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Economics and Actuarial Science

Course details
  • Bachelor of Science (with Honours)
  • 3 Years
  • Full-Time
  • 20 September 2027
  • Undergraduate
Course location
Main Site - Highfield Campus

Course summary

Risk is part of every decision, from global finance to everyday life. On this BSc Economics and Actuarial Science degree, you will learn how to measure, model and manage uncertainty, combining economic theory with mathematical and statistical techniques.

Southampton is the only UK university to offer this course, giving you a distinctive blend of skills that are highly valued in industries such as insurance, finance and risk management.

You will build a strong foundation in microeconomics, macroeconomics and quantitative methods, learning how to apply them to real-world challenges. From your first year, you will also gain hands-on experience using Bloomberg terminals in our Financial Laboratory (FinLab), working with the same tools used by professionals.

Accredited by the Institute and Faculty of Actuaries (IFoA), this degree can lead to exemptions from core professional exams, helping you take your first steps towards becoming a qualified actuary.

Key features of the course

Develop the mathematical and statistical skills needed to assess risk and uncertainty in real-world contexts

Gain practical experience using Bloomberg trading terminals in our FinLab from your first year

Learn alongside students on related Mathematics and Actuarial Science degrees, broadening your perspective

Benefit from accreditation by the Institute and Faculty of Actuaries (IFoA), with the opportunity to gain exemptions from core principles

Shape your degree by choosing optional modules, including topics such as international banking, risk management and public economics, or from outside Economics and Mathematics

Student support

Your Personal Academic Tutor (PAT) will support you throughout your time at Southampton, offering guidance on your studies, career planning and access to wider support services when needed.

Further information

You can tailor your experience beyond the classroom by choosing to spend a year in employment, study abroad for a semester or take part in a Student Innovation Project, helping you build valuable experience for your future career.

Modules

Course Modules

You will study various topics covering the fundamental aspects of Economics and Actuarial Science.

You can choose between a number of 'pathways' through the degree, to reflect your background and interests. Module choices in year one depend on whether you have studied economics at A level.

Some of the modules you may study include Econometrics with Big Data; Stochastic Processes; Actuarial Mathematics.

Please see the course page online for a list of core and optional modules:
https://www.southampton.ac.uk/courses/economics-actuarial-science-degree-bsc#modules

Assessment method

We'll assess you using: coursework, lab reports and essays; dissertation; group essays; individual and group projects; self-assessment; teamwork; written exams

How to apply

Apply by
13 January 2027

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:
L1N3
Institution code:
S27
Campus name:
Main Site - Highfield Campus

Points of entry

The following entry points are available for this course:

  • Year 1

Entry requirements

Typical qualification requirements

A level
AAA

Typical offer: AAA including Mathematics.

If you are taking an EPQ in addition to 3 A levels, you will receive the following offer in addition to the standard A-level offer: AAB including grade A in Mathematics plus grade A in the EPQ

UCAS Tariff
Not accepted

Scottish Higher

We normally consider applicants who offer at least 1 Advanced Higher. Applicants presenting with only Highers will be considered on a case by case basis. Where Highers are taken over two years it might be expected that higher grades are achieved, particularly in any specific subjects required. For example, S5 – S6 (2 years): AABBB (A in specific subject) or S6 (1 year): ABBBB (A in specific subject).

Unless a more advanced level (Higher or Advanced Higher) is specified in the stated entry requirements, all applicants will be required to have achieved a pass in Mathematics and English at Standard Grade, Grade 3 or National 5, Grade C, the equivalent of GCSE Grade C/ Grade 4"

Pearson BTEC Diploma (QCF)
DD

DD in the BTEC Diploma plus A in A level Mathematics

Access to HE Diploma
Distinction: 45

Typical offer: 60 credits with a minimum of 45 credits at Level 3, all of which must be at Distinction

Mathematics must be studied to level 3, A-level standard to be considered.

GCSE/National 4/National 5

Applicants must hold GCSE English language (or GCSE English) (minimum grade 4/C).

Scottish Advanced Higher

Offers will be based on exams being taken at the end of S6. Subjects taken and qualifications achieved in S5 will be reviewed. Careful consideration will be given to an individual’s academic achievement, taking in to account the context and circumstances of their pre-university education.
Please see the University of Southampton’s Curriculum for Excellence Scotland Statement for further information. Applicants are advised to contact their Faculty Admissions for more information.

Unless a more advanced level (Higher or Advanced Higher) is specified in the stated entry requirements, all applicants will be required to have achieved a pass in Mathematics and English at Standard Grade, Grade 3 or National 5, Grade C, the equivalent of GCSE Grade C/ Grade 4

Pearson BTEC Extended Diploma (QCF)
DDD

DDD in the BTEC Extended Diploma plus A in A level Mathematics

If you are studying a BTEC Extended Diploma (DDD) you will also need an additional A Level in Mathematics (grade A). However, we can accept an Engineering BTEC Extended Diploma without the additional A Level requirement.

Pearson BTEC Subsidiary Diploma (QCF)
D

D in the BTEC Subsidiary Diploma plus AA from two A levels including Mathematics.

Extended Project
A

The University of Southampton values the Extended Project Qualification. If you are taking an EPQ in addition to 3 A levels, you will receive the following offer in addition to the standard A-level offer: AAB including grade A in Mathematics plus grade A in the EPQ or ABB including grade A in Mathematics and grade B in Further Mathematics plus grade A in the EPQ.

For more information on the University of Southampton’s EPQ Admissions Policy, please see our EPQ Admissions Policy webpage.

International Baccalaureate Diploma Programme
Offer: 36

Typical offer: Pass, with 36 points overall with 18 points at Higher Level, including grade 6 in ‘Analysis and Approaches’ or ‘Applications and Interpretation’

International Baccalaureate Career-related Programme (IBCP):

Offers will be made on the individual Diploma Course subject(s) and the career-related study qualification. The CP core will not form part of the offer. Where there is a subject pre-requisite(s), applicants will be required to study the subject(s) at Higher Level in the Diploma course subject and/or take a specified unit in the career-related study qualification. Applicants may also be asked to achieve a specific grade in those elements.

Please see the University of Southampton International Baccalaureate Career-Related Programme (IBCP) Statement for further information. Applicants are advised to contact their Faculty Admissions Office for more information.

WJEC Level 3 Advanced Skills Baccalaureate Wales
A

AAA from three A levels including Mathematics or AA from two A levels including Mathematics and A from the Advanced Skills Baccalaureate Wales.

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)
DDD

DDD in the BTEC National Extended Diploma plus A in A level Mathematics

If you are studying a BTEC National Extended Diploma (DDD) you will also need an additional A Level in Mathematics (grade A). However, we can accept an Engineering BTEC National Extended Diploma without the additional A Level requirement.

Leaving Certificate - Higher Level (Ireland) (first awarded in 2017)
H1H2H2H2H2H2

Typical offer: H1 H2 H2 H2 H2 H2 including Mathematics at H2

Pearson BTEC Level 3 National Extended Certificate (first teaching from September 2016)
D

D in the BTEC National Extended Certificate plus AA from two A levels including Mathematics.

Cambridge International Pre-U Certificate - Principal
D3D3D3

Typical offer:D3, D3, D3 to include Mathematics

Cambridge Pre-U's can be used in combination with other qualifications such as A Levels to achieve the equivalent of the typical offer

We welcome applicants with other qualifications eg. European Baccalaureate. You will be expected to attain an equivalent standard to the A level applicant. As A level Mathematics is required for this programme, all equivalent qualifications also need an equivalent of A level Mathematics, grade A.

For more details on the suitability of your qualifications please contact the Admissions Team at AdmissionsUG.SS@soton.ac.uk https://www.southampton.ac.uk/courses/economics-and-actuarial-science-degree-bsc?utm_source=-UCAS-Course-Collect&utm_medium=referral&utm_content=UG-aggregator&utm_campaign=UG2024#about

English language requirements

TestGradeAdditional details
IELTS (Academic)6.5with no component below 6.0

All programmes at the University of Southampton are taught and assessed in the medium of English (other than those in modern foreign languages). Therefore, all applicants must demonstrate they possess at least a minimum standard of English language proficiency.https://www.southampton.ac.uk/studentadmin/admissions/admissions-policies/language.page

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.

Most of the students who enrolled on this course in previous years met their offer conditions at our published entry criteria, securing their place on their chosen course. We encourage all applicants with the potential to succeed, regardless of their background, to apply to study with us. Applicants who qualify for contextual admissions will be made an offer which is lower than the typical offer for that programme.

Learn more on the University of Southampton website

Historical entry grades data

This section shows the range of grades that students who received offers were previously accepted on to this course 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.

Not enough data available

We are unable to show previous accepted grades for this course. This could be because the course is new, it's a postgraduate course, there isn't enough historical data, or the provider has opted out of sharing their entry grades data for this course - learn more.

Fees and funding

Tuition fees

Per year tuition fees

LocationFeeYear
England, Scotland, Wales, Northern Ireland, Channel Islands & Republic of Ireland£10050
EU & InternationalTBC

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

Please see our website for further details and updates regarding tuition fees.

We anticipate that international tuition fee levels for 2027 entry will be confirmed in August 2026.

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