Actuarial Science

You have a strong passion for mathematics - especially when it comes to modelling, probability, and asking “What if?”.

If you're naturally analytical and curious about how to quantify uncertainty and manage risk, the BSc in Actuarial Science at Bayes Business School is the perfect fit.

This degree equips you with the technical and professional skills to launch a successful actuarial career, while also opening doors to roles in risk management, investment analysis, and financial consultancy.

If you enjoy mathematics, statistics, probability and economics you will find this course ideal. For the duration of your degree, you’ll delve deeper into these core subjects, as well as stochastic models, finance and financial reporting, business and, naturally, actuarial science itself.

You’ll also produce a self-researched final-year project on an area that interests you and reflects your ambitions.

This degree provides students with the skills to start their actuarial career, with the added flexibility of allowing students to alternatively use these skills to enter risk management, investment management or financial analysis upon graduation.

It can provide up to six exemptions from subjects CM1, CM2, CS1, CS2, CB1 and CB2 of the Institute and Faculty of Actuaries’ examinations.

Develop your knowledge and understanding of actuarial science, statistics, mathematics, finance and related disciplines

Develop your ability to communicate your knowledge and understanding effectively

Develop your understanding of the roles of mathematical and statistical calculation, analysis and judgement in actuarial science and financial risk management

Develop your ability to make reasoned judgements, frame appropriate questions and draw independent conclusions

Equip you with the skills required to work professionally as an actuary or in alternative fields related to statistics, finance, risk management and in general management

Prepare you to enter postgraduate study in actuarial science or related disciplines.

Course Modules

​​You can find extensive information about the modules you can expect to study on this course on our website:
https://www.bayes.citystgeorges.ac.uk/study/undergraduate/courses/actuarial-science

You will be assessed using a variety of methods, depending on module choices including:

• Coursework

• Unseen written examinations, taking place at the end of each term (or at the end of a year, if a module is taught over two terms)

• Class tests

• Online quizzes and tests, using the Virtual Learning Environment

• Presentation

• Group projects, individual projects.

Percentage of the course assessed by coursework:

The balance of assessment by examination, practical examination and assessment by coursework will to some extent depend on the optional modules you choose. The approximate percentage of the course assessment,is as follows:

Year 1

67% written, 4% practical, 29% coursework

Year 2

73% written, 27% coursework

Year 3

65% written, 2% practical, 33% coursework.

Professionally accredited courses provide industry-wide recognition of the quality of your qualification.

• Actuaries, Institute and Faculty of