Actuarial Mathematics

Actuaries are strategic thinkers who use their mathematical skills to analyse the financial consequences of risk. By applying mathematical, statistical, financial and economic theory to real business problems, they measure probability and calculate the financial impact of undesirable events.

The next generation of actuaries are in demand across both the private and public sectors. In addition to the traditional insurance and pensions industry, actuarial roles are now found in other areas where uncertainty needs to be closely managed – such as banking, investment management, consultancy, manufacturing and transport. The career options available across these sectors are both varied and financially rewarding.

Studying an actuarial mathematics degree at Leeds will enable you to develop a range of core mathematical and actuarial science skills. You’ll enhance your analytical and problem-solving abilities and learn advanced skills in statistical analysis. You will also be introduced to software and programming languages used in actuarial practice. Over the course of the programme, you will not only be intellectually stimulated, you’ll also be developing skills desirable to potential employers making you well-equipped to begin your career.

Here at Leeds, we understand the importance mathematics has in everyday life, which is why we have one of the largest mathematics research departments in the UK and this expertise helps shape the curriculum. Moreover, this course is delivered jointly by the School of Mathematics and the Leeds University Business School, equipping you with the relevant knowledge, skills and experience you need to begin your career in this highly valued, cross-disciplinary specialism.

Why study at Leeds:

• The programme covers much of the first-level exams for the Institute and Faculty of Actuaries, enabling you to take steps towards qualifying as an actuary.

• Our School’s globally-renowned research feeds into the course, shaping your learning with the latest thinking in areas such as probability and financial mathematics, modern applied statistics and analysis.

• Learn from expert academics and researchers who specialise in a variety of mathematical areas.

• Academic staff provide you with regular feedback and advice throughout your degree, with small tutorial groups supporting the teaching in the first year.

• Access excellent facilities and computing equipment, complemented by social areas, communal problem-solving spaces and quiet study rooms.

• Broaden your experience and enhance your career prospects with our industrial placement opportunities or study abroad programmes.

• Our Actuarial Mathematics BSc and Financial Mathematics BSc degrees share a common first year, allowing you to move from one programme to the other until the end of your first year.

• Make the most of your time at Leeds by joining our student society MathSoc where you can meet more of your peers, enjoy social events and join the MathSoc football or netball team.