Sept 2027 Entry
1.5 years (Full-time)
3 years (Part-time)
31
The programme title was "MSc in Applied Mathematics for Science and Technology (Actuarial and Investment Science) 科技應用數學理學碩士(精算及投資科學)" before academic year 2026/27. The aims and curriculum are the same in the old and new programme titles.
Non-local applicants must be registered as full-time students.
Early Round: 2026-10-20
Main Round: 2027-02-25
Early Round: 2026-10-20
Main Round: 2027-02-25
What's New
- Taught Postgraduate
- Undergraduate
- Undergraduate
Programme Aims
The main aim is to provide students with a solid foundation of actuarial and investment science. Graduates will become leading professionals in addressing business and societal problems that require identification, quantification, assessment or management of the financial implications of risk.
Characteristics
Our programme provides graduate-level subjects with an emphasis on the advanced methodologies and techniques of actuarial and investment science that are useful to financial and actuarial professionals.
Our focus is on applications and the use of software packages to handle real-world data and solve practical problems.
In recent years, our graduates have continuously secured internship positions in leading insurance companies and investment banks as actuaries and data analysts in both Hong Kong and Chinese Mainland.
Programme Structure
Students studying for the MSc award need to complete the following:
- (Option 1) 6 Compulsory Subjects (18 credits) + 4 Elective Subjects (12 credits), or
- (Option 2) 6 Compulsory Subjects (18 credits) + 1 Elective Subject (3 credits) + a Dissertation (9 credits)
There is also a 1-credit compulsory subject, Academic Integrity and Ethics in Computer and Mathematical Sciences.
For details of the programme structure, please refer to https://www.polyu.edu.hk/ama/study/pg/msc-actuarial-and-investment-science/.
Core Areas of Study
6 Compulsory Subjects (18 credits)
-
Credibility Theory
-
Investment Science
-
Life Contingencies
-
Loss Models and Risk Analysis
-
Probability and Stochastic Models
-
Statistical Inference
Academic Integrity and Ethics in Computer and Mathematical Sciences (1 credit)
Elective Subjects (12 credits):
- Any 4 subjects from below list; OR
- Dissertation (9 credits) and 1 Elective subject (3 credits)
-
Advanced Topics in InsurTech
-
Advanced Topics in Quantitative Finance
-
Applied Linear Models
-
Current Topics in Actuarial Science
-
Forecasting and Applied Time Series Analysis
-
Mathematics of Derivative Pricing
-
Mathematics of Finance
-
Optimization Methods
-
Principles of Corporate Finance
-
Quantum Computing for Data Science
-
Statistical Data Mining
31
Programme Leader
Prof. Lou Yijun
BSc, MSc, PhD
Deputy Programme Leader
Prof. Fu Guanxing
BSc, MSc, DSc
Assistant Programme Leader
Mr Angus Yeung
BSocSc, BSc, MPhil
-
A Bachelor's degree with Honours in engineering, computer science, basic science, business, economics, or the equivalent.
If you are not a native speaker of English, and your Bachelor's degree or equivalent qualification is awarded by institutions where the medium of instruction is not English, you are expected to fulfil the University’s minimum English language requirement for admission purpose. Please refer to the "Admission Requirements" section for details.
Please contact Mr Tim Tsui, Programme Secretary
(tel: (852) 2766 6947; email: msc.ais@polyu.edu.hk).
HK$10,900 per credit for local and non-local students
(Note: There is no tuition charge for the 1-credit Academic Integrity and Ethics subject.)
Required
Required
Please submit all relevant professional qualifications/examination results obtained, e.g. Society of Actuaries (SOA) examination results.
