Actuarial Science

The Actuarial Science MSc program fromXi'an Jiaotong-Liverpool Universityisa full time postgraduate program aimed primarily at students with undergraduate degrees from the disciplines of mathematics, statistics, finance, insurance or any other program with a high mathematical content.

This Actuarial Science MSc program from Xi'an Jiaotong-Liverpool University covers a series of core modules mapping to the professional exams from the Institute and Faculty of Actuaries (IFoA) in UK and Society of Actuaries (SOA) in North America.

Upon completion of this program, the students will equip with a wide range of actuarial skills and problem-solving capabilities in risk management, stochastic modeling, data analysis, predictive analytics, and life and non-life insurance pricing and reserving etc.

The modules offered in this program will provide strong theoretical foundations and practical skills in mathematics, statistics, insurance, actuarial science, quantitative finance and business management. Those knowledge and skills can not only apply to traditional industries such as insurance, financial markets and emerging markets, but also involve with medical and health institutions, government management institutions, industry and engineering, education and agriculture, etc.

Through the study of these core modules, students will gain professional knowledge in following fields:

• Life and non-life insurance pricing and reserving
• Data analysis and predictive analytics for insurance and finance
• Probability and statistical models and methods in actuarial science and quantitative finance
• Asset and liability valuation models
• Insurance and financial risk measurement and management
• Corporate financial management

Career opportunities:

Some of our graduates become actuarial trainees and study for professional examinations. Others embark on some of the following lucrative careers:

• Investment banking and investment management

• Accountancy

• Commercial banking

• Insurance

• Financial analysis

• Management

• Consulting

• Regulation

• Computing and programming

• Research and teaching.

Courses include:

• Actuarial Mathematics

• Stochastic Modelling in Actuarial Science

• Actuarial Modelling

• Life Insurance Mathematics

• Advanced Statistical Learning Theory