Studyportals placeholder

Actuarial Mathematics, B.Sc.

  • Application Deadline
  • 36 months
    Duration
University rank #93 (QS) ,
The Actuarial Mathematics programme is designed to prepare you for a career as an actuary, combining financial and actuarial mathematics with statistical techniques and business topics.

About

Actuaries use mathematical, statistical, financial and economic theory to solve real business problems, typically involving risk, uncertainty and the financial impact of undesirable events. There is an increasing demand for actuaries in both the private and public sector, working within a variety of areas such as banking, investment management, consultancy, manufacturing, transport, insurance and pensions.

You will be taught jointly by the School of Mathematics and Leeds University Business School. The programme covers most of the content of The Actuarial Profession’s (Institute/Faculty of Actuaries) core technical subjects CT 1-8. On graduation, you will be able to apply for exemptions from some of The Actuarial Profession’s exams.

Career Opportunities

An actuarial mathematics degree can take you down many career paths into some of the highest paid and most satisfying roles in employment.

Traditionally, actuaries have been employed in the insurance and pensions industry, but there is increasing demand for their analytical skills in other parts of the private and public sector, for example, financial services such as banking and investment management, consultancy, manufacturing, transport, and energy.

We offer the opportunity for you to be in full-time employment in year three of the programme through our industrial placement scheme. Most employers look favourably upon a year spent in industry when you are looking to secure a graduate role. Click here to read more about some of the companies our students completed their industrial placement with. This academic year a new module was introduced for second year students, called 'Maths at Work'. The module focuses on improving skills used in a work environment. This is done through a group project, which involves team work, communication and presentation skills. Also, throughout the course, employers and careers advisers deliver talks.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 36 months
  • Credits
    360 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include

  • Introductory Financial Accounting
  • Introductory Management Accounting
  • Economic Theory and Applications 
  • Calculus and Mathematical Analysis
  • Numbers and Vectors
  • Linear Algebra with Applications
  • Modelling with Differential Equations
  • Financial Mathematics 
  • Probability and Statistics

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    87

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    6

    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.

    Schedule IELTS

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

  • Minimum required score (Grade B2):

    169

    C1 Advanced is a Cambridge English Qualification. It reports on the Cambridge English Scale between 142 and 210. You will receive a separate score for each of the four skills (reading, writing, listening and speaking) and for Use of English. These five scores are averaged to give you an overall result for the exam. Universities and colleges may ask you to achieve a specific score, either overall or for a particular skill.

    Note: degree programmes and applications may require a more specific minimum score for admission.

Academic Requirements

A level: AAA - A*AB including mathematics

AAB or A*BB, including further mathematics.

AAB or A*BB, PLUS grade A in AS-level further mathematics.

We always require at least grade A in A-level mathematics. If you are taking further mathematics at A-level or AS-level, we usually make an additional alternative offer. In all cases, the first grade quoted is the Mathematics A-level.

We don’t accept general studies or critical thinking but may take account of these at the confirmation stage.

Applicants taking a Science A-level (in England) will be required to achieve a pass in the practical element in addition to the standard A-level grade requirement.

GCSE: You must also have GCSE english at grade C or above (or equivalent).

International

We accept a range of international equivalent qualifications.

StudyPortals Tip: Students should consider taking one of the Pre-Bachelor's below. these courses will be necessary if:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills
Search all Pre-Bachelors

Tuition Fee

Living costs for Leeds

  • 637 - 1110 GBP/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

If you have the talent and drive, we want you to be able to study with us, whatever your financial circumstances. There is help for students in the form of loans and non-repayable grants from the University and from the government. 

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.

The Global Study Awards: get funded with up to £10,000 to study abroad

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.