This degree has been designed to meet the needs of actuarial employers and those from other sectors requiring financial risk managers. It focuses on developing skills in the areas of life and non-life insurance, pensions, finance and investment. The Actuarial Management master’s course is fully accredited by the UK Institute and Faculty of Actuaries and allows you to study the key areas of actuarial practice.
Who is it for?
You are a part-qualified actuary or a graduate from a recognised BSc or MSc in Actuarial Science or any other recognised programme with an actuarial flavour. You will have completed the equivalent of at least four subjects from the Core Principles stage of the professional examinations of the Institute of Actuaries, including both Actuarial Mathematics (CM1) and Actuarial Statistics (CS1).
The MSc in Actuarial Management programme covers material relating to the second and third stages of the professional examinations of the Institute and Faculty of Actuaries, namely the Core Practices subjects and Specialist Principles subjects.
Taking this master’s degree at Cass means you are studying in the first institution in the UK to have both undergraduate and postgraduate programmes fully accredited by the UK Institute and Faculty of Actuaries.
You can also gain exemptions from the IFoA’s examinations. In particular you can gain exemptions in Actuarial Practice (Subject CP1), Modelling Practice (Subject CP2) and Communications Practice (Subject CP3) and most of the Specialist Principles (SP) subjects.
In early 2019 significant changes were made to the curriculum of Institute and Faculty of Actuaries professional exams.
Exam passes and exemptions achieved under the previous curriculum maybe eligible for conversion to the Curriculum 2019 structure in line with the transfer guidelines published by the IFoA.