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Actuarial Science at Swansea University - UCAS

Course options

2025 - 2026
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Open days

14Jun
Undergraduate On-Campus Open Day at Swansea University - Singleton Park Campus and Bay Campus - 14 June 2025
Undergraduate

Course 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. Through this three-year BSc degree you will learn the deep mathematics involved in analysing risk along with a wide variety of practical business applications relevant to the actuarial profession. 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

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.

Assessment method

You will be taught through a combination of lectures, tutor-led tutorials and regular (non-assessed) coursework. The final year modules are more student-centred, to reflect a progression in teaching methods appropriate to the subjects taught. Throughout, the learner is encouraged to undertake independent reading both to supplement and consolidate what is being taught/learnt and to broaden knowledge and understanding of the subject. You will be assessed through a combination of unseen written examinations, set assignments and presentations.

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:
N323
Institution code:
S93
Campus name:
Bay Campus
Campus code:
B

Points of entry

The following entry points are available for this course:

  • Year 1

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

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
60%
Employment after 15 months (Most common jobs)
85%
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 will offer prizes/scholarships worth up to a total of £3000 for students starting their university studies in September. The prizes will be awarded on the basis of a competitive two and a half hour examination which will be taken during the Spring. 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. If you would like to take the exam, you will need to make Mathematics 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/

Actuarial Science at Swansea University - UCAS