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BScActuarial Science

University of Essex United Kingdom, Colchester
Tuition fee £13,350.00 per year
Course code N323
More information

Expenses, accommodation, working etc.

essex.ac.uk/..tercourse=UG00012&subgroup=1 

Overview

Actuarial science teaches you the art of turning risks into opportunities. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. You benefit from an excellent starting salary, with graduates earning upwards of £30,000 on average.

Our BA Actuarial Science 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
- Pure and applied mathematics
- Statistics

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.

Programme structure

Year 1

Calculus
Linear Mathematics
Statistics I
Financial Mathematics
Quantitative Methods and Finance
Introduction to Economics
Mathematics Careers and Employability

Year 2

Mathematical Methods
Finance and Financial Reporting
Corporate Finance
Statistics II
Survival Analysis
Contingencies I
Macroeconomics (Intermediate)
Mathematics Careers and Employability

Final year

Stochastic Processes
Contingencies II
Statistical Methods
Microeconomics (Intermediate)
Mathematics of Portfolios
Options and Futures
Financial Derivatives
Mathematics Careers and Employability

Career opportunities

As a new course, we expect our graduates of BSc Actuarial Science to become actuaries in a range of industries. It is predicted by the US Department of Labor that the employment of actuaries is expected to grow faster than any other occupation, making it a great prospect for a graduate job.

Aside from a rewarding career as an actuary, clear thinkers are required in every profession, so the successful mathematician has an extensive choice of potential careers. The Council for Mathematical Sciences offers further information on careers in mathematics.

Apply now!
Application start
Aug 1, 2017
Application deadline
Aug 1, 2017 23:59 (GMT)

We are currently NOT ACCEPTING applications from NON-EU countries, except Georgia and Serbia.

Application deadlines apply to citizens of: United States