Actuarial science teaches students 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. Students benefit from an excellent starting salary, with graduates earning upwards of £30,000 on average.
The BSc Actuarial Science encourages students to delve into their passions for mathematics and practical problem-solving. The attractive blend of solid mathematics, an understanding of real-world financial issues, and computing skills provide students with the core skills essential for entering the actuarial profession. They learn the theory and methods used by professional actuaries; on how to apply mathematical and statistical skills to minimize 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
- Pure and applied mathematics
- Statistics
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, students are members of an inclusive and approachable research community which allows them to explore topics in pure, high-level mathematics and applied mathematics.
Professional accreditation
Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.
