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Actuarial Science and Diploma in Industrial Training at Heriot-Watt University - UCAS

Course options

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

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

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 Undergraduate Admissions Office for further information on the entry requirements for these.

Minimum Qualification Requirements

The University guarantees to make a minimum entry offer to anyone who would be considered a Home or Rest of UK (RUK) applicant and who has achieved, or can achieve, the required grades from the following categories: Priority postcode areas – Home Scottish applicants from SIMD20 postcodes or RUK applicants from POLAR 4 quintile 1 areas – identified through Scottish and UK government targets. Care experience – Home Scottish or RUK applicants who have had experience of care, including adoption, kinship care, foster care and home supervision orders.


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

Operated by the Office for Students
70%
Employment after 15 months (Most common jobs)
100%
Go onto work and study

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

Scotland £1820 Year 1
England £9250 Year 1
Northern Ireland £9250 Year 1
Wales £9250 Year 1
Channel Islands £9250 Year 1
Republic of Ireland £9250 Year 1
EU £25008 Year 1
International £25008 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

No additional fees or cost information has been supplied for this course, please contact the provider directly.
Actuarial Science and Diploma in Industrial Training at Heriot-Watt University - UCAS