Entry to the actuarial profession is by a demanding series of examinations, but the rewards after qualifying are great. The Institute and Faculty of Actuaries in the UK has four levels of examinations to qualify. The first level, the Core Technical (CT) subjects, are taught in our BSc or MSc in Actuarial Science and lead to exemptions from CT1 to CT8. Our MSc in Actuarial Management is an established and successful programme covering the more advanced actuarial subjects and offering exemptions from the syllabuses of the Core Application subjects CA1 and CA3 and Specialist Technical subjects ST2, ST4, ST5, ST6 and ST9 of the Institute and Faculty of Actuaries. Students will typically study CA1, CA3 and up to three ST subjects (two ST subjects are needed to satisfy the profession's requirements). Taking our MSc in Actuarial 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. A student who graduates with a full set of exemptions from Heriot-Watt (CT, CA and ST subjects) will only have three more examinations to pass, as well as gaining the necessary work experience, to qualify as a Fellow of the Institute and Faculty of Actuaries. Actuarial Management Diploma course takes 9 months to complete. Actuarial Management MSc takes 1 year to complete.
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