Actuaries are often tasked with solving business problems. For example, they may analyse future financial events, especially when the amount or timing of a payment is uncertain. Actuaries may also assess when and where devastating storms may hit to help predict risks, and their associated costs, for investments or insurance.
In this course, you will develop the mathematical and statistical techniques relevant to model industrial and commercial processes against a financial and economic background. You will also learn to identify the risk factors and determine the price and cost of those risks.
In your third year you will choose to specialise in actuarial science or actuarial and applied statistics. To be eligible for entry to the actuarial science major, there is a minimum course-weighted average mark that you must have achieved.
You can apply until:
Always verify the dates on the programme website.
You can choose to do this programme part-time or full-time.Full-time
You need the following IELTS score:
Minimum required score:
The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.
StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.