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BSc Actuarial Science

Actuarial science teaches you the art of turning risks into opportunities. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. You benefit from an excellent starting salary, with graduates earning upwards of £30,000 on average.

Our BSc Actuarial Science encourages you to delve into your passions for mathematics and practical problem-solving. Our attractive blend of solid mathematics, an understanding of real-world financial issues, and computing skills provide you with the core skills essential for entering the actuarial profession. You learn the theory and methods used by professional actuaries; on how to apply mathematical and statistical skills to minimise financial risk when the stakes are high, in areas such as commerce, government, insurance and finance.

Campus Information

Colchester campus

Wivenhoe Park, Colchester CO4 3SQ, United Kingdom

Intakes

Application Processing Time in Days: 20

Minimum English Language Requirements

English Level Description	IELTS (1.0 -9.0)	TOEFL IBT (0-120)	TOEFL CBT (0-300)	PTE (10-90)
Expert	9	120	297-300	86-90
Very Good	8.5	115-119	280-293	83-86
Very Good	8	110-114	270-280	79-83
Good	7.5	102-109	253-267	73-79
Good	7	94-101	240-253	65-73
Competent	6.5	79-93	213-233	58-65
Competent	6	60-78	170-210	50-58
Modest	5.5	46-59	133-210	43-50
Modest	5	35-45	107-133	36-43
Limited	4	32-34	97-103	30-36
Extremely Limited	< 4	< 31	< 93	< 30

Job Opportunity Potential

As a new course, we expect our graduates of BSc Actuarial Science to become actuaries in a range of industries. It is predicted by the US Department of Labor that the employment of actuaries is expected to grow faster than any other occupation, making it a great prospect for a graduate job.

Aside from a rewarding career as an actuary, clear thinkers are required in every profession, so the successful mathematician has an extensive choice of potential careers. The Council for Mathematical Sciences offers further information on careers in mathematics.

PSW Opportunity

2 Years

Admission Requirement / Eligibility Criteria

FOR INDIA

Most of our Undergraduate Bachelor degree courses will consider an average of 60% from the best four subjects from Indian high school qualifications. If you achieve 70% in English from CBSE or CISCE exam board qualification, you will not normally require a separate English language test score.

FOR BANGLADESH

Previous university/college study is required in addition to local high school qualifications for our Undergraduate Bachelor degree courses. We accept a number of international qualifications, including the International Baccalaureate with the majority of our courses requiring grade 30 or above, or the SATR with the majority of our courses requiring a minimum of 1100 out of 1600 with 550 in each test.

FOR NEPAL

Previous university/college study is required in addition to local high school qualifications for our Undergraduate Bachelor degree courses. We accept a number of international qualifications, including the International Baccalaureate with the majority of our courses requiring a grade 30 or above or the SATR with the majority of our courses requiring a minimum of 1100 out of 1600 with 550 in each test.

FOR SRI LANKA

Most of our Undergraduate Bachelor degree courses will consider BBB from Sri Lanka Advanced Level.

University of Essex

Colchester , England ,United Kingdom