City, University of London has opted into the TEF and received a Silver award.
The BSc (Hons) Actuarial Science degree is delivered by Cass Business School, one of Europe’s leading business schools. Part of City, University of London, Sir John Cass Business School is ranked amongst the top 20 business schools in Europe (1). As England’s longest established Actuarial Science degree, this course offers students a sound education in actuarial and financial studies, mathematics and statistics and you will gain highly prized financial risk management skills. Actuarial science involves the application of quantitative skills to problems in finance that normally involve risk or uncertainty. If you enjoy mathematics, statistics, probability and economics you will find this course ideal. For the duration of your degree, you’ll delve deeper into these course subjects, as well as stochastic models, finance and financial reporting, business and, naturally, actuarial science itself. You’ll also produce a self-researched final-year project on an area that interests and reflects your ambitions. The degree provides students with the skills to start their career as an actuary, with the added flexibility of allowing students to alternatively use these skills to enter risk management, investment management or financial analysis upon graduation. This degree can provide exemptions from subjects CM1, CM2, CS1, CS2, CB1, CB2 and CB3 of the Institute and Faculty of Actuaries’ examinations. In each year of your degree, you will study a core set of modules that will allow you to focus on actuarial science, alongside modules that will broaden your studies into other areas of economics and business. In fact, the Actuarial Science degree at Cass contains more credits than the majority of all other actuarial science degrees in the UK. By studying for 450 credits rather than the standard 360 credits during your degree, you are able to obtain an in depth understanding in specialisms such as business management, real estate finance, financial derivatives and extreme value theory. Many of our lecturers are qualified actuaries and have worked in industry and continue to consult for corporate organisations, so you will benefit from their first-hand knowledge and business experience. As we place a high value on teaching both theory and application, you will emerge from your degree with a good understanding of how to use your newly acquired knowledge in the workplace, whether this concerns a career as an actuary or an alternative direction (such as, for example, risk manager). A key part of this degree is the opportunity to gain professional work experience or a period of study abroad. All first year Actuarial Science students are eligible to apply for the Micro-Placements Programme which offers you the opportunity to apply for a 3-5 week summer placement, exposing you to a real-life business environment at a London-based employer. Students are also eligible to apply for a one-year paid work placement during the third year of a four-year sandwich degree course. Cass students enjoy a wide range of opportunities in business areas such as insurance and risk management, actuarial investment pricing and capital management. Recent placements include: the Association of British Insurers, Aviva/Friends Life, Prudential and Legal & General. Students can alternatively apply to spend one year studying abroad during the third year of a four-year sandwich degree course. Students can apply to study at a business school at one of our prestigious partner universities, including the University of Waterloo, Canada; and the Chinese University of Hong Kong. Studying abroad enables students to expand their international network of contacts, develop a wider perspective in the world of actuarial science and enhance their career prospects. (1) Financial Times European Business School Ranking 2019
Year 1 Core modules:
- Mathematics for Actuarial
- Probability and Statistics 1
- Finance and Investment Mathematics
- Introduction to Economics
- Applications of Information Technology
- Introduction to Actuarial Methods
- Calculus and Linear Algebra (Mathematics 2)
- Probability and Statistics 2
- Stochastic Modelling
- Actuarial Practicality
- Finance and Financial Reporting
- Choice of 2 elective modules
- Survival Models
- Advanced Contingencies
- Statistical Modelling
- Probabilistic Modelling
- Final Year Project"
You will be assessed using a variety of methods, depending on module choices including: - Coursework - Unseen written examinations, taking place at the end of each term (or at the end of a year, if a module is taught over two terms) - Class tests - Online quizzes and tests, using the Virtual Learning Environment - Presentation - Group projects and individual projects. The balance of assessment by examination, practical examination and assessment by coursework will to some extent depend on the optional modules you choose. The approximate percentage of the course assessment, based on 2017/18 entry is as follows: Year 1 67% written, 4% practical, 29% coursework Year 2 73% written, 27% coursework Year 3 67% written, 2% practical, 31% coursework.
Professionally accredited courses provide industry-wide recognition of the quality of your qualification.
- Actuaries, Institute and Faculty of
How to apply
This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.
- Course code:
- Institution code:
- Campus name:
- Main Site
- Campus code:
Points of entry
The following entry points are available for this course:
- Year 1
Please click the following link to find out more about qualification requirements for this course
The number of student respondents and response rates can be important in interpreting the data. For further information, see the Discover Uni website.
Fees and funding
|Northern Ireland||£9250||Year 1|