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Queen's University Belfast

Actuarial Science and Risk Management

UCAS Code: N323

Bachelor of Science (with Honours) - BSc (Hons)

Entry requirements


A level

A*,A,A

Including A-level Mathematics or A-level grades AAA including Mathematics plus A in a fourth AS-level subject. A-level General Studies and Critical Thinking are normally excluded from offers. However, the grade achieved may be taken into account when results are published in August and may be used in a tie-break situation.

Not acceptable unless applicant is studying A-level Maths – then individual consideration.

International Baccalaureate Diploma Programme

37

Successful completion of IB with a total of 37 points including 6, 6, 6 in Higher Level subjects including Mathematics.

Leaving Certificate - Higher Level (Ireland) (first awarded in 2017)

H1,H1,H1,H1,H2,H2

Including Higher Level grade H1 in Mathematics.

Not acceptable unless applicant is studying A-level Mathematics.

Scottish Advanced Higher

A,A,A

AAA (Mathematics) in Advanced Highers plus A in a fourth Scottish Higher subject. Combination of Advanced Higher Mathematics grade A + minimum of 4 Highers given individual consideration.

Combination of Advanced Higher Mathematics grade A + minimum of 4 Highers given individual consideration.

UCAS Tariff

152-168

We’ve calculated how many Ucas points you’ll need for this course.

67%
Applicants receiving offers

About this course


Course option

4years

Sandwich | 2019

Subjects

Actuarial science

Financial risk

The underlying cornerstone of the Actuarial Science and Risk Management degree is the application of financial and statistical theories to help solve real business problems. The degree combines modules in actuarial modelling, financial reporting, insurance, pensions, economics, finance, mathematics and statistics to develop techniques and skills to assess, evaluate and manage future financial risk and thereby address a wide range of practical problems in long-term financial planning and management. A lot of actuaries' work might be thought of as risk management, which assesses how likely an event may be and the costs associated with that event. This might include investigating how life insurance reserves and future premiums might balance future claims, analysing investment risks, or projecting the financial costs of an epidemic.

Tuition fees

Select where you currently live to see what you'll pay:

England
£9,250
per year
EU
£4,160
per year
International
£15,550
per year
Northern Ireland
£4,160
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

Queen's University Belfast

Department:

Queen's Management School

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What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

80%
med
Actuarial science
80%
med
Financial risk

How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Finance

Teaching and learning

76%
Staff make the subject interesting
93%
Staff are good at explaining things
77%
Ideas and concepts are explored in-depth
74%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

83%
Library resources
89%
IT resources
82%
Course specific equipment and facilities
75%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

68%
UK students
32%
International students
61%
Male students
39%
Female students
77%
2:1 or above
5%
Drop out rate

Most popular A-Levels studied (and grade achieved)

A
A
A

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Finance

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£21,000
med
Average annual salary
99%
high
Employed or in further education
85%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

53%
Business, research and administrative professionals
43%
Business, finance and related associate professionals
1%
Welfare and housing associate professionals
What do graduate employment figures really tell you?

Over 2,000 students graduated with a degree in finance in 2015, and a sign of the strength of the finance industry, numbers are on the up. Over half of finance graduates go into the finance industry, with accountancy and financial advice roles particularly popular. It's also quite common for finance graduates to go into jobs which require you to take more training and gain professional qualifications — finance graduates who take further study are more likely to be studying accountancy than finance. About a third of graduates start their careers in London - but Glasgow, Manchester and Birmingham are other popular locations for finance graduates to work.

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This is what the university has told Ucas about the criteria they expect applicants to satisfy; some may be compulsory, others may be preferable.

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This is the percentage of applicants to this course who received an offer last year, through Ucas.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

We calculate a mean rating of all responses to indicate whether this is high, medium or low compared to the same subject area at other universities.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA).

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

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Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here