Actuarial Science (Including Foundation Year) at University of Essex - UCAS

University of Essex

Degree level: Undergraduate

Actuarial Science (Including Foundation Year)

Course options

Course summary

Our BSc Actuarial Science (including foundation year) is open to Home and EU students. It will be suitable for you if your academic qualifications do not yet meet our entrance requirements for the three-year version of this course and you want a programme that increases your subject knowledge as well as improves your English language and academic skills. This four-year course includes a foundation year (Year Zero), followed by a further three years of study. During your Year Zero, you study four academic subjects relevant to your chosen course as well as a compulsory English language and academic skills module. You are an Essex student from day one, a member of our global community based at the most internationally diverse campus university in the UK. After successful completion of Year Zero in our Essex Pathways Department, you progress to complete your course with the Department of Mathematical Sciences. Our BSc Actuarial Science course encourages you to delve into your passions for mathematics and practical problem-solving. Our attractive blend of solid mathematics, an understanding of real-world financial issues, and computing skills provide you with the core skills essential for entering the actuarial profession. You learn the theory and methods used by professional actuaries; on how to apply mathematical and statistical skills to minimise 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
  • Mathematical, statistical and probabilistic techniques
  • Programming and computation in languages such as Matlab and R
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, you’re a member of an inclusive and approachable research community which allows you to explore topics in pure, high-level mathematics and applied mathematics. Our course also provides you with credits towards qualifying for accreditation with the Chartered Insurance Institute, the world’s largest professional body for insurance, risk and financial services.

Modules

Many of our courses offer a choice of optional modules to tailor your learning experience. More information about these can be found on the University of Essex website.


How to apply

You can no longer submit a new application for courses starting in 2023.

If you already have a 2023 application and are in Clearing, you can add this course as a Clearing choice – contact the university or college first to check they have places.

Application codes

Course code:
N325
Institution code:
E70
Campus name:
Colchester Campus
Campus code:
-

Points of entry

The following entry points are available for this course:

  • Foundation

International applicants

Please note that this course is not open to international applicants.

Entry requirements

Qualification requirements

All applicants must also hold GCSE Maths and Science at grade C/4 or above (or equivalent). We may be able to consider a pass in Level 2 Functional Skills Maths where you cannot meet the requirements for Maths at GCSE level. However, you are advised to try to retake GCSE Mathematics if possible as this will better prepare you for university study and future employment. UK and EU applicants: All applications for degree courses with a foundation year (Year Zero) will be considered individually, whether you • think you might not have the grades to enter the first year of a degree course; • have non-traditional qualifications or experience (e.g. you haven’t studied A-levels or a BTEC); • are returning to university after some time away from education; or • are looking for more support during the transition into university study. Mature applicants and non-traditional academic backgrounds: We welcome applications from mature students (over 21) and students with non-traditional academic backgrounds (might not have gone on from school to take level 3 qualifications). We will consider your educational and employment history, along with your personal statement and reference, to gain a rounded view of your suitability for the course.

Please click the following link to find out more about qualification requirements for this course

https://www.essex.ac.uk/undergraduate/applying-to-essex


Student Outcomes

Operated by the Office for Students
65%
Employment after 15 months (Most common jobs)
90%
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

England £9250 Year 1
Northern Ireland £9250 Year 1
Scotland £9250 Year 1
Wales £9250 Year 1
Channel Islands £9250 Year 1
EU £19530 Year 1
International £19530 Year 1
Republic of Ireland £19530 Year 1

Additional fee information

Fees displayed are for 2023-24 entry. Fees may increase for each academic intake and each academic year of study.
Actuarial Science (Including Foundation Year) at University of Essex - UCAS