14Jun
UndergraduateCourse summary
If you enjoy mathematics and want to apply your knowledge to solve real-world business problems, then the actuarial science programme at Swansea University is an excellent route to meet your goals. An actuary is a highly trained and influential business professional who uses advanced mathematical modelling and business understanding to analyse future risks. Students who pursue this course will gain a solid foundation the first year in mathematics, business, and study skills. They will be prepared for greater success in the mathematics and management modules that follow. The programme is accredited by the Institute and Faculty of Actuaries (IFoA), so programme modules in mathematics, accounting, finance and economics are aligned with the IFoA professional examinations. Graduates can obtain up to six exemptions from IFoA professional examinations, which is a tremendous head start toward obtaining actuarial employment and succeeding as an actuary. Your learning will be shaped by inspirational and internationally-renowned business professionals with many years of industry experience including Dr Jafar Ojra, Senior Lecturer in Accounting and Chartered Global Management Accountant.
Modules
The foundation Year (Year 0) combines both subject specific and study skill content, to enable successful integration into Year 1 of the Actuarial Science programme. In Year 1, you will typically study areas including: Economics for Accounting and Finance, Accounting for Managers, Probability and Statistics & Foundations of Finance. In Year 2, you will typically study areas including: Probability Theory, Corporate Finance, Credibility, Liability and Ruin & Principles of Financial Accounting. In Year 3, you will typically study areas including: Cashflows and Interest Rates, Financial Mathematics in Discrete Time, Machine Learning & Risk and Survival Models.
Professional bodies
Professionally accredited courses provide industry-wide recognition of the quality of your qualification.
- Actuaries, Institute and Faculty of
How to apply
29Jan
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:
- N325
- Institution code:
- S93
- Campus name:
- Bay Campus
- Campus code:
- B
Points of entry
The following entry points are available for this course:
- Foundation
International applicants
If you are an International Student, please visit our International pages for more information about entry requirements:- http://www.swansea.ac.uk/international/students/requirements
Entry requirements
Qualification requirements
A level - CCD
Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)
Access to HE Diploma - M: 27 credits
International Baccalaureate Diploma Programme - 24 points
WJEC Level 3 Advanced Skills Baccalaureate Wales
Welsh Baccalaureate - Advanced Skills Challenge Certificate (last awarded Summer 2024)
Overseas applicants should have CDD equivalent and IELTS 6.0 (all components at least 5.5). All applications will be considered on an individual basis, and we will look at the whole application when deciding whether to make an offer of a place, including: the balance, nature and quality of A-level, AS and GCSE subjects (or equivalent); personal statement and referee’s comments. General Studies and Key Skills qualifications are normally excluded from our offers. Unfortunately, we are unable to consider applicants with GCSE qualifications alone.
English language requirements
For applicants whose first language is not English we require a minimum overall IELTS score of 6.0 (or equivalent) and no less than 5.5 in each component.
English Language Requirements at Swansea University
https://www.swansea.ac.uk/admissions/english-language-requirements/
Student Outcomes
Operated by the Office for Students
Employment after 15 months (Most common jobs)
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
No fee information has been provided for this course
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
For the latest fee information, please check the individual course page on our website. Our full range of programmes are listed here: https://www.swansea.ac.uk/undergraduate/courses/
Further information on tuition fees can be found here: https://www.swansea.ac.uk/undergraduate/fees-and-funding/tuition-fees/
Sponsorship information
The Mathematics Department of Swansea University offers Mathematics prizes/scholarships worth up to a total of £3000 for students starting their university studies in September 2025. The prizes will be awarded on the basis of a competitive two-and-a-half-hour examination. Usually, applicants take the exam in their school or college, but this year arrangements will be made to enable applicants to sit the exam remotely. Applications are open to both home and overseas students that have made any undergraduate course from the Mathematics department at Swansea one of your UCAS selections. These scholarships can be used in conjunction with our Excellence and Merit scholarships. If you are interested in taking the scholarship exam, then you should complete and return a Mathematics Scholarship Application us via email. https://www.swansea.ac.uk/maths/scholarships/ Note: The University will also award Excellence Bursaries worth £3,000 to students who achieve AAA at A-level (or equivalent) and £2000 to students who achieve AAB at A level (or equivalent). For further details please see https://www.swansea.ac.uk/undergraduate/scholarships/excellence-bursaries/
Provider information
Swansea University
Singleton Park
Swansea
SA2 8PP