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Actuarial Mathematics and Statistics

Heriot-Watt is an accredited, world-leading centre of teaching and research in actuarial mathematics, financial mathematics, risk management, probability and statistics.

Why study Actuarial Mathematics and Statistics at Heriot-Watt?

Our undergraduate actuarial programmes are all fully accredited by the Institute and Faculty of Actuaries (IFoA). Our full suite of undergraduate programmes is accredited by the Royal Statistical Society.

We are part of the Maxwell Institute for Mathematical Sciences and are recognised as a Center of Actuarial Excellence by the Society of Actuaries (SOA), North America. We are the only Center of Actuarial Excellence in Europe and one of only 30 other schools worldwide with this designation.

Over 30% of our teaching staff are qualified actuaries that have worked for some of the biggest names in the Acturial world, while others are leading mathematicians, financial mathematicians and statisticians, who are nationally and internationally recognised for their research.

Where can an Actuarial degree take you?

A degree in Actuarial Science is your perfect first step into a number of high paying, sought after fields, Including;

Actuarial Consultant: a role to evaluate, manage and advise companies on financial risks.

Business Analyst: a role where you examine the operations, structure and policies of an organisation

Risk Analyst: a role where you advise companies about the potential risks of new and existing projects

Underwriter: a role where you determine whether or not to accept applications for insurance coverage

Investment Analyst: a role where you work with traders, fund managers and stockbrokers to make investment decisions.

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