

MSc Actuarial Management with Data Science
- Public University
Department of Actuarial Mathematics and Statistics
MSc Actuarial Management with Data Science at Heriot Watt University Overview
MSc Actuarial Management with Data Science offered at Heriot Watt University is a PG level course, which is considered the top-ranked course across the university and the country. Students who are willing to apply, can pursue the course within the duration of 1 year.
The Heriot Watt University MSc Actuarial Management with Data Science has gained an aggregate ranking of #15 by Shiksha Popularity Ranking 2025.
International students applying at Heriot Watt University for the MSc Actuarial Management with Data Science, need to submit the necessary documents as per the department and the course including the qualification proof along with test scores of exams including IELTS and PTE. Additionally, it is recommended that the students apply for the course before the deadlines as the seats available at the university for the course are limited.
The Heriot Watt University tuition fees for MSc Actuarial Management with Data Science for the first-year international student is GBP 24,728. In addition to the tuition fees students need to look into other various factors that are necessary to manage their stay during the study at the university, which include the other necessary costs, covering accommodation costs, hostel fees, food, books, supplies, utilities, etc. The average cost of living at Heriot Watt University is GBP 7,950.
Duration | 1 year |
Tuition & Fees | ₹29.65 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
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MSc Actuarial Management with Data Science at Heriot Watt University Fees
The first-year Heriot Watt University fees for MSc Actuarial Management with Data Science is around GBP 24,728.
Besides the tuition cost, students must also consider the living costs, which includes accommodation, meals, travel expenses, course materials and supplies, and other miscellaneous expenses. For overseas students, the cost of living is around GBP 7,950. However, it varies as per the lifestyle of students.
For a detailed breakdown of the cost of attending the university for MSc Actuarial Management with Data Science, check out the below table:
Fees components | Amount (for 1 year) |
---|---|
Tuition & fees | INR 29,65,135 |
Fees components | Amount (for 1 year) |
---|---|
Hostel & Meals | INR 9,53,285 |
Total approximate fees | INR 9,53,285 |
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MSc Actuarial Management with Data Science at Heriot Watt University Entry Requirements
- 55%
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- Applicants must have following requirements :
- Entry requires an excellent Bachelors or Masters degree, and for the student to have studied, and be proficient in, the application of a wide range of the early actuarial material. Broadly speaking, students need to have covered previously much of the syllabus of early Institute and Faculty of Actuaries subjects: CM1, CM2, CS1, CS2, CB1 and CB2.
- For most of our Masters level programmes we require a good first degree in a relevant subject. From most Indian Universities, this means an overall score of 55% or above.
- We will consider students whose grades are slightly lower than this (52% or above) Universities of Delhi/ Mumbai/ Calcutta/ Madras/ Pune/ Bangalore/ Rajasthan and this will depend on other factors, such as any relevant work experience, the quality of the references you can provide etc.
- Applicants must have following requirements :

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- Marks - 60/90
- With a minimum of 58 in each component
- Marks - 6.5/9
- With no score lower and 6.0
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS

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MSc Actuarial Management with Data Science at Heriot Watt University Application Process
MSc Actuarial Management with Data Science at Heriot Watt University Rankings
Rank | Rank Publisher |
---|---|
#25 | |
#31 | |
#127 |
Heriot Watt UniversityStudents Ratings & Reviews
- Friendly
- Academically oriented
- Multi-dimensional
- Easy going
- 67% students never faced discrimination in this university

MSc Actuarial Management with Data Science at Heriot Watt University Highlights
- Data Science (machine learning) uses computer algorithms to build models of the future. Our MSc in Actuarial Management with Data Science will enable sgtudents to develop the skills to build and apply such models in an actuarial context.
- In addition, the degree is fully accredited with the Institute and Faculty of Actuaries in the UK for actuarial subjects: CP1, CP2, CP3, SP2, SP4, SP5, SP6 and SP9. Studying subject SP9 leads to the internationally recognised Certified Enterprise Risk Actuary (CERA) qualification.
- These subjects cover a variety of areas including life insurance, risk management, investment, derivatives, pensions, communication and modelling. Combining your choice of these with your development in machine learning skills will prepare you well for the modern world. You choose the combination that works for you.
MSc Actuarial Management with Data Science at Heriot Watt University Scholarships
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