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Integrated Master in Science: Actuarial Science and Data Science

Risk is opportunity – being an actuary is a shrewd career choice. Our MSci Actuarial Science and Data Science is an Integrated Masters course that will teach you the art of turning risk into opportunity with the understanding of visualising data in actuarial applications and beyond. Such a skillset is crucial for the growing market for experts in data science with the collection and analysis of data being crucial to understanding how to improve, create and guide products and services across the globe.

Our attractive blend of actuarial science and data science will equip you with an understanding of real-world financial issues, efficient use of experimental design to provide fast and less expensive solutions, and computing skills essential for entering the actuarial and data science profession.

You’ll be taught theory and methods used by professional actuaries; on how to apply mathematical and statistical skills to minimise financial risk when the stakes are high, in areas such as commerce, government, insurance and finance. You’ll be provided with the crucial basis of core skills in data base programming and management, in developing data processing pipelines and in organising and analysing large and massive data sets.

Campus Information

Colchester campus

Wivenhoe Park, Colchester CO4 3SQ, United Kingdom

Intakes

Application Processing Time in Days: 20

Minimum English Language Requirements

English Level Description	IELTS (1.0 -9.0)	TOEFL IBT (0-120)	TOEFL CBT (0-300)	PTE (10-90)
Expert	9	120	297-300	86-90
Very Good	8.5	115-119	280-293	83-86
Very Good	8	110-114	270-280	79-83
Good	7.5	102-109	253-267	73-79
Good	7	94-101	240-253	65-73
Competent	6.5	79-93	213-233	58-65
Competent	6	60-78	170-210	50-58
Modest	5.5	46-59	133-210	43-50
Modest	5	35-45	107-133	36-43
Limited	4	32-34	97-103	30-36
Extremely Limited	< 4	< 31	< 93	< 30

Job Opportunity Potential

Demand for skilled graduates in the areas of mathematics, big data, data science and actuarial science is growing rapidly in both the public and private sector, and there is a predicted shortage of data scientists with the skills to understand and make commercial decisions based on the analysis of big data. It is predicted by the US Department of Labor that the employment of actuaries is expected to grow faster than any other occupation, making it a great prospect for a graduate job.

Aside from a rewarding career as an actuary, clear thinkers are required in every profession, so the successful mathematician has an extensive choice of potential careers. An incredible 89% of our undergraduate maths students are in employment or further study (Graduate Outcomes 2020).

We also work with our University's Student Development Team to help you find out about further work experience, internships, placements, and voluntary opportunities.

PSW Opportunity

2 Years

Admission Requirement / Eligibility Criteria

FOR INDIA

Most of our Undergraduate Bachelor degree courses will consider an average of 60% from the best four subjects from Indian high school qualifications. If you achieve 70% in English from CBSE or CISCE exam board qualification, you will not normally require a separate English language test score.

FOR BANGLADESH

Previous university/college study is required in addition to local high school qualifications for our Undergraduate Bachelor degree courses. We accept a number of international qualifications, including the International Baccalaureate with the majority of our courses requiring grade 30 or above, or the SATR with the majority of our courses requiring a minimum of 1100 out of 1600 with 550 in each test.

FOR NEPAL

Previous university/college study is required in addition to local high school qualifications for our Undergraduate Bachelor degree courses. We accept a number of international qualifications, including the International Baccalaureate with the majority of our courses requiring a grade 30 or above or the SATR with the majority of our courses requiring a minimum of 1100 out of 1600 with 550 in each test.

FOR SRI LANKA

Most of our Undergraduate Bachelor degree courses will consider BBB from Sri Lanka Advanced Level.

University of Essex

Colchester , England ,United Kingdom