Colchester,
United Kingdom
Type
Public
Degrees offered
Bachelor's Degree
BSc (Honours) in Actuarial Science - Including Year Abroad in Colchester United Kingdom | University of Essex
University of Essex
|
Colchester United Kingdom
Visit institution website
for more information
Qualification
Bachelor Degree with Honours
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
GBP
20,500
(c. USD27,488.45)
Attendance
Full-time
Full-time Duration
48 months
Actuarial science equips you with skills to transform risks into advantages. Professionals in this field evaluate financial security systems, emphasizing their intricate nature, mathematical foundations, and operational processes. Graduates enjoy competitive entry-level salaries, typically exceeding £30,000 annually.
Our BSc Actuarial Science programme invites you to explore your enthusiasm for mathematics and applied problem-solving. Combining rigorous mathematical training with insights into financial challenges and technical computing abilities, we equip you with fundamental competencies for the actuarial field. You'll master theoretical frameworks and methodologies employed by practitioners to mitigate financial risks in high-stakes sectors like commerce, government, insurance, and finance.
Key study areas encompass: Financial mathematics, Corporate financial reporting, Actuarial contingencies, risk assessment and survival modelling, Advanced mathematical and statistical methods, Programming using industry-standard tools like Matlab and R
Graduates of our BSc Actuarial Science typically pursue actuarial roles across various sectors. According to US labor projections, actuarial employment growth will outpace most professions, presenting excellent graduate opportunities.
Beyond traditional actuarial paths, the programme develops analytical thinkers suited for diverse careers. The Council for Mathematical Sciences provides additional guidance on mathematics-related career paths.
Destination of Study
Subjects of Study
Language Requirements
English
IELTS 6.0
Qualification Requirements
A-levels: ABB, including Mathematics or Further Mathematics.
Please note we are unable to accept A-level Use of Mathematics in place of A-level Mathematics
IB: 32 points or three Higher Level certificates with 665. Either must include Higher Level Mathematics grade 5. We will accept 5 in either Higher Level Mathematics: Analysis and Approaches or Higher Level Mathematics: Applications and Interpretation.
We are also 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.
T-levels: Distinction, only in conjunction with A-level Maths.
IELTS - 6.0 overall with a minimum of 5.5 in each component,
TOEFL IBT - 76 overall, with a minimum of 18 in reading, 17 in listening, 20 in speaking and 17 in writing
Tuition
GBP
20,500