Detailed Program Facts

Application Fee

  Application Fee: CAD 0 FREE

Tuition Fee

 CAD 24,850 per year

*Note: The fee is approximate and is subject to change

Living Cost in University of Strathclyde

  CAD 9,207 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

• IELTS
  • Minimum Overall Score - 6.0 - 5.5 - With No Band Less Than
• TOEFL
  • Minimum Overall Score - 73.0  Minimum Listening - 17.0  Minimum Reading - 18.0  Minimum Writing - 18.0  Minimum Speaking - 20.0  

• Minimum Level of Education Required: To be accepted for this program, students must have a Bachelor's degree.

• Minimum CGPA Required: 55.00 %

Additional Information

Careers:

• A career as an actuary is named one of the safest careers there is by a CareerCast report in 2016.
• The increasing accessibility of healthcare and changes to insurance regulation are driving high demand for actuaries and, once qualified, actuaries are able to work anywhere in the world.
• Graduates of this course wishing to pursue a career as an actuary will typically work at an insurance company or at a consultancy.
• Most graduates enter the profession by joining a company as an actuarial trainee or risk analyst at the same time as studying for professional exams.
• Most trainees begin their careers in the financial services industry, particularly in the traditional employment areas of insurance and pensions.

Work Placement:

• You may be able to undertake an industrial-based MSc project, mostly provided by practising actuaries. This takes place in the third semester of the course between June and September. The placement may be based in the UK or in another country.

Scholarships

The new increased scholarship awards available for our January ’25 intake applicants and offer holders, to mark the conclusion of our Diamond Jubilee year.

Faculty of Engineering

• New scholarship value – Typically £6,240 (15% reduction, depending on tuition fee rate)
• New scholarship deadline – 10^th January 2025
• Application process – Awards will be issued automatically to eligible offer holders. No further scholarship application is required

Faculty of Humanities and Social Sciences

• New scholarship value - £6,000-£7,000 (depending on tuition fee bracket of programme)
• New scholarship deadline – 31^st January 2025
• Application process – Scholarship award will be confirmed upon receipt of deposit payment. No further scholarship application is required

Faculty of Science

• New scholarship value - £7,000-£9,000
• New scholarship deadline – 10^th January 2025
• Application process – Awards will be issued automatically to eligible offer holders. No further scholarship application is required

Strathclyde Business School (no changes)

Diamond Jubilee Award

• Scholarship value - £7,000-£8,000 (depending on programme)
• Scholarship deadline – 10^th January 2025
• Application process – automatically awarded upon offer of study

Masters Scholarships

• Scholarship value - £9,000-£12,000 (depending on programme)
• Scholarship deadline – 4^th December 2025
• Application process – Please complete scholarship application form

MBA Scholarships

• Scholarship value - £9,00-£17,000
• Scholarship deadline – 4^th December 2025
• Application process – Please complete the MBA scholarship application form

MBA Deans Excellence Award

• Scholarship value – 50% of full-time MBA Tuition fee
• Scholarship deadline – 4^th December 2025
• Application process – Please complete the MBA scholarship application form

There are various options through which a student can get a post study work visa in the UK. 
Tier 1 Graduate Entrepreneur Visa for the graduates with a genuine and credible business idea. 
Tier 2 (General) is the leading immigration visa to work in the UK.
Tier 4 Doctorate Extension Scheme is for students who have completed their Ph.D. and is valid for 12 months for them to work, look for work or set up a business. 
Tier 5 Youth Mobility is for individuals of certain countries like Australia, Canada, Japan, Monaco, Hong Kong, South Korea, Taiwan, and New Zealand aged between 18 -30 who wish to move to the UK. 
Tier 5 GAE is for individuals who want to come to the UK for work experience, training, research or a fellowship. 
UK Ancestry is for individuals who are a citizen of a commonwealth and plan to work in the UK and have a grandparent who was born in the UK.