Actuarial Science with a Placement Year London School of Economics and Political Science

Overview

The Actuarial Science with a Placement Year at the London School of Economics and Political Science provides a rigorous academic foundation in quantitative methods and their practical applications. Students engage with a multidisciplinary curriculum that explores insurance, finance, and risk management through a social science lens. This programme is specifically designed to prepare individuals for the complex challenges of the modern financial world.

The degree is characterised by its mathematical focus and its emphasis on solving real-world problems in sectors such as commerce, government, and climate change. By integrating theoretical knowledge with professional practice, the curriculum ensures that graduates are well-equipped for managerial roles.

Why Actuarial Science with a Placement Year at the London School of Economics and Political Science?

The Department of Statistics at the university holds an international reputation for pioneering research and excellence in teaching. Students benefit from close links to the Data Science Institute and a curriculum informed by world-leading research in probability and time series. The programme also offers significant professional advantages, including exemptions from various professional examinations from the Institute and Faculty of Actuaries.

Tuition Fee Breakdown

• International fee: GBP 30700 per year
• National fee: GBP 9535 per year

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

The curriculum is structured to build core quantitative skills before allowing for specialist options in later years. Modules may include:

• Elementary Statistical Theory
• Mathematical Methods
• Microeconomics
• Macroeconomics
• Probability and Distribution Theory
• Statistical Inference
• Mathematics for Finance and Investment
• Survival Models
• Stochastic Processes

Careers with Actuarial Science with a Placement Year

Graduates are highly sought after by diverse financial services organisations and global consultancies. Many alumni secure high-earning positions in life and general insurance, investment banking, and risk analysis. The quantitative expertise gained also opens doors to careers in data analytics, the civil service, and professional accounting firms. Common employers include specialist actuarial consultancies and international pension providers.