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University of East Anglia UEA

Actuarial Sciences

UCAS Code: N324

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

Entry requirements


A level

A,B,B

including Mathematics Grade A. Science A-levels must include a pass in the practical element. Critical Thinking and General Studies are not accepted.

Access to HE Diploma

D:30,M:15

including 12 Level 3 credits in Mathematics at Distinction.

Principal subjects and A-level combinations are considered - please contact us.

International Baccalaureate Diploma Programme

32

including Higher Level 6 in Mathematics: Analysis and Approaches.

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

DDM

in IT, Business or a Science based subject alongside grade A A-Level Mathematics. excludes BTEC Public Services, BTEC Uniformed Services and BTEC Business Administration.

Scottish Advanced Higher

B,C,C

including Mathematics Grade B.

Scottish Higher

A,A,A,B,B

Only accepted in combination with Scottish Advanced Highers.

UCAS Tariff

128-153

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

92%
Applicants receiving offers

You may also need to…

Attend an interview

About this course


Course option

3.0years

Full-time | 2020

Subject

Actuarial science

**About This Course**

Study the art of risk: measuring it, assessing it, managing it, mitigating it – and sometimes profiting from it.

Crossing the road, making a cup of tea, flying on holiday, starting a new business: nearly everything in life encompasses an element of risk. And to an Actuary, risk is everything. If you’re strong on mathematics and have an interest in business and economics, are fascinated by world events and not afraid to take an educated gamble, a career in this small but growing (and pretty lucrative) profession could be ideal.

Our Actuarial Science degree will teach you how to look to the future from a business perspective, assess any likely impact, then put a price on mitigating any risk. And with an integral year in industry, you’ll gain invaluable hands-on experience, putting the theory into practice.

Actuarial Science is exciting, challenging and stimulating – and its skillsets are in increasingly high demand.

**Overview**

If you have a love of mathematics and business but want to work with them in a more applied field, Actuarial Science is a great choice. As well as becoming a professional Actuary, it opens up doors to broader fields including data science and risk management.

Our multidisciplinary Actuarial Science degree course brings together UEA’s Schools of Mathematics, Computing Sciences and Economics, along with the expertise of practicing actuaries.

You’ll develop core skills in mathematics, statistics and finance, and each year you’ll have the option to choose a traditional actuarial module or, if you’re thinking about specialising in data science, you’ll be able focus on developing additional computing skills. Plus, we’ll help you hone the communication and presentation skills essential to any graduate entering the financial sector.

Our strong links with industry mean you’ll have unique opportunities to see theory put into practice, and our syllabus includes guest lectures from working professionals, such as experts from Aviva. What’s more, you’ll have the opportunity to gain exemptions from the professional examinations set by the Institute and Faculty of Actuaries, so you could graduate one step ahead of your competition.

**Disclaimer**

Course details are subject to change. You should always confirm the details on the provider's website: **www.uea.ac.uk**

Tuition fees

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

Channel Islands
£9,250
per year
England
£9,250
per year
EU
£9,250
per year
International
£15,600
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

University of East Anglia UEA

Department:

School of Mathematics

TEF rating:

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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.

85%
high
Actuarial science

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

80%
Staff make the subject interesting
91%
Staff are good at explaining things
74%
Ideas and concepts are explored in-depth
75%
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

88%
Library resources
85%
IT resources
85%
Course specific equipment and facilities
85%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

23%
UK students
77%
International students
54%
Male students
46%
Female students
78%
2:1 or above
6%
Drop out rate

Most popular A-Levels studied (and grade achieved)

A
B
C

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.

£20,000
med
Average annual salary
98%
high
Employed or in further education
49%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

41%
Business, research and administrative professionals
27%
Business, finance and related associate professionals
13%
Information technology and telecommunications 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.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Actuarial science

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£22k

£22k

£26k

£26k

£31k

£31k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

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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