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Master of Science in Actuarial Science and Management

Master of Science in Actuarial Science and Management

at Heriot-Watt University - Edinburgh Campus United Kingdom

Overview

This exciting 2-year MSc programme is designed to kick-start your career as an actuary, preparing you to take a leading role in managing risk in financial institutions worldwide.

Entry to the actuarial profession is by a demanding series of examinations, but the rewards after qualifying are great. Students that enrol onto this programme will follow the syllabus of MSc Actuarial Science in their first year and the MSc Actuarial Management programme in their second.

Taking our MSc in Actuarial Science and 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.

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30

Application Processing Days

Under Graduate

Program Level

Fact & Figures

Full Time On Campus

Study Mode

24

Duration

Heriot-Watt University - Edinburgh Campus

Location

Master of Science in Actuarial Science and Management Assistant Fee

$21016

Tuition Fee

$0

Average Cost of Living

$0

Application Fee

Master of Science in Actuarial Science and Management Admissions Requirements

  • Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor’s Degree.
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Where would you like to study*

Work Permit United Kingdom

There are various options through which a student can get a post study work visa in the UK. 
Tier 1 Graduate Entrepreneur Visa for the graduates with a genuine and credible business idea. 
Tier 2 (General) is the leading immigration visa to work in the UK.
Tier 4 Doctorate Extension Scheme is for students who have completed their Ph.D. and is valid for 12 months for them to work, look for work or set up a business. 
Tier 5 Youth Mobility is for individuals of certain countries like Australia, Canada, Japan, Monaco, Hong Kong, South Korea, Taiwan, and New Zealand aged between 18 -30 who wish to move to the UK. 
Tier 5 GAE is for individuals who want to come to the UK for work experience, training, research or a fellowship. 
UK Ancestry is for individuals who are a citizen of a commonwealth and plan to work in the UK and have a grandparent who was born in the UK.
 

Detailed Program and Facts

30

Application Processing Days

Full Time On Campus

Program Intensity

Under Graduate

Program Level

24

Duration

Study Visa

English Test Requirement

6.5

Minimum Overall Score

79.0

Minimum Overall Score

58.0

Minimum Overall Score

Other Courses by Heriot-Watt University - Edinburgh Campus,United Kingdom

If you want to start your career with a year's work experience in hand, then you should consider this course. It combines the rigorous studies of the BSc (Hons) Computer Science (Data Science) with a year of work placement in level 4. Good performance means 12 months experience of working in an organisation in the computing sector. The Diploma in Industrial Training is gained through successful completion of the work placement. The work placement helps you to develop specific work-related skills, giving you the opportunity to apply and build upon the theory you’ve learned. This course aims to give a well-integrated balance of theoretical underpinnings and practical experience, strongly informed by the research expertise of our academic staff.

60 month

Duration

$ 20584

Tuition

At Heriot Watt, we are delivering a new MSc programme in Subsurface Energy Systems (SES) that will edcate you about unlocking energy resources with a low carbon footprint. This will be a stepping stone for your career in industry, government, non-government organisations (NGOs) or academia.

The programme addresses key concepts in subsurface energy and CO2 storage, geothermal energy or transitional gas while integrating geoscience, engineering, political and societal aspects. It will appeal to geoscientists, reservoir engineers, governmental stakeholders and all those interested in the management of subsurface reservoirs used to switch from a fossil fuel-driven economy to a decarbonised one, using natural gas as a transitional energy resource. Its production from unconventional reservoirs comes with environmental risks that we have to assess and control. This degree is delivered jointly by The Lyell Centre and the Institute of GeoEnergy Engineering.

The recent report by the Intergovernmental Panel on Climate Change predicts serious consequences from further emitting CO2 into the atmosphere, thereby accelerating man-made climate change. This requires a drastic decarbonisation of our economies by switching from fossil fuels to renewable energies like wind, solar, hydro, or geothermal or by implementing carbon capture and storage (CCS) at scale. Renewable energies can readily be used in the form of electrical power. When electricity production exceeds the demand, electricity can be stored in grids or batteries at limited capacity. At larger scale, electricity can be stored in the subsurface after conversion to, for example, hydrogen, thermal energy, or compressed air until needed, allowing for back-production within short and longer time scales of hours to years.

In comparison to temporary energy storage, CCS aims at safe and permanent storage. The UK and especially offshore storage sites in Scotland are attractive targets for CCS and considered to extend the lifetime of oil and gas reservoirs significantly, thereby strengthening the related industrial sectors. The combined technologies of geothermal energy production, subsurface energy storage or CCS refer to the geoengineering aspects of subsurface energy systems (SES). In this context, SES rather refers to the integration of geoenergy applications with energy production at the surface as well as economic, societal and policy aspects.

There is a significant demand globally for research and training in these technologies, given that many small and large integrated oil and gas companies are decarbonising their assets, which at the same time, needs to be monitored and regulated by governmental bodies. Councils across the UK and Europe are increasingly looking at the subsurface for storing or producing energy.

12 month

Duration

$ 29960

Tuition

This degree offers a thorough grounding in the major branches of Civil Engineering but with a focus on aspects most relevant to Structural Engineering. The aims of the programme are similar to those for Civil Engineering but with a stronger emphasis on the analysis, skills and knowledge appropriate to Structural Engineering design. In addition, this degree aims to cultivate skills for the creative development of designs for construction projects. An unrivalled range of specialist options is available in Year 5 and students complete a professional design project.

All Structural Engineering degrees are supported by the Civil Engineering Industry Advisory Committee, which includes representatives from major multi-national employers offering advice, guidance and work placement opportunities.

60 month

Duration

$ 20584

Tuition

The MSc International Management and Business Communication programme concentrates on developing professional communication skills in business contexts, as well as an understanding of intercultural and international business issues.

While students on this programme are not required to work in any language other than English, the skills you develop can of course be applied in any professional communication context, regardless of language. There is a broad range of optional courses in professionally relevant subjects so that students can choose exactly which areas they would like to specialise in and can therefore tailor the programme to their interests and their professional needs.

If you would like to pursue study of another language in addition to English, you may prefer to take the MSc Translating for Business degree, which allows you to develop language, communication and translation skills specific to a business context in English plus your choice of one or two other languages from French, German and Spanish.

12 month

Duration

$ 17304

Tuition

The five year MEng Software Engineering degree is an integrated Masters course, which augments the first three years of the BSc Computer Science with the professional skills necessary for constructing robust, secure systems. Students spend the start of the fifth year on a paid industrial placement. Organisations that recent students have been placed with include Skyscanner, Leonardo, Cadence, BlackRock and Satalia. Many of our students go on to secure an offer of employment from their placement employer.

Teaching excellence and student satisfaction:
'Software Engineering' at Heriot-Watt is ranked 1st in Scotland and joint 1st in the UK for overall satisfaction in the National Student Survey 2018. 100% of students were satisfied overall with their course.

60 month

Duration

$ 20584

Tuition

The International Master in Industrial Management (IMIM) is a unique multi-site masters programme offered through a strategic partnership of leading universities in the area of industrial management.

This 24-month programme is studied at Heriot-Watt University (HWU) Edinburgh for Semester 1, then Universidad Politécnica de Madrid (UPM) for Semester 2, then your choice of Politecnico di Torino, Northwestern Polytechnical University of Xi’an, Tecnológico de Monterrey, or Heriot-Watt Dubai for Semester 3.

Semester 4, the Master Thesis, can be studied 'anywhere in the world' at a university with links to the IMIM Consortium or other industrial or public organisations - it is organised for you as part of the programme and gives you the opportunity to put your learning into practice.

The overall aim of the program is to provide students from a scientific or engineering-based background with business skills relevant for pursuing managerial careers in internationally orientated manufacturing and service industries.

Following completion of this degree, you will be able to design and manage complex organisations and industrial endeavours, in particular those where technology plays a key role. You will be able to diagnose problematic situations in those organisations and then conceive, and put into practice, alternative solutions and processes of continuous improvement.

We have designed this degree to address the challenges of globalisation in an increasingly digital world. We've created a program structure that offers a coherent but also diverse set of pathways beginning with the principles of management in today’s world through to the value chain and the operations within it. In addition, you are able to specialise in one of three key fields of management – innovation in industry and services; technology and entrepreneurship; or the challenge of execution.

Another key feature of the program is its integrative teaching approach aimed at developing the ability of students to tackle managerial issues in an interdisciplinary manner. The fourth semester is entirely devoted to industry-related project work in close collaboration with companies, forming the basis for a master thesis to be submitted towards the end of the semester.

The international education of IMIM students is a valuable asset to be spent in global companies and makes it easier for our graduates to find a job in one of the 27 EU Member Countries, or outside Europe in companies linked with Europe. IMIM alumni are developing their careers in different functional roles, different industries and different geographical locations.

Successful candidates will achieve both an MSc in Industrial Management (International) from Heriot Watt University and an International Master in Industrial Management from Universidad Politécnica de Madrid.

24 month

Duration

$ 18500

Tuition

This degree covers the main disciplines of structures, geotechnics, plus both water and transportation engineering. The degree is designed to give you the knowledge and skills you need to become a Chartered Civil Engineer. The core curriculum concentrates on analysis and materials behaviour, covering the main disciplines. The later years specialise more on design and management. Throughout, there’s an emphasis on your personal development within a professional environment.

Our Civil and Structural Engineering degrees are supported by an industry advisory committee involving representatives from major multi-national employers. The panel supports our degrees ensuring our curriculum delivers exactly what the industry needs and that our graduates are work ready.

48 month

Duration

$ 20584

Tuition

The MSc International Management and Business Communication with Marketing programme concentrates on developing professional communication skills in business and marketing contexts, as well as an understanding of intercultural and international business and marketing issues.

The structure of the programme is designed to provide graduates with access to a range of professions and managerial careers within businesses engaged internationally, but in particular in the area of marketing.

Alongside the practical skills and knowledge acquired, students will also engage in independent research, providing a potential route to research training in cognate disciplines at a higher level.

12 month

Duration

$ 17304

Tuition

The Masters in Business Psychology at Heriot-Watt University is the most established MSc of its kind in Europe, enjoying a well-earned reputation for producing graduates who can improve the performance and behaviour of individuals and teams.

Business psychology is a discipline often referred to as occupational psychology and organisational psychology.

The MSc Business Psychology will give you an in-depth understanding of the psychological mechanisms that drive positive behaviours and performances in the workplace.

Whether you're coming from an industry position or directly from an undergraduate degree, this long-established programme of study will equip you with an effective blend of knowledge drawn from the specialist fields of psychology, management and leadership.

The content on this one-year masters degree programme has been tailored to meet the needs of those working towards a number of job roles, such as business psychology practitioner, human resources manager, organisational development manager, coaching consultant, management consultant or leadership consultant.

You will develop commercial awareness and an understanding of global organisations which will allow you to recognise the impact of the economy, politics, globalisation and the changing labour market on the psychology of a workplace and performance of individuals and teams.

Key skills for improving performance:

  • During the MSc Business Psychology you will explore different aspects of the psychological mechanisms behind workplace behaviour and gain the managerial skills that will allow you to enhance and improve performance of teams and individuals. You will build expertise in:
  • Coaching
  • Leadership
  • Diversity
  • Employment legislation
  • Organisational change
  • Organisational culture
  • Marketing and consumer behaviour.

You will study the areas of psychology that directly apply to business settings, and explore some of the key psychological research methods that can be practised in the workplace.

By viewing the workplace through a psychological perspective, and by developing your analytical, critical thinking, and reflection skills, you will learn to recognise and improve seemingly intangible aspects of the workplace which, when appropriately managed, can directly improve business performance in terms of:

  • Job satisfaction
  • Wellbeing
  • Leadership
  • Organisational commitment
  • Organisational culture
  • Performance and productivity.

Specifically-designed group tasks and presentations will allow you to develop your interpersonal and communication skills, giving you the platform to implement your expertise and directly improve the performance of diverse groups of individuals and teams at any level within an organisation. 

Throughout this programme you will learn from a unique blend of research-led academic teaching and industry-focused practical exercises. For example, on the Psychology of Coaching course you will develop knowledge in the theoretical frameworks of this area of psychology whilst gaining practical insights into the tools and techniques of lecturers who are experienced coaching practitioners and consultants.

12 month

Duration

$ 17304

Tuition

he MSc in International Marketing with Consumer Psychology provides insight into consumer behaviour against a background of international marketing concepts.

There are eight taught courses, divided equally over two semesters, followed by an international marketing with consumer psychology dissertation in semester 3.  Part-time students register for two courses per semester and progress to the dissertation at the end of their second year. Assessment is specifically designed to develop professional career readiness and includes several collaborative projects with industry partners.

There are two sets of mandatory courses.  The first set provides the foundation in international marketing concepts (International Strategic Marketing, Contemporary Consumer Behaviour, Marketing Metrics, Branding and Communications, Research Philosophy and Practice). The second set delivers insights into the application of psychology to marketing decision making (Introduction to Human Factors and Psychology for Marketing).

In Semester 3 the International Marketing with Consumer Psychology dissertation is the capstone course where students “deep-dive” into their chosen area of research.  Students will demonstrate their mastery of the subject area by developing new insight from analysis of valuable primary research.

12 month

Duration

$ 19752

Tuition

View All Courses by Heriot-Watt University - Edinburgh Campus, United Kingdom

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