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Business, Management and Economics
Actuarial Science, BSc (Hons)
Actuarial Science, BSc (Hons)

Actuarial Science, BSc (Hons)

  • ID:SU440005
  • Level:3-Year Bachelor's Degree
  • Duration:
  • Intake:

Fees (GBP)

Estimated Total/program:
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60
Accept letter
100
Visa
20
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1

Admission Requirements

Entry Requirement

English Requirement

IELTS 6.0 (with a minimum of 5.5 in each component) or equivalent English test.

Other Requirements

A levels: grades AAA to include Mathematics.

Welsh Baccalaureate: Requirements are as for A levels where you can substitute the same non-subject specific grade for the Welsh Baccalaureate Advanced Level Core Grade.

BTEC: DDD plus grade A in A Level Mathematics.

Scottish Highers: AABBB plus grade A in Mathematics.

International Baccalaureate: 36 to include 6 in Higher Level Mathematics.

Course Information

The Mathematics Department and the School of Management have launched a new degree programme in Actuarial Science.

The new BSc Actuarial Science programme will provide students with a thorough grounding in the areas of Mathematics, Accounting, Finance and Economics relevant to careers in the actuarial profession. This will include a selection of new actuarial modules designed to cover the Institute and Faculty of Actuaries Core Principles syllabuses so that graduates with good degrees can obtain a number of exemptions from professional examinations.

Swansea University has a strong research base in areas related to Actuarial Science with Mathematics hosting an internationally recognised ‘Stochastic Analysis Group’ and Management hosting the ‘Hawkes Centre for Empirical Finance’. Graduates will be highly qualified to enter the Actuarial profession, or follow careers in; auditing, financial analysis, insurance, investment banking and management.

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BSc 3 Year Full-time

Year 1 (Level 4)

FHEQ 4 Undergraduate / HECert

Compulsory Modules

  • Module Name

  • Introduction to Analysis 1

  • Foundations of Algebra

  • Accounting for Managers

  • Economics for Accounting and Finance

  • Introduction to Analysis 2

  • Introductory Linear Algebra

  • Probability and Statistics

  • Foundations of Finance

Year 2 (Level 5)

FHEQ 5 Undergraduate / HEDip

Students choose 120 credits from the following:

Compulsory Modules

  • Module Name

  • Multi-variable analysis

  • Probability Theory

  • Corporate Finance 1

  • Investments: Assets; Equities and Bonds

  • Metric spaces and measure theory

  • Credibility, Liability and Ruin

  • Statistical Data Analysis

  • Principles of Financial Accounting

Optional Modules

Careers Module 

Choose Exactly 0 credits from the following Modules:

  • Module Name

  • Professional Development and Career Planning,

Year 3 (Level 6)

FHEQ 6 Undergraduate / Honours

Compulsory Modules

  • Module Name

  • Stochastic Processes

  • Cashflows and Interest Rates

  • Financial Mathematics

  • Methods of Brownian Motion and Ito Calculus

  • Assurance and annuity

  • Time Series and Risk Models

  • Markov Chains and Survival Models

  • Black-Scholes Theory

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Pre Courses

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Pathway Courses

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Career Opportunity

Career Opportunity

The importance of gaining valuable core skills and life experience whist at University has never been so critical. In the Mathematics Department at Swansea University you will be taught a full range of topics by leading experts that will enable you to successfully pursue a wide range of careers.

Our mathematics graduates are set on course for a range of stimulating opportunities. You might find your future lies in a career as a data scientist, an actuary, a statistical analyst or industrial modeller.

We offer CV workshop and you will have access to our Employment Zone, which advertises work placements, part time vacancies and graduate jobs. We have dedicated staff who will always be on hand to provide employability support, throughout your studies.

We take Employability seriously and you will leave Swansea University with much more than a degree, gaining invaluable life skills and experiences on your journey.

Ability to settle

Overseas Student Health Cover

Insurance - Single: 300 (£) per year

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