The first batch of the MSc Actuarial Management course at Heriot-Watt commenced last month. The course is targeted at student actuaries who already have exemptions or passed all CT exams of the Institute and Faculty of Actuaries.
The Actuarial Management course offers exemptions from CA1 (Actuarial Risk Management) and CA3 (Communications) as well as the ST exams, including ST9 (Enterprise Risk Management). This leaves graduates with only three professional exams remaining: CT9 (Business Awareness), CA2 (Model Documentation) (both of which are assessed by a two-day practical course in most cases) and one SA subject.
With this level of exemptions, successful graduates of the course can aim to get through all professional exams within one year.
Quoting Professor Angus Macdonald, head of AMS, regarding the new MSc course “We are delighted to be adding this prestigious programme to our long-running programmes in actuarial science, which have established the Department's excellent reputation worldwide."
A full list of modules studied can be found at: http://www.ma.hw.ac.uk/ams/teach/courses1112/index.php
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