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Which schools are good for studying actuarial science in Britain?
Introduction to actuarial specialty

It is said that at present, there are no more than 10 actuaries recognized in the world insurance industry in China, and there are about 50 actuaries in China. Our population base is 654.38+03 billion! Therefore, actuaries are the "golden collar among the golden collars" and one of the top professions with the highest value and highest status. It is said that the annual salary is easy 1 10,000, which is really enviable. This is the actuary, the master of numbers and the owner of wealth!

Actuarial majors in Britain need to study applied mathematics, economics, accounting, investment, finance, insurance and many other disciplines. The history of actuaries in Britain has been mentioned for 60 years. The British Association of Actuaries was founded in 1948, and became the Royal Chartered Institute in 1984, so it still has a place in the world.

It is also difficult to become an actuary in Britain. The qualification examination of actuaries is quite harsh, so there are very few actuaries in China, about 8,000 people, which is very high compared with Britain.

According to the outline of the Actuarial Society of Britain, actuarial specialty * * * includes 9 courses, which can be taught by self-study or by someone with a professional background. After 9 courses, you can be certified as an actuary. These nine courses are: Statistics.

Methods (probability statistics), financial mathematics (financial mathematics), stochastic modeling (stochastic model), survival.

Model (survival model), life insurance mathematics (actuarial mathematics of life insurance), risk

Theory, economics, finance and financial reporting, finance.

Economics (financial economics).

Generally, the starting salary after graduation from university is between 25,300 and 35,000 pounds, and the annual salary of new actuaries in insurance companies is between 46,000 and 55,000 pounds.

Conditions for studying actuarial major

Actuarial major requires students to have strong computing ability, so your undergraduate major can be mathematics, statistics or physics. Other engineering students with strong computing ability or statistical background are also acceptable.

In terms of language requirements, IELTS requires a minimum score of 6.5, and each item is not less than 6.0.

Recommended by famous actuarial schools

Cass business school

Cass Business School is the first actuarial school in Britain.

School), a city university, ranked the top three in the world for many years. Cass Business School has been certified by AMBA, EQUIS and AACSB, and it is one of the top three business schools in the UK 13.

Enjoy a high reputation in the same field in Britain. The instructors are all elites in the industry. The subject is closely related to the actuarial examination, and the corresponding subjects can be exempted after obtaining the master's degree. Therefore, Cass Business School in the city, especially in finance and business, has always had higher requirements.

The Master of Actuarial Management requires undergraduate students to apply, and IELTS requires 7.0 (writing is not less than 6.5).

london metropolitan university

Although the comprehensive ranking of City University is 47th, its accounting major ranks higher. In 20 13 years, the major of the times ranked in the top of 10, so the requirements for finance and business have always been relatively high. Actuarial Management (Master of Science)

Non-cultural management requires undergraduate application, and IELTS requires 7.0 (writing is not less than 6.5), so the language requirement is a great challenge for China students.

University of Manchester

An old British university, a member of the famous red brick university. Manda Business School enjoys a world-renowned reputation and has obtained AACSB, EQUIS,

AMBA, so the actuarial profession is second to none in the UK.

Postgraduate courses (practical science

MSC) requires applicants to have relevant academic background (such as mathematics and statistics). ), degree 2: 1 (equivalent to the average score of domestic universities 2 1 1 about 80), IELTS 6.5 (writing is not less than 6.0, other projects are not less than 5.5).

University of Kent

The Master of Actuarial Science program is the most distinctive and attractive degree program of Kent University, and its curriculum is consistent with that of British research institutes and departments.

The subjects of the international professional qualification examination for actuaries are exactly the same. Most of the courses are taught by famous actuaries and contain rich practical links. Graduates of the Master of Actuary of Kent University can obtain the actuarial qualification of corresponding subjects without examination.

Kent University generally requires an average academic score of about 80 points, and IELTS requires 6.5 points (not less than 6 points in writing and reading, and not less than 5.5 points in other projects).

heriot watt university

The Department of Statistics and Financial Mathematics of Heriot Watt University is an internationally certified leading actuarial teaching and research institution and enjoys a high reputation in the same field in the UK. His research in actuarial mathematics, financial mathematics, probability and statistics was rated as 5 points (the highest score in Britain on a 5-point scale).

The Master of Actuary Program of Heriot Watt University is a simultaneous course of industry qualification examination jointly designated by the British Actuarial Society and Actuarial Association. After successfully passing the master's degree, students of this major will have the opportunity to be exempted from up to 9 actuarial qualification examinations.

Compared with the established universities, Hewa's entry requirements are relatively low, generally requiring an average academic score of about 80 points and an IELTS score of 6.5 points (an average of 5.5 points can be matched with 12 weeks of language courses).

This is a good opportunity for those students who want to study actuarial science, but their undergraduate grades are not ideal.

Leeds University

The performance of the University of Leeds has always been quite satisfactory, and it firmly occupies the 30th place in the comprehensive ranking of The Times of 20 12 and 20 13. Its actuarial finance (MSC actuarial

Finance) requires related majors (such as mathematics, statistics, economics, finance, etc. ), and the IELTS requirement is also about 6.5 (not less than 6.0 for a single item).