BSc Actuarial Science
University of Essex
Key Information
Campus location
Colchester, United Kingdom
Languages
English
Study format
On-Campus
Duration
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Pace
Full time
Tuition fees
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Application deadline
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Earliest start date
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Introduction
BSc Actuarial Science
Through developing expert abilities in mathematics and discovering how these can be applied to financial situations, you will improve your capacity to make successful financial decisions and understand how you can turn risk into opportunity.
Our BSc Finance and Mathematics course offers you modules in mathematics, accounting, economics and actuarial science. Our business-focused course equips you with the knowledge and skills that are in demand by employers, and in particular in financial markets or corporate careers that involve financial decision-making and problem-solving.
You gain a thorough grounding in both finance and mathematics, investigating topics including:
- Corporate finance
- Portfolio management
- Applying mathematical, statistical and probabilistic techniques
- Programming and computation in languages such as Matlab and R
- Micro- and macro-economics
Admissions
Scholarships and Funding
Several scholarship options are available, please visit the university website for more information.
Curriculum
Year 1
- Introduction to Finance
- Introduction to Economics
- Calculus
- Statistics I
- Matrices and Complex Numbers
- Mathematical and Computational Modelling
- Mathematics Careers and Employability
Year 2
- Quantitative Foundations of Finance
- Corporate Finance
- Portfolio Analysis
- Microeconomics (Intermediate)
- Ordinary Differential Equations
- Statistics II
- Survival Analysis
- Mathematics Careers and Employability
Final Year
- The Pricing of Securities in Financial Markets
- Mathematics of Portfolios
- Mathematics Careers and Employability
Program Tuition Fee
Career Opportunities
As a new course, we expect our graduates of BSc Actuarial Science to become actuaries in a range of industries. It is predicted by the US Department of Labor that the employment of actuaries is expected to grow faster than any other occupation, making it a great prospect for a graduate job.
Aside from a rewarding career as an actuary, clear thinkers are required in every profession, so the successful mathematician has an extensive choice of potential careers.
Program delivery
BSc Actuarial Science: 3 years
BSc Actuarial Science (Including Year Abroad): 4 years
BSc Actuarial Science (Including Placement Year): 4 years
- Teaching mainly takes the form of lectures – you study roughly two 50-minute lectures and one 50-minute class per week, per module
- Take a mathematics careers and employability module, where you compile a portfolio of skills and experience