Master of Science [M.Sc] (Actuarial Science and Management)
STEM Course
2 years
Full Time
On Campus
Field of Study:
Ranked #401 out of 500 by ARWU Global Ranking 2022
₹21.1 L/Yr
£18,288 /Yr
The M.Sc Actuarial Science and Management program at Heriot-Watt University is a 2-years program. The tuition fee for M.Sc Actuarial Science and Management in 2023 at Heriot-Watt University was GBP 18288 (₹2109704). In 2021, the fee was GBP 24675 (₹2846508), reflecting a drop of GBP 6387 (₹736804)
Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | ₹2109704 (GBP 18288) |
Previous Year Tuition Fees
Year | 1st Year Fees |
---|---|
2021 | ₹2846508 (GBP 24675) |
Important Dates
No application deadlines are available, students have to apply as soon as possible.
- The MSc in Actuarial Science and Management is a 2-year program which is designed to kick-start the career as an actuary, preparing students to take a leading role in managing risk in financial institutions worldwide.
- Entry to the actuarial profession is by a demanding series of examinations, but the rewards after qualifying are great. Students that enrol onto this programme will follow the syllabus of MSc Actuarial Science in their first year and the MSc Actuarial Management programme in their second.
- Taking this MSc in Actuarial Science and Management program is a great way to speed your progress to this most prestigious of careers - it's designed to take you almost all of the way to qualification.
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Eligibility & Entry Requirement
Academic Eligibility:
- Students must have a strong mathematical background.
- The minimum entry requirement is the equivalent of a UK 2.1 degree in mathematics, statistics or a related discipline with a high mathematics or statistics content.
Indian Student Eligibility:
Indian students are eligible to apply if they meet one of the following eligibility criteria:
- Students must complete a 4-year undergraduate degree with first class in a relevant field from a recognized institution.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.
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Scores Required

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TOP Scholarships
Scholarship name | Award amount | Eligibility |
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Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
QS scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
Bharat Petroleum Scholarship 2020 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
VueVille Future Technology Scholarship | Scholarship per student₹ 1.2 L/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
Monica Cole Research Grant | Scholarship per student₹ 1.5 L/Yr$1,291 | Level Of StudyApprenticeship | TypeMerit-Based | |
Commonwealth Master’s Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
1st Formations Business Scholarship | Scholarship per student₹ 92,288/Yr$800 | Level Of StudyBachelor | TypeMerit-Based |
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