MSc Actuarial Science with Business Analytics

This pathway is for you if you like to think about innovative tools – there is a rising need for these people in actuarial practice, and demand is far higher than supply. Our dedicated MSc in Actuarial Science with Business Analytics, established in 2020, aims to fill this gap.

Choose this MSc if you are interested in understanding the fundamentals of traditional areas of actuarial practice, and in taking advantage of unique opportunities to grow in the new areas of business analytics methods, machine learning, data management systems and natural language processing. You’ll already hold the equivalent of a UK upper second class degree in a highly quantitative programme, such as mathematics or statistics.

You will be taught and receive advice on study and exam techniques by qualified actuaries, academics and other subject-specialists with commercial experience and research expertise. Bayes Business School is currently ranked 1st in Europe for actuarial research according to the Top 50 UNL Global Research Rankings of Actuarial Science and Risk Management & Insurance.

This postgraduate programme, with a choice of study options, will ensure that you learn the right tools and cultivate the new skillset for actuaries and become competent and ready to harness these in an ever-changing global business environment.

Like our MSc in Actuarial Science, this pathway will offer you the choice of the Core Principles of the Institute and Faculty of Actuaries’ curriculum, enabling you to gain exemptions from Subjects CM1, CM2, CS1, CS2, CB1, CB2. Also recognising the importance of modelling and communication practices in a business environment, you will be given the opportunity to gain exemptions from Subjects CP2 and CP3.

Add further value to your course by studying four compulsory Business Analytics modules. You will learn how data analysis is performed in the real world and study machine learning techniques and their use in analysing complex data and designing predictive analytics methods.

If you succeed on the MSc in Actuarial Science with Business Analytics or MSc Actuarial Science you can also proceed to the MSc in Actuarial Management.

Bayes Business School is recognised as a Center of Actuarial Excellence (CAE) from the Society of Actuaries (SOA), one of the main actuarial professional bodies in the US. Together with our accreditation by the Institute and Faculty of Actuaries in the UK, this reinforces our establishment as a global hub for actuarial studies and intellectual capital development. Our courses are also recognised as preparing students for certain SOA actuarial exams.

Chat to one of our MSc Actuarial Science with Business Analytics students now and have them answer your questions on everything from application to student life.