About the course

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 encourages you to delve into your passions for mathematics and practical problem-solving. Our attractive blend of solid mathematics, an understanding of real-world financial issues, and computing skills provide you with the core skills essential for entering the actuarial profession. You learn the theory and methods used by professional actuaries, on how to apply mathematical and statistical skills to minimise financial risk when the stakes are high, in areas such as commerce, government, insurance and finance.

　　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 them typical challenges that actuaries face.

　　We expect our graduates of BSc Actuarial Science to become actuaries in a range of industries. It is predicted by the US Department of Labor that the employment of actuaries is expected to grow faster than any other occupation, making it a great prospect for a graduate job.

　　Aside from a rewarding career as an actuary, clear thinkers are required in every profession, so the successful mathematician has an extensive choice of potential careers. The Council for Mathematical Sciences offers further information on careers in mathematics. Scholarships - View all scholarships Internships

　　

Start dates and prices

Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.

　　Duration: 3 Year(s)Fees: Not available

Intake	Location
Autumn (October), 2024	Colchester
Autumn (October), 2025	Colchester

　　

How to apply

Entry requirements for University of Essex

A-levels: BBB, including Mathematics or Further Mathematics.

　　Please note we are unable to accept A-level Use of Mathematics in place of A-level Mathematics

　　BTEC: DDD, only in conjunction with A-level Maths.

　　IB: 30 points or three Higher Level certificates with 555. Either must include Higher Level Mathematics grade 5.

　　We are also happy to consider a combination of separate IB Diploma Programmes at both Higher and Standard Level. Exact offer levels will vary depending on the range of subjects being taken at higher and standard level, and the course applied for. Please contact the Undergraduate Admissions Office for more information.

　　From 2021, we will accept grade 5 in either Higher Level Mathematics: Analysis and Approaches or Higher Level Mathematics: Applications and Interpretation.

　　Access to HE Diploma: 45 Level 3 credits at Merit or above, only in conjunction with A-level Maths.

　　English language requirements for applicants whose first language is not English: IELTS 6.0 overall , TOEFL (iBT) - 76 overall, with a minimum of 17 in listening, 18 in reading, 20 in speaking and 17 in writing

　　

English language requirements

　　6.0

　　Overall IELTS band score

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　　TOEFL Internet based overall score: 76.0

　　

Application deadline:

This date isn’t available – speak to an IDP counsellor to get detailed information.

　　

Further information

Career outcomesIf you aren’t eligible for the above entry requirements, you might want to explore pathway options at University of Essex. If you want to find out more, please speak to our counsellors.

　　Pathway options to study at this institution

　　

Reviews and rankings

World ranking

　　301st / 1250

　　THE World ranking32nd / 130

　　Complete University guide

　　

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