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Actuarial Science (Including Placement Year)

Study level:
Undergraduate

Course summary

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 BSc Actuarial Science course covers the syllabus of many core subjects of the Institute and Faculty of Actuaries. Depending on your choice of optional modules, and upon sufficient attainment, this can lead to exemptions from the professional exams CS1, CS2, CM1, CM2, CB1 and CB2. More generally, our course features an attractive blend of solid mathematics, an understanding of real-world financial issues, optimisation, experimental design and computing skills which provide you with core skills for entering the world of actuaries and data scientists.

Study topics including:

  • mathematical finance

  • financial reporting

  • contingencies, risk management and survival analysis

  • mathematical, statistical and probabilistic techniques

  • programming and computation in languages such as MATLAB and R

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 you typical challenges that actuaries face.

As part of our School of Mathematics, Statistics and Actuarial Science, you are a member of an inclusive and approachable research community which allows you to explore topics in pure, high-level mathematics and applied mathematics.

Modules

Many of our courses offer a choice of optional modules to tailor your learning experience. More information about these can be found on the University of Essex website.

How to apply

Apply by
14 January

This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.

Application codes

Course code:
N233
Institution code:
E70
Campus name:
Colchester Campus
Campus Code:
-

Points of entry

The following entry points are available for this course:

  • Year 1
  • Year 2

Entry requirements

Qualification requirements

UCAS Tariff - 112 - 120 points

Offers will be made from a minimum of the equivalent of 2 full A-levels including B in Mathematics. We accept A Levels, BTECs, Access to HE Diploma, International Baccalaureate, T Levels, AAQs and most other qualifications within the UCAS Tariff. Whilst International A-levels and BTECs aren't on the tariff calculator, we assign them the same tariff points as their UK counterparts.

Find out more about qualification requirements for this course.

Contextual admissions

Universities and colleges consider more than grades when assessing applications and may make offers based on a range of criteria. Learn more about contextual offers.

We are committed to ensuring that all students with the merit and potential to benefit from an Essex education are supported to do so. We make Contextual Offers, of up to two A-level grades (or equivalent) below our standard conditional offer, to applicants from underrepresented groups residing in the UK.

Learn more on the University of Essex website

Historical entry grades data BETA

This section shows the range of grades students (with UK A-Levels or Pearson BTEC Level 3 National Extended Diplomas) who received offers were previously accepted with (learn more). It is designed to support your research but does not guarantee whether you will or won't get a place. Admissions teams consider various factors, including interviews, subject requirements, and entrance tests. Check all course entry requirements for eligibility.

Data from:
This course and 8 other finance courses
Date range:
2022-2024

Offer rate for UK school & college leavers

100% Students aged 17/18 who applied to this course were offered a place.

This course has a required grade that may not be listed in the data. Check the entry requirements for the full qualification requirements.

How do you compare?

See how students with your grades have been accepted onto this course in the past.

Student Outcomes

Operated by the Office for Students

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

LocationFeeYear
England£9535Year 1
Northern Ireland£9535Year 1
Scotland£9535Year 1
Wales£9535Year 1
Channel Islands£9535Year 1
Republic of Ireland£9535Year 1
EU£22600Year 1
International£22600Year 1

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

Fees displayed are for the 2026-27 academic year. Fees may increase for each academic intake and each academic year of study.

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