M.Sc. in Actuarial Science
A bachelor’s degree in Science or in a Mathematics related field of a recognized University OR Any other equivalent qualification acceptable to the University of Colombo AND Any other requirement stipulated in the program.
Note: A good knowledge of G.C.E. Advanced Level mathematics or equivalent will be required to follow this program.
Being in the heart of the Insurance, Finance and Banking sectors, Actuaries are in high demand in Sri Lanka and even internationally.
Course Aims
Professionals in the field of Actuarial Science are lacking in Sri Lanka to meet the demand of the fast growing Actuarial Profession in the country. Adequate numbers of professionals are not generated within the education systems in Sri Lanka. The only mechanism, currently available, to become professionals in this field is to follow the UK or US examinations and acquire the knowledge, professionalism and the qualifications. These examinations are mainly done through self-study mode and only a few would qualify effectively, usually taking over 6-7 years. The examinations are also quite costly with only a few students having the economic background to afford them. This course is aimed at providing facilities for a majority to have access to gain knowledge in this area in an effectively supervised and an affordable manner.
Programme Structure
Part I: Coursework (26 credits)
Part II: Industrial Project (5 credits)