IFoA) and offers potential exemptions from all IFoA Core Principles exams. Students can choose modules to maximize these exemptions or focus on advanced data analytics.