Data Science (machine learning) uses computer algorithms to build models of the future.  Our MSc in Actuarial Management with Data Science will enable you to develop the skills to build and apply such models in an actuarial context. 

In addition, the degree is fully accredited with the Institute and Faculty of Actuaries in the UK for actuarial subjects: CP1, CP2, CP3, SP2, SP4, SP5, SP6 and SP9.  Studying subject SP9 leads to the internationally recognised Certified Enterprise Risk Actuary (CERA) qualification. 

These subjects cover a variety of areas including life insurance, risk management, investment, derivatives, pensions, communication and modelling.  Combining your choice of these with your development in machine learning skills will prepare you well for the modern world.  You choose the combination that works for you.

Completing this degree gets you close to qualification as an actuary, with only one or two exams left to complete after leaving university.  It typically speeds up your qualification by one or two years.

Self-Taught Courses On Enrolment

On enrolment, you will gain access to the following self-taught courses that you can use (if you wish):

• Introduction To R Programming
• Introduction To Python Programming (For R Users)
• Report Writing

In addition, enrolment at Heriot-Watt University gives you free access to LinkedIn Learning which contains thousands of online courses covering a wide range of subject areas.

Studying in Edinburgh

Edinburgh is a wonderful city close to the sea in Scotland in the United Kingdom.  Heriot-Watt Edinburgh campus is established just to the west of the city in a beautiful green space.  Transport links into the city centre are regular and travel by bus takes thirty minutes – and so you can choose the mix of city and campus life that you like best. 

Edinburgh is the financial heart of Scotland and many such companies are based there.  It is also a centre of arts and culture, with the famous Edinburgh International Festival taking place in August each year.

It is built on seven hills, and views regularly emerge and surprise as you walk the cobbled streets in the old town, or explore the beautiful sandstone buildings in the new town.  Edinburgh Castle rises high in the centre of Edinburgh and is a big attraction for tourists.

Access to all other cities in the UK is straightforward, with fast travel to London for instance taking only 4 hours.

English Language Requirements

If your first language is not English, we'll need to see evidence of your English language ability.

The minimum English language requirement for entry to this programme is IELTS 6.0 (or equivalent) with no score lower than 5.5.

If you do not have IELTS 6.0, we offer a range of English language courses to help you meet the English language requirement for this programme prior to commencing your studies.

Please see our detailed English language requirements.