Course summary
Actuarial Science brings together mathematical, statistical and financial techniques to minimise financial risk in areas such as commerce, insurance, finance and government, and this new degree could lead to highly rewarding careers in fields such as insurance, annuities, and pensions. Actuarial salaries begin at £30,000 and can progress to six figures. The programme will provide a solid training aligned with the Core Principles syllabus of Institute and Faculty of Actuaries. Depending on the grades obtained, completion of the degree programme can lead to a recommendation for exemption from some or all of CS1, CS2, CM1, CM2, CB1, and CB2. As a student on our three-year BSc Actuarial Science, you will be taught in our £32.5m Computational Foundry, a world class centre with state-of-the-art facilities for teaching and research, as well as networking and meeting spaces, to help prepare you for a successful and rewarding career. The programme will be delivered by the Department of Mathematics in conjunction with the School of Management, both located on the Bay Campus. This course will give you a solid training highly aligned with that required for entrance to the actuarial profession – a career which is financially rewarding, highly sought after and a ‘passport’ to working in the global environment. It will cover topics such as: calculus, analysis, algebra, applied statistics, accounting for business, economics for accounting and finance, real analysis and metric spaces, vector calculus and measure theory, groups and rings, probability, financial accounting, investments, assets, equities and bonds, complex variables, stochastic processes, financial mathematics, stochastic processes and survival models, and actuarial models and interest rates. Furthermore, this Honours programme compliments our successful programmes in the area of Financial Mathematics: B.Sc. Mathematics for Finance, and M.Sc. Mathematics & Computing for Finance. We guarantee that you will be made a conditional offer for a course at Swansea University. Subject requirements will apply. Please come along to our next Open Day or get in touch for further information.
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.
How to apply
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
Entry requirements
Qualification requirements
UCAS Tariff - 120 points
A level - ABB - BBB
Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016) - DDD
Access to HE Diploma - Not accepted
Scottish Higher - AABBB
International Baccalaureate Diploma Programme - 32 points
Extended Project
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
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
Additional fee information
Provider information
Swansea University
Singleton Park
Swansea
SA2 8PP