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Actuarial Science (Including Placement Year) BSc (Hons)

University of Essex

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University of Essex

Course options

2 options available

  • Qualification

    Bachelor of Science (with Honours) - BSc (Hons)

  • Location

    Colchester Campus

  • Study mode

    Full time

  • Start date

    01-OCT-25

  • Duration

    4 Years

Course summary

Actuarial science teaches you the art of turning risks into opportunities. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. You benefit from an excellent starting salary, with graduates earning upwards of £30,000 on average.Our BSc Actuarial Science course encourages you to delve into your passions for mathematics and practical problem-solving. Our attractive blend of solid mathematics, an understanding of real-world financial issues, and computing skills provide you with the core skills essential for entering the actuarial profession. You learn the theory and methods used by professional actuaries; on how to apply mathematical and statistical skills to minimise financial risk when the stakes are high, in areas such as commerce, government, insurance and finance.Study topics including:- Mathematical finance- Financial reporting- Contingencies, risk management and survival analysis- Mathematical, statistical and probabilistic techniques- Programming and computation in languages such as Matlab and RYou can spend your third year on a placement year with an external organisation, where you learn about a particular sector, company or job role, apply your academic knowledge in a practical working environment, and receive inspiration for future career pathways. You will be responsible for finding your placement, but with support and guidance provided by both your department and the placements team. If you complete a placement year you'll only pay 20% of your usual tuition fee to Essex for that year.Professional actuaries in the insurance industry, including influential businesses AXA and Buck Consultants, contribute to our employability module and also host students at their offices to show them typical challenges that actuaries face.As part of our Department of Mathematical Sciences, you’re a member of an inclusive and approachable research community which allows you to explore topics in pure, high-level mathematics and applied mathematics.

Application deadline

29 January

Tuition fees

Students living in Hong Kong
(International fees)

£ 20,500per year

Tuition fees shown are for indicative purposes and may vary. Please check with the institution for most up to date details.

Entry requirements

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QUALIFICATION TYPE

A level

A level : BBB

Offers will be made in the range of BBB to BBCor 120-112 UCAS tariff points from a minimum of the equivalent of 2 full A-levelsIncluding Mathematics or Further Mathematics. Please note we are unable to accept A-level Use of Mathematics in place of A-level Mathematics.For A-level Maths or Further Maths, we also accept Pure Maths or Maths (Pure) and Statistics (joint A-level).

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University information

University of Essex

University of Essex

  • University League Table

    30th

  • Campus address

    University of Essex, Wivenhoe Park, Colchester, Essex, CO4 3SQ, United Kingdom

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The careers team offer dedicated international careers advice and support throughout studies and after graduation.
Central London is easily accessible from all of the university's campuses.
Gain access to the curriculum from nine European universities through the YUFE (Young Universities for the Future of Europe) virtual campus.

Subject rankings

  • Subject ranking

    Accounting & Finance

    55th out of 103 1

  • Entry standards

    / Max 227
    116 51%

    62nd

  • Graduate prospects

    / Max 100
    62.0 62%

    59th

    11

  • Student satisfaction

    / Max 4
    3.03 76%

    75th

    3

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