BSc Actuarial Science

University of Essex
3-4 years
Full time
Bachelor's degree
Scholarships available
On campus
Colchester
English
October 2023

About this program

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

Admission requirements

UK entry requirements

A-levels: BBB, including Mathematics or Further Mathematics.

Please note we are unable to accept A-level Use of Mathematics in place of A-level Mathematics

BTEC: DDD, only in conjunction with A-level Maths.

IB: 30 points or three Higher Level certificates with 555. Either must include Higher Level Mathematics grade 5.

We are also happy to consider a combination of separate IB Diploma Programs at both Higher and Standard Level. Exact offer levels will vary depending on the range of subjects being taken at higher and standard level, and the course applied for. Please contact the Undergraduate Admissions Office for more information.

International & EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.

English language requirements

English language requirements for applicants whose first language is not English: IELTS 6.0 overall. Different requirements apply for second year entry, and specified component grades are also required for applicants who require a Student visa to study in the UK.

For more information about admission requirements, please contact the school or the inquiries team.


Does this course require proof of English proficiency?

The TOEFL iBT® test is accepted by 11,500 universities and higher education institutions in over 160 countries. Book your test today!

Learn more Advertisement

Chat with students

Program content

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

Scholarships & funding

Several scholarship options are available, please visit the university website for more information.

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

Tuition

  • Home/UK fee: £9,250
  • International fee: £18,600

Career paths

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.

About this institute

University of Essex

We are Essex: home to the ambitious and the inquisitive. We are proud to be top 39 in the Complete University Guide (2022), a past University of the Year (THE) and internationally recognised for Social Sciences. We're committed to two...


Read more about this school

Contact info

University of Essex

Wivenhoe Park
CO4 3SQ Colchester

 Show phone number
www.essex.ac.uk


Reviews

Be the first to write a review!