HONG KONG POLYTECHNIC UNIVERSITY · HONG KONG
Master of Science in Actuarial and Investment Science
Master's · Taught in en
At a glance
18 mo
Duration
6.0
IELTS
€22k
Tuition / yr
en
Language
Master's
Level
- 18Credits for compulsory subjects
- 6Compulsory subjects
- 9Credits for dissertation (optional)
- QF Level 6Recognised under Qualifications Framework
- CEF ReimbursableCourses eligible for Continuing Education Fund
This Master of Science program equips students with advanced knowledge and quantitative skills in actuarial science and investment science. It provides a strong foundation for careers in the insurance and finance industries. The curriculum combines rigorous mathematical and statistical methods with practical applications in risk management, financial modeling, and investment analysis. The program is designed to prepare graduates for professional examinations and diverse roles in the financial sector.
Curriculum
The program requires students to complete a specific number of credits through a combination of compulsory subjects, additional core subjects, and potentially a dissertation. A compulsory 1-credit subject on Academic Integrity and Ethics in Science is also required.
- Full-time study (1.5 years)
- Optimization MethodsAMA505
- Applied Linear ModelsAMA514A
- Forecasting and Applied Time Series AnalysisAMA515A
- SimulationAMA518
- Optimal Control with Management Science ApplicationsAMA523
- Probability and Stochastic ModelsAMA528
- Statistical InferenceAMA529
- Mathematics of FinanceAMA530
- Loss Models and Risk AnalysisAMA531
- Investment ScienceAMA532
- Life ContingenciesAMA533
- Credibility TheoryAMA534
- Mathematics of Derivative PricingAMA535
- Statistical Data MiningDSAI5101
- Quantum Computing for Data ScienceAMA567
- Advanced Topics in Quantitative FinanceAMA568
- Current Topics in Actuarial ScienceAMA570
- Principles of Corporate FinanceAF5312
- Advanced Topic in InsurTechAMA5xx
- DissertationAMA590
- Academic Integrity and Ethics in ScienceFSN5T01
Careers
Graduates are prepared for a wide range of roles in the insurance, finance, and related industries. The program's strong quantitative focus and practical application of actuarial and investment principles equip students for challenging and rewarding careers.
- Actuary
- Actuarial Analyst
- Investment Analyst
- Risk Manager
- Quantitative Analyst
- Financial Modeler
- Underwriter
Frequently asked questions
- What are the tuition fees for the Master of Science in Actuarial and Investment Science programme?
- The tuition fee for international students is HK$200,000 per academic year. Home students pay HK$47,000 per academic year.
- How long does the Master of Science in Actuarial and Investment Science programme take to complete?
- The programme can be completed through full-time study over 1.5 years.
- What are the English language requirements for this programme?
- Applicants are typically required to have an IELTS score of 6.0.
- What are the career prospects after graduating from this programme?
- Graduates are prepared for roles such as Actuary, Actuarial Analyst, Investment Analyst, Risk Manager, and Quantitative Analyst in the insurance and finance industries.
- How do I apply for the Master of Science in Actuarial and Investment Science programme?
- You can apply online through the Hong Kong Polytechnic University e-Admission system, submitting required documents and paying an application fee of HK$450.
- Are there any scholarships available for this programme?
- The university offers merit-based University Scholarships and Departmental Scholarships, with amounts and specific details varying and to be announced by the department.
Entry requirements
Bachelor's DegreeA recognized Bachelor's degree or equivalent professional qualification.
IELTS6.0
Applicants are expected to have a good command of mathematics. Specific subject requirements may apply depending on the applicant's background. For non-local applicants, a valid passport is required. Successful applicants may be subject to an interview.
Fees
Tuition (international)HK$200,000 per academic year
Tuition (home)HK$47,000 per academic year
LivingEstimated HK$287,655 per academic year (including accommodation, meals, and personal expenses)
The estimated living cost includes university-managed accommodation for the first year (approx. HK$17,305), basic meal charges (approx. HK$52,000), and personal expenses (approx. HK$18,350). Accommodation for subsequent years needs to be arranged by the student. All fees are subject to change.
How to apply
1. Online ApplicationSubmit an application through the Hong Kong Polytechnic University e-Admission system.
2. Document SubmissionUpload all required supporting documents, including academic transcripts, certificates, and proof of English proficiency.
3. Application Fee PaymentPay the non-refundable application fee of HK$450.
4. Interview (if applicable)Shortlisted candidates may be invited for an interview.
5. Receive OfferSuccessful applicants will receive an offer letter from the university.
Scholarships
University ScholarshipsVaries
Departmental ScholarshipsVaries
Accreditation
Some courses are recognized under the Qualifications Framework (QF Level 6).
Frequently asked questions
What are the tuition fees for the Master of Science in Actuarial and Investment Science programme?
+
The tuition fee for international students is HK$200,000 per academic year. Home students pay HK$47,000 per academic year.
How long does the Master of Science in Actuarial and Investment Science programme take to complete?
+
The programme can be completed through full-time study over 1.5 years.
What are the English language requirements for this programme?
+
Applicants are typically required to have an IELTS score of 6.0.
What are the career prospects after graduating from this programme?
+
Graduates are prepared for roles such as Actuary, Actuarial Analyst, Investment Analyst, Risk Manager, and Quantitative Analyst in the insurance and finance industries.
How do I apply for the Master of Science in Actuarial and Investment Science programme?
+
You can apply online through the Hong Kong Polytechnic University e-Admission system, submitting required documents and paying an application fee of HK$450.
Are there any scholarships available for this programme?
+
The university offers merit-based University Scholarships and Departmental Scholarships, with amounts and specific details varying and to be announced by the department.