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Actuarial Science at Swansea University - UCAS

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

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