Course summary
Heriot-Watt is a world-leading centre of teaching and research in actuarial mathematics, financial mathematics, risk management, probability and statistics. As the first department to offer a BSc in Actuarial Science in the UK, we have over 40 years of experience in delivering excellence and our actuarial programmes are fully accredited by the UK actuarial profession (IFoA). We are also recognised as a Center of Actuarial Excellence by the North American Society of Actuaries (SOA), the world’s largest actuarial professional organization. We are the only Center of Actuarial Excellence in Europe. Our Actuarial Science and Diploma in Industrial Training degree is ideal if you’re interested in maths and looking for a course that offers a rewarding career – both intellectually and financially. It is unique in that it combines the rigorous studies of the BSc (Hons) Actuarial Science programme with a year-long work placement. Lasting five years, this Honours programme is longer than standard. Good performance means students can gain exemptions from professional examinations (CT1-CT8) as well as 12 months’ experience of working in an organisation such as a life insurance company, a pension consultancy, an investment management firm or a bank. Successful completion of this work placement is essential to achieving the Diploma in Industrial Training. The work placement helps you to develop specific work-related skills, giving you the opportunity to apply and build upon the theory you learn in your studies. It allows you to take on real responsibilities, enhance your interpersonal skills through teamwork and communication and experience workplace culture. The Diploma is available to all students, including those from overseas, as it does not require a work visa. It is your responsibility to find a suitable work placement; acceptance onto the programme does not guarantee you a placement. Our award-winning Careers Service will help you in your search. Our students have completed placements with PwC, Aegon, Prudential and Mercer. If you are registered on the programme but are unable to find a suitable work placement before the end of level 3, it is possible to transfer to the standard BSc (Hons) Actuarial Science degree. Actuarial Science students at Heriot-Watt can take advantage of our international campuses by taking part in an Inter-Campus Transfer. This gives you the opportunity to study at our Malaysia campus for a semester or a year, while still benefitting from the same accreditation by the IFoA as in Edinburgh, with the chance to gain the same professional exemptions. Our Students’ Actuarial Society (SAS) is entirely managed, enthusiastically and professionally, by our Actuarial Science students. With over 250 members, it is one of the largest societies dedicated to actuarial studies in the UK. Regular conferences, professional development and networking events with leading actuaries keep members up-to-date with the profession and in a prime position to begin their careers.
How to apply
This course has limited vacancies, and is no longer accepting applications from some students. See the list below for where you normally live, to check if you’re eligible to apply.
EU
Wales
England
International
Scotland
Northern Ireland
Republic of Ireland
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.
Application codes
- Course code:
- 5G5B
- Institution code:
- H24
- Campus name:
- Edinburgh Campus
- Campus code:
- -
Points of entry
The following entry points are available for this course:
- Year 1
- Year 2
- Year 3
Entry requirements
Standard Qualification Requirements
UCAS Tariff - Not accepted
A level - AAB - AAA
Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016) - DDD
Scottish Higher - AAAB
Scottish Advanced Higher - AAB
International Baccalaureate Diploma Programme - 28 points
GCSE/National 4/National 5
Scottish HNC - Pass
Scottish HND - Not accepted
T Level
We operate contextual admissions defined by our Fair Access Policy which may mean entry requirements are flexible. We accept a wide range of other qualifications from the UK, Europe and International countries. Please contact the Admissions Officer for the programme for further information on the entry requirements for these.
Minimum Qualification Requirements
UCAS Tariff - Not accepted
A level - ABC
Scottish Higher - ABBC
As part of the Fair Access Process, the minimum entry requirements enable students who are within one or more of the categories below to be guaranteed an offer: Living in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20) Care Experienced, as identified on the UCAS Application form by ticking the relevant box.
English language requirements
Applicants whose native language is not English and who have not been educated previously in the English language must provide evidence of their English language ability to ensure they can cope with the demands of a Heriot-Watt programme taught and assessed in English. Further information about the English Language tests that we currently accept as proof of English Language ability including our own English Language programmes, can be viewed on our website.
HWU English Language Requirements
https://www.hw.ac.uk/study/entry/english-language-requirements.htm
Student Outcomes
The number of student respondents and response rates can be important in interpreting the data – it is important to note your experience may be different from theirs. This data will be based on the subject area rather than the specific course. Read more about this data on the Discover Uni website.
Fees and funding
Tuition fees
England | £9250 | Year 1 |
Northern Ireland | £9250 | Year 1 |
Wales | £9250 | Year 1 |
Channel Islands | £9250 | Year 1 |
Republic of Ireland | £9250 | Year 1 |
Scotland | £1820 | Year 1 |
EU | £24048 | Year 1 |
International | £24048 | Year 1 |
Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website .
Additional fee information
Provider information
Heriot-Watt University
Riccarton
Edinburgh
EH14 4AS
Clearing contact details
Shape your future in Edinburgh with Heriot-WattAdmissions Office
+44131 322 3222
Additional information
Friday 5th July - Monday 5th August: 10am - 4pm Tuesday 6th August: 8am - 6pm Wednesday 7th August: 9am -5pm Thursday 8th August: 9am - 5pm Friday 9th August: 9am - 5pm Monday 12th August: 9am - 5pm Tuesday 13th August: 9am - 5pm Wednesday 14th August: 9am - 5pm Thursday 15th August: 7am - 7pm Friday 16th August: 8am - 6pm Saturday 17th August: 10am - 4pm Sunday 18th August: 10am - 4pm Monday 19th August: 9am - 5pm