Actuarial science

Actuarial science applies mathematical and statistical skills to problems arising in applied subjects such as insurance, finance, commerce and government.

Actuarial science at Essex covers the full range of core skills essential for the profession. Our course gives you exemption from the main professional examinations, CS1, CS2, CM1, CM2, CB1, CB2, of the Institute and Faculty of Actuaries (IFoA), subject to your performance on certain modules. This means you can qualify as an actuary faster upon graduation. Being an actuary is a shrewd career choice - actuaries enjoy high rewards and have an excellent work/life balance.

Actuarial science uses principles from mathematics, statistics and probability to evaluate risks in a broad range of areas such as insurance, finance, commerce and government. 

Our postgraduate actuarial science courses are based on the syllabus of the Institute and Faculty of Actuaries, which means that you’ll cover most of its Core Technical subjects as part of your course.

This focus on up-to-date research findings in actuarial methodologies and actuarial applications means that you gain a solid training in actuarial modelling and actuarial analysis. 

The advent of the digital era has revolutionised the study of actuarial science, expanding its frontiers and posing new challenges. 
 
At research level, you will embark on a journey of independent study into this thriving subject. You’ll be supervised by internationally recognised experts in the areas of survival analysis, forensic economics, risk management, asset-liability management, performance evaluation of funds, and much more.