MSc in Actuarial ScienceMSc in Actuarial ManagementMSc in Insurance & Risk Management

MSc Programmes

Actuarial ScienceActuarial Management Insurance & Risk Management

Mathematical Trading & FinanceQuantitative FinanceFinancial Mathematics

Real Estate Real Estate Investment

Shipping, Trade & FinanceEnergy, Trade & Finance

ManagementGlobal Supply ChainMarketing, Strategy &

Innovation

Finance Corporate Finance Investment Management Banking & International Finance International Accounting

& FinanceReal Estate InvestmentFinance and Investment

(part-time only)Wealth Management

(part-time only)

SHIPPING, TRADE & FINANCE

ACTUARIAL & INSURANCE FINANCE

QUANTITATIVE FINANCE

MANAGEMENT

REAL ESTATE

Why choose Cass Business School?

International reputationQualified actuaries on teaching staffProfessional exemptionsWorld-class facilitiesExcellent teaching assessmentCass rated second in world for

research in insuranceExcellent careers service

MSc in Actuarial ScienceDr Douglas Wright, PresenterDr Iqbal Owadally, Course DirectorEva Matiaskova, Admissions Officer

Professional linksStaple Inn Actuarial SocietyReception for students at Institute

of ActuariesAnnual students’ lectureCareers events and professional

development

Who should applyMSc in Actuarial Science (AS) is

suitable forActuarial trainees who are at an early

stage of their trainingProspective entrants to the actuarial

profession

MSc in Actuarial ScienceOffers eight Core Technical subjects of

of Actuarial Profession (CT1-CT8)Minimum of 5 CT subjects requiredMSc = 5 CTs + 5 Short Electivesor MSc = 5 CTs + 1 Short Elective

+ Project

Core technical subjectsCT1 – Financial MathematicsCT2 – Finance and Financial ReportingCT3 – Probability & Mathematical StatisticsCT4 – ModellingCT5 – ContingenciesCT6 – Statistical MethodsCT7 – Business EconomicsCT8 – Financial Economics

Professional exemptionsCourse is accredited by the

UK Institute and Faculty of ActuariesStudents scoring at least 65% as an

average in their actuarial subjects are eligible for exemptions from that group of subjects

Exemptions are also awarded on a subject by subject basis for students not meeting the accreditation requirements

TERM I

10 teaching weeks

TERM IIINDUCTION

Careers W

eek / Introduction

Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul

Timetable for MSc

10 teaching weeks

Aug

Specialisation

TERM III

Term I Exams

Term II Exams

Term III – route 11. Take five short elective modules, for example:

• Stochastic Asset Models for Actuarial Use• Introduction to Copula Modelling• Modelling and Data Analysis• Model Office Building in Life Insurance• Visual Basic in Finance• Behavioural Finance• Hedge Funds• Credit Risk Management

Choice out of portfolio of more than 60 modules

Term III – route 22. Alternatively take only one of the above short modules and in addition carry out a 10,000 word Business Research Project

Business Research Project

MARCH MAY JULY

Submit a project plan based on a topic in actuarial theory or practice by end March

Topic of student’s choice Word limit of 10,000 Research training provided in Term I Supervision from member of Faculty

Start dissertation in May after approval of project plan

Complete dissertation by end July

A brief selection of employers of Actuarial Science graduates

MSc/Diploma in Actuarial Science intake by nationality region 2013/14

UK23%

Europe15%

Overseas62%

ApplyingOnline applicationMinimum 2:1 Honours degree in a mathematical subject

and B grade in A-Level Maths (or equivalent)English language proficiency (TOEFL/IELTS)Two references (at least one academic)Original transcriptsCV and Personal Statement Conditional/unconditional decisions normally within 4-6

weeks on a rolling basis

Key people

Eva Matiaskova, Admissions Officeremail: eva.matiaskova.1@city.ac.uk

Dr Iqbal Owadally, Course Director and Admissions Tutor

See website atwww.cass.city.ac.uk/actscienceCourse brochure and application form available online

MSc in Actuarial Management

Dr Douglas Wright, Course DirectorEva Matiaskova, Admissions Officer

Who should applyMSc Actuarial Management (AM) is suitable for: Experienced actuarial trainees, accomplished in

most of the core technical subjectsGraduates with actuarial degreesStudents who wish to complete the

intermediate and specialist stages (CA and ST subjects) of actuarial education

TERM I

10 teaching weeks

TERM IIINDUCTION

Careers W

eek / Introduction

Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul

Timetable for MSc

10 teaching weeks

Aug

Specialisation

TERM III

Term I Exams

Term II Exams

MSc in Actuarial ManagementCompulsory modules Actuarial Risk Management CA1 – Part I Actuarial Risk Management CA1 – Part IIPlus a minimum of three modules from the following electives: Health Insurance (ST1) Life Insurance (ST2) Pensions & Other Benefits (ST4) Finance & Investment A (ST5) Finance & Investment B (ST6) General Insurance: Reserving & Capital Modelling (ST7) General Insurance: Pricing (ST8) Model Documentation, Analysis and Reporting (CA2 – non-exemption) Finance & Financial Reporting (CT2) Modelling (CT4) Contingencies (CT5) Statistical Method (CT6) Financial Economics (CT8)

Professional exemptionsCourse is accredited by the

UK Institute and Faculty of ActuariesStudents scoring at least 62% as an

average in their actuarial subjects are eligible for exemptions from that group of subjects

Exemptions are also awarded on a subject by subject basis for students not meeting the accreditation requirements

Term III – route 11. Take five short elective modules, for example

• Enterprise Risk Management• Stochastic Asset Models for Actuarial Use• Introduction to Copula Modelling• Modelling and Data Analysis• Model Office Building in Life Insurance• Visual Basic in Finance• Behavioural Finance• Hedge Funds• Credit Risk Management• Model Documentation, Analysis and Reporting

Choice out of portfolio of more than 60 modules

Term III – route 22. Alternatively take only one of the above short modules and in addition carry out a 10,000 word Business Research Project

Business Research Project

MARCH MAY JULY

Submit a project plan based on a topic in actuarial theory or practice by end March

Topic of student’s choice Word limit of 10,000 Research training provided in Term II Supervision from member of Faculty Students who follow this route will be considered for an

exemption in subject CA3 Communications

Start dissertation in May after approval of project plan

Complete dissertation by end July

A brief selection of employers of Actuarial Management graduates

MSc/Diploma in Actuarial Management intake by nationality region 2013/14

UK18% Europe

2%

Overseas80%

Admissions information Students should have completed at

least five of the CT subjects of the Institute and Faculty of Actuaries, either by previous exemption or by private study, including Subjects CT1, CT3 and CT7

English language proficiency (TOEFL/IELTS)

Two references (at least one academic)

CV and Personal Statement

Key peopleEva Matiaskova, Admissions OfficerEmail: eva.matiaskova.1@city.ac.uk

Dr Douglas Wright, Course Director andAdmissions Tutor

See website atwww.cass.city.ac.uk/actmanCourse brochure and application form available online

MSc in Insurance & Risk ManagementDr Cherie Chen, Course DirectorSharron Charles, Course OfficerEva Matiaskova, Admissions Officer

Why Insurance & Risk Management?

One year full time or two years part timeExemption route for ACII holders International emphasisPractical orientationBroad scopeStrong global alumni networkProfessional exemptions...

Professional Qualifications: Credits and Exemptions

Chartered Insurance Institute210 credits towards the Advanced Diplomaexaminations of the Chartered Insurance Institute.

60 credits towards the CII Advanced Diplomain Financial Planning.

Institute of Risk ManagementThree exemptions from the examinations ofthe Institute of Risk Management (IRM).

TERM I

4 Core Modules

• Theory of risk and insurance markets

• Principles of finance and financial analysis

• Risk management

• Insurance law and regulation

TERM II

*Chosen from a portfolio of over 80 electives

INDUCTION

Careers W

eek / Introduction

Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul

Timetable for MSc in IRM

4 Core Modules

• Accounting and financial management in insurance

• General insurance

• Risk analysis and modeling

• Business organisation and corporate strategy in insurance and financial services

Aug

Business Research Project and 3 electives*

TERM III

Sample of useful electives (over 80 available)

Alternative Risk Transfer (ART)

Claims management*Credit risk managementFinancial derivativesFinancial methods in

insuranceFinancial risk management Islamic financeLiability insurance*

*CII accredited

Employee BenefitsMarine, Aviation and

Transport insurancesMarketing financial

services*Operational risk

managementProperty insuranceReinsurance*

MSc in Insurance and Risk ManagementKey Facts: 2013/4 intake24 Nationalities

Average age• Full time – 25 years• Part time – 28 years

Ratio of female to male students 51:49

Average work experience• Full time – 2.9 years• Part time – 7 years

Some employers of IRM graduates… Accenture AON Corporation AXA Group Aviva Barclays Capital Brit Insurance Credit Suisse Deloitte Deutsche Bank Bank of America Royal Bank of

Scotland Goldman Sachs Heath Lambert HSBC

J P Morgan Jardine Lloyd

Thompson Zurich RBS Insurance Kiln Group KPMG Lloyd’s of London Lloyd’s Banking Group Marsh Munich Re PWC Royal & Sun Alliance

Samsung Insurance Swiss Re Tokyo Marine & Fire Willis Group JLT

Destination Survey for 2011/12 IRM graduatesData collected between 01/12/12 and 13/03/13

74%

21%

4%

1%

Response Rate = 86% (68 from 79)

Employed (including internships)

Job seeking

Other e.g. travelling, military service

Further Study

Applying Online application

University degree with 2.1 or higher, or non-UK equivalent

Provisional or full degree transcript

Two references academic and / or professional

GMAT (only if requested by Course Director)

English proficiency (TOEFL / IELTS)

CV and Personal Statement

Conditional / Unconditional decisions are rendered on a rolling basis within 4-6 weeks after receipt of the required documents

Course Director & Admissions Officer

Eva Matiaskova, Admissions OfficerEmail: eva.matiaskova.1@city.ac.uk

Dr Cherie Chen, Course Director and Admissions Tutor

See website atwww.cass.city.ac.uk/irmCourse brochure and application form available online

Getting on the right careers path

Career service: Year round strategy

One week of induction period dedicated to careers service activity

1 to 1 career guidance from experienced professionals

Recruitment presentations

Skills sessions & workshops

Online resources: CVs, job postings & email alerts

Getting on the right career pathskills sessions & workshops Careers Fairs Interview Skills CVs and Applications Networking Personal Impact Job Search Strategies Presentation Skills Working with Recruitment Agencies Assessment Centres Personal Branding

Get involved20-30 clubs are organised each year

Sporting clubs e.g. – basketball, adventure sports, badminton, golf, cricket, ski/snowboarding, squash

Business related clubs – investments, trading floor, emerging markets, actuarial society

Others include – dance, film, food and wine and country specific interest clubs

Active global community

GlobalAlumniNetwork 19,000 with lifetime

access to the global on-line Cass alumni community

Active global community

Cass Entrepreneurs Network: e.g., Trends in New Media, Christmas party

Cass Women in Business (CWIB) Speaker Series: e.g., Women in Technology, Lehman Brothers

Alumni receptions in cities including - Paris, Frankfurt, Shanghai, Hong Kong, Tokyo, Sao Paulo & New York

Regular country reunions, events & Lord mayors receptions - Moscow, Kuala Lumpur, New Delhi & Warsaw

43 events worldwide

Alumni Ball London

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