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...
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.<br/><br/>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.<br/><br/>Study topics including:<br/><br/><br/>- Mathematical finance<br/><br/><br/>- Financial reporting<br/><br/><br/>- Contingencies, risk management and survival analysis<br/><br/><br/>- Mathematical, statistical and probabilistic techniques<br/><br/><br/>- Programming and computation in languages such as Matlab and R<br/><br/><br/>You 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 youll only pay 20% of your usual tuition fee to Essex for that year.<br/><br/>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.<br/><br/>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.
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Course Details
Information
Study Mode
Full-time
Duration
4 Years
Start Date
10/2025
Campus
Colchester Campus
Application deadline
Provider Details
Codes/info
Course Code
N233
Institution Code
E70
Points of Entry
Year 1, Year 2
UCAS Tariff112 120 Offers will be made from a minimum of the equivalent of 2 full A-levels. Access to HE DiplomaD:6,M:39 Only in conjunction with A-level Mathematics. We can only accept QAA approved Access to HE Diplomas International Baccalaureate Diploma Programme29 30 Or three Higher Level certificates with 555-554. Either must include Higher Level Mathematics grade 5. We are happy to consider a combination of separate IB Diploma Programmes 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. A levelB,B,B Offers will be made in the range of BBB to BBC or 120-112 UCAS tariff points from a minimum of the equivalent of 2 full A-levels Including 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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Region | Costs | Academic Year | Year |
---|---|---|---|
England, Northern Ireland, Scotland, Wales, Channel Islands, Republic of Ireland | £9,250 | 2024/25 | Year 1 |
EU, International | £21,525 | 2024/25 | Year 1 |