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BScActuarial Science (4 Years Including Foundation Year)

University of Essex
United Kingdom, Colchester
Tuition fee £11,750.00 per year
Course code N325
More information

Expenses, accommodation, working etc. 


On our four-year BSc Actuarial Science (including foundation year), we work with you to help improve your language skills, to develop your subject-specific knowledge, and to improve your academic skills. You receive a thorough grounding in these areas during your foundation year (known as Year Zero) to prepare you for a further three years of undergraduate study at Essex.

You are an Essex student from day one, a member of our global community based at the most internationally diverse campus university in the UK.

At Essex, our course 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 0

Introduction to Economics
Pure Mathematics
Academic Skills
Computer Programming

Year 1

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

Year 2

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

Final year

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

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, 2018
Application deadline
Aug 1, 2018 23:59
Europe/Tallinn time

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

Application deadlines apply to citizens of: United States