BSc (Hons) Actuarial Science with a Year Abroad
Key Details
- Award
- Degree of Bachelor of Science
- UCAS Course Code
- N32A
- Typical Offer
- AAB (specific subject requirements apply)
- Contextual Offer
- BBB
- Course Length
- 4 years
- Course Start Date
- September 2024
Other Course Options
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Why you should choose us
Course Overview
Actuarial science is used to build analytical solutions to solve the financial problems that businesses have. Like all disciplines, actuarial science is constantly adapting to meet the needs of the ever-changing world. New techniques are being developed and replacing the old. At UEA we recognise this and ensure that the BSc in Actuarial Science continues to evolve so to ensure it is the amongst the best actuarial science programmes in the world.
Our actuarial science degrees provide an excellent grounding in actuarial science, data science, and risk management, giving you the chance to accelerate your journey to becoming a financial professional or an actuary or in alternative fields related to managing risk. We have the brightest students studying actuarial science and data science at the UEA. You will be equipped to play a crucial role in a large range of companies from around the world. If you are ambitious, these skills will be the first step to a successful, secure, and well-remunerated career.
We listen closely to our industrial partners to ensure that our courses include the skills that they are looking for in graduates. We are positioned within the School of Engineering, Mathematics and Physics that ensures that our BSc in Actuarial Science will teach you the key aspects of actuarial science and additionally uniquely develops the highly desirable skills in computing and data science. Students also can develop expertise in machine learning, artificial intelligence, and coding in Python.
The course focuses on developing the multi-disciplinarily skills that combine to create actuarial science. You will become skilled in statistics, actuarial mathematics, financial mathematics, financial economics, and corporate finance. There is also the opportunity to choose options in computer science so to develop your expertise in this area too. These skills are needed in many highly rewarding professions, including becoming a fully qualified actuary.
If you have a love of mathematics and want to use your ability to help businesses solve complex financial problems, then actuarial science is the subject for you. Graduates from our degrees are highly sought after and the BSc can lead you into careers such as becoming an actuary, an investment analyst, an underwriter, a risk manager, or a data scientist.
By adding a year abroad to your programme, you’ll have the opportunity to broaden your skillset further by taking additional modules at a partner university. A year abroad will also develop your personal skills and make you stand out to potential employers in the competitive graduate recruitment marketplace.
All our actuarial science courses are fully accredited by the Institute and Faculty of Actuaries (IFoA). Performing well in your studies can lead to being granted up to six exemptions from the IFoA professional examinations. The subject-specific exemptions are CM1, CM2, CS1, CS2, CB1, and CB2. This is very important for those who wish to qualify as an actuary. Many of our graduates use the knowledge and skills they learn to support their careers through study with other professional bodies such as the Chartered Insurance Institute or the Chartered Financial Analyst Institute.
We combine the learning of actuarial skills, techniques, and models along with the building of your professional skills. On top of the subject-specific training, the BSc gives you the unique opportunity to conduct an industrially focused project, attend guest lectures from industry professionals, and develop the key skills to ultimately secure a graduate position. A particular highlight are the two modules focused on employability that involve significant input from Aviva, the global insurer.
The BSc has been designed to allow to you to develop your skills and demonstrate your ability in the multi-disciplinary fields of actuarial science with the aim of you securing the career of your choice.
The year abroad will provide you with an opportunity to enhance and expand both your academic and interpersonal skills. It will allow you to create a truly bespoke programme based on your own interests.
Accreditations
This course is accredited by the Institute and Faculty of Actuaries (IFoA).
Studying an accredited degree course means that you may be eligible for exemptions from some of the IFoA’s professional exams. This will depend on the modules you take and the grades you achieve. For a current list of exemptions please visit the IFoA’s website.
Employability
After the Course
On successful completion of our Actuarial Science degree, your academic performance could earn you exemptions to the professional actuarial examinations set by the Institute and Faculty of Actuaries. This means that on graduation, subject to reaching a certain level of academic performance, you will be entitled to exemptions from CM1&2, CS1&2 and CB1&2. If you achieve a good degree class, you can expect to be fully qualified within two or three years.
Beyond becoming a professional actuary, you could choose to pursue a stimulating and influential career in a wide range of sectors, including business, insurance, pensions, banking, accounting and other financial services.
Careers
A degree at UEA will prepare you for a wide variety of careers. We've been ranked 1st for Job Prospects by StudentCrowd in 2022.
Examples of careers that you could enter include:
- Actuary
- Banking professional
- Data scientist
- Risk manager
- Investment analyst
- Finance manager
Discover more on our Careers webpages.
Entry Requirements
- A Levels
- AAB including Mathematics Grade A. Where applicable Science A Levels awarded by an English Exam board require a pass in the practical element. A-Level General Studies and Critical Thinking are not accepted. Where applicable Science A Levels awarded by an English Exam board require a pass in the practical element. If you are taking an EPQ and three A-levels, we may offer you a one grade reduction on our advertised typical offer alongside an A in the EPQ.
- T Levels
- Obtain an overall Pass including an A in the core of the T Level and a Distinction in the Occupational Specialism. Accepted subjects: Science.
- BTEC
- Extended Diploma: DDD plus A at A-level Mathematics. See below for accepted subjects and combinations. Excludes Public Services, Uniformed Services and Business Administration.
- Contextual Offer
A Level – BBB including Mathematics
Where Applicable Science A-Levels awarded by an English Exam Board require a pass in the practical element
BTEC L3 Extended Diploma – DDM in IT, Business, Engineering, or Science based plus A at A-Level Mathematics
UEA are committed to ensuring that Higher Education is accessible to all, regardless of their background or experiences. One of the ways we do this is through our contextual admissions schemes.
- Scottish Highers
- AAAAA. Only accepted in combination with Scottish Highers Advanced Maths grade B.
- Scottish Advanced Highers
- BBC including B in Mathematics.
- Irish Leaving Certificate
- 4 subjects at H2 including Mathematics, 2 subjects at H3
- Access to HE Diploma
- Pass the Access to HE Diploma with Distinction in 45 credits at Level 3 including 12 credits in Maths.
- International Baccalaureate
- 34 points including HL6 in Mathematics
- GCSE
You are required to have Mathematics and English Language at a minimum of Grade C or Grade 4 or above at GCSE.
- English Foreign Language
Applications from students whose first language is not English are welcome. We require evidence of proficiency in English (including writing, speaking, listening and reading):
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IELTS: 6.0 overall (minimum 5.5 in all components) for year 1 entry
We also accept a number of other English language tests. Review our English Language Equivalencies for a list of example qualifications that we may accept to meet this requirement.
Test dates should be within two years of the course start date.
If you do not yet meet the English language requirements for this course, INTO UEA offer a variety of English language programmes which are designed to help you develop the English skills necessary for successful undergraduate study:
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- Interviews
Most applicants will not be called for an interview and a decision will be made via UCAS Hub. However, for some applicants an interview will be requested. Where an interview is required, the Admissions Service will contact you directly to arrange a time.
- Deferred Entry
We welcome applications from students who have already taken or intend to take a gap year. We believe that a year between school and university can be of substantial benefit. You are advised to indicate your reason for wishing to defer entry on your UCAS application.
- Intakes
This course is open to UK and International applicants. The annual intake is in September each year.
Additional Information or Requirements
Extended Diploma: DDD plus A at A-level Mathematics.
Diploma: DD plus A at A-level Mathematics.
Extended Certificate: D plus AB at A-Level including A at A-level Mathematics.
If you do not meet the academic requirements for direct entry, you may be interested in one of our Foundation Year programmes such as - BSc Computing Science with a Foundation Year .
UEA are committed to ensuring that Higher Education is accessible to all, regardless of their background or experiences. One of the ways we do this is through our contextual admissions schemes.
We welcome and value a wide range of alternative qualifications. If you have a qualification which is not listed here, or are taking a combination of qualifications, please contact us via Admissions Enquiries.
International Requirements
We accept many international qualifications for entry to this course. View our International Students pages for specific information about your country.
INTO University of East Anglia
If you do not meet the academic and/or English language requirements for direct entry our partner, INTO UEA offers progression on to this undergraduate degree upon successful completion of a preparation programme. Depending on your interests, and your qualifications you can take a variety of routes to this degree: International Foundation in Mathematics and Actuarial Sciences.
Admissions Policy
Our Admissions Policy applies to the admissions of all undergraduate applicants.
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Fees and Funding
Tuition Fees
View our information for Tuition Fees.
Scholarships and Bursaries
We are committed to ensuring that costs do not act as a barrier to those aspiring to come to a world leading university and have developed a funding package to reward those with excellent qualifications and assist those from lower income backgrounds. View our range of Scholarships for eligibility, details of how to apply and closing dates.
Course Related Costs
Students are strongly encouraged to purchase recommended texts for the actuarial modules as well as a copy of the Formulae and Tables for Examinations of the Faculty of Actuaries and the Institute of Actuaries. These can be purchased via the School at a discounted price at the start of each academic year.
Please see Additional Course Fees for details of other course-related costs.
How to Apply
Apply for this course through the Universities and Colleges Admissions Services (UCAS), using UCAS Hub.
UCAS Hub is a secure online application system that allows you to apply for full-time undergraduate courses at universities and colleges in the United Kingdom.
Your application does not have to be completed all at once. Register or sign in to UCAS to get started.
Once you submit your completed application, UCAS will process it and send it to your chosen universities and colleges.
The Institution code for the University of East Anglia is E14.
View our guide to applying through UCAS for useful tips, key dates and further information: