Actuarial Mathematics & Statistics
Actuarial Mathematics and Statistics was the first department of its kind in the UK and is now one of the world’s leading centres for teaching and research in these areas, achieving Grade 5 in the most recent UK Research Assessment. No other centre for actuarial study achieved such a high grade.
The wide variety of taught programmes and research opportunities offered is enough to satisfy anyone interested in taking forward a career in actuarial science, financial mathematics or statistics.
In this regard, as with other departments at Heriot-Watt, the active links to employers in the public and private sectors are strong and interaction is promoted and encouraged. This forms a backdrop to a lively employment scene for those with actuarial expertise, as the government and the financial services industry respond to global economic shifts. Heriot-Watt actuaries, financial mathematicians and statisticians are therefore extremely well placed to take advantage of the ever increasing demand for their skills and expertise.
Mathematical Sciences Research
We are part of the Maxwell Institute for Mathematical Sciences, a joint research institute bringing together within a single body the research activities of :
- The Department of Mathematics at Heriot-Watt University
- The Department of Actuarial Mathematics at Heriot Watt University
- The School of Mathematics at the University of Edinburgh
The institute obtained excellent results in the most recent Research Assessment Exercise, RAE 2008.
We are part of the Edinburgh Research Partnership in Engineering & Mathematics, alongside Edinburgh University, which consists of five joint research institutes and a joint graduate school.
We work closely with the financial services industry via the Scottish Financial Risk Academy.
Our research areas centre around:
- Probability & Statistics
- Actuarial & Financial Mathematics
