Mathematics with Actuarial Science

Entry Year:2019

3 study options

Mathematics with Actuarial Science BSc (Hons)

Key information

Degree
BSc (Hons)
Duration
3 years
Start
September 2019
UCAS code
G1N3
Institution code
Q50
Typical A-Level offer
Grades AAA - AAB at A-Level. This must include grade A or above in A-Level Mathematics. Excludes General Studies.
Full entry requirements
UK/EU fees
£9,250
International fees
£17,250
Funding information
Paying your fees

Mathematics with Actuarial Science with Professional Placement BSc (Hons)

Key information

Degree
BSc (Hons)
Duration
4 years
Start
September 2019
UCAS code
G1N5
Institution code
Q50
Typical A-Level offer
Grades AAA - AAB at A-Level. This must include grade A or above in A-Level Mathematics. Excludes General Studies.
Full entry requirements
Fees
Fees for this course are not available yet. Please contact the Fees Office for more information.

Mathematics with Actuarial Science with Year Abroad BSc (Hons)

Key information

Degree
BSc (Hons)
Duration
4 years
Start
September 2019
UCAS code
GN3Y
Institution code
Q50
Typical A-Level offer
Grades AAA - AAB at A-Level. This must include grade A or above in A-Level Mathematics. Excludes General Studies.
Full entry requirements
UK/EU fees
£9,250
International fees
£17,250
Funding information
Paying your fees
Mathematics with Actuarial Science
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Overview

Follow a bespoke, accredited programme combining mathematics, statistics and business that’s designed to give you a head start in your actuarial career.

Actuaries are problem-solvers who can think strategically, drawing on their mathematical skills to measure the probability and risk of future events. This profession offers a satisfying and financially rewarding career path across areas such as general insurance, life insurance, pensions and investment.

Taught in conjunction with the School of Business and Management, this degree programme combines core mathematics with specialist modules in probability, statistics, actuarial and financial mathematics, and business economics. You’ll have the opportunity to learn from qualified actuaries with many years of industry experience.

Alongside your academic studies you’ll follow a professional development programme, gaining relevant skills and industry knowledge in preparation for a successful career.

Professional recognition

This degree is currently accredited by the Institute and Faculty of Actuaries (IFoA). Successful students gain up to eight exemptions from the IFoA Core Technical examinations*.

Find out more about the professional qualifications required for an actuarial career.

*Pending reaccreditation under the new IFoA curriculum (from 2019); we expect to continue to offer students similar exemptions to the current scheme. Please keep an eye on this page, which will be kept up to date with the latest information.

Undergraduate Open Days

Friday 21 & Saturday 22 June

Be part of our campus community

Register now

Structure

You can complete your Mathematics with Actuarial Science degree in three or four years. If you choose to do a professional placement or year abroad, this will take place in Year 3, and Year 3 modules will instead be studied in Year 4.

Year 1

  • Actuarial Professional Development I
  • Calculus I and II
  • Computing and Data Analysis with Excel
  • Economics for Business Management
  • Essential Mathematical Skills
  • Introduction to Probability
  • Numbers, Sets and Functions
  • Probability and Statistics I
  • Vectors and Matrices

Please note that all modules are subject to change.

Year 2

Compulsory

  • Actuarial Mathematics I and II
  • Actuarial Professional Development II
  • Applied Linear Algebra
  • Corporate Financial Reporting
  • Probability and Statistics II
  • Statistical Modelling I
  • Statistics for Insurance

Choose one from

  • A QMUL Model module offered by another School
  • Introduction to Computer Programming

Please note that all modules are subject to change.

Year 3

Compulsory

  • Corporate Financial Management
  • Financial Mathematics I, II and III
  • Random Processes
  • Survival Models
  • Time Series

Choose one from

  • Actuarial Project
  • Bayesian Statistics
  • Statistical Theory

Please note that all modules are subject to change.

Study options

Apply for this degree with any of the following options. Take care to use the correct UCAS code - it may not be possible to change your selection later.

Professional Placement

Apply for our Mathematics with Actuarial Science BSc with Professional Placement to spend a year carrying out paid work in the financial sector as part of your degree. As well as helping you to stand out from the crowd and secure graduate employment, a placement is an excellent opportunity to develop your business skills and put your learning into context.

Year abroad

Go global and study abroad as part of your degree – apply for our Mathematics with Actuarial Science BSc with a Year Abroad. Queen Mary has links with universities in Europe, North America, Asia and Australia (partnerships vary for each degree programme).

Find out more about study abroad opportunities at Queen Mary and what the progression requirements are.

You can do either a year in a professional placement or a year abroad - you cannot combine these options.

Testimonial

My degree is changing the way I think about maths. Every day we learn new theories and concepts and applications of these on some broader dimensions. We've also had interesting guest lectures given by people from industry.

Teaching

Teaching and learning

You’ll learn through lectures and tutorials, and in exercise classes where students work together on problems, discuss ideas and ask questions. Many statistical modules have a practical element, presented in one of our computer labs.

Formal teaching time typically takes up 16 hours each week. You’ll also be expected to complete additional hours of independent study.

Assessment

Most of your modules will be assessed by an examination worth at least 90 per cent of the year’s study, with the remainder covered by coursework and tests.

Management modules are assessed using a combination of coursework (presentations, assignments, essay report writing, in-class tests, research and project work) and/or examinations in May or June.

Resources and facilities

The School of Mathematical Sciences is investing £18m to create an inspiring, collaborative space for our community of students and staff, due for completion in April 2019. The building will include high-quality teaching rooms, private and group study areas and a new social hub.

You’ll also have access to a purpose-built media suite designed to support student entrepreneurship.

Video

Find out what our students think about studying Mathematics with Actuarial Science at Queen Mary.

Entry requirements

Mathematics with Actuarial Science - BSc (Hons)

A-LevelGrades AAA - AAB at A-Level. This must include grade A or above in A-Level Mathematics. Excludes General Studies.
IBInternational Baccalaureate Diploma with a minimum of 36 - 34 points overall, including 6,6,6 - 6,6,5 from three Higher Level subjects. This must include Mathematics at Higher Level.
BTECSee our detailed subject and grade requirements
Access HEWe consider applications from students with the Access to Higher Education Diploma in a Physics or Mathematics based discipline. The minimum academic requirement is to achieve 60 credits overall, with 45 credits at Level 3, of which 30 credits must be at Distinction and 15 credits at Merit or higher. Applications are considered on a case by case basis. Due to the high volume of applications, we do not make offers of study purely on the basis of meeting grade requirements. Please note, the minimum academic requirement for G102, G1G3 and GN1H will be slightly higher.
GCSEMinimum five GCSE passes including English at grade C or 4.
Contextualised admissionsWe consider every application on its individual merits and will take into consideration your individual educational experiences and context. More information on how academic schools and programmes use this information as part of the admissions process, can be found on our contextualised admissions pages.

Mathematics with Actuarial Science with Professional Placement - BSc (Hons)

A-LevelGrades AAA - AAB at A-Level. This must include grade A or above in A-Level Mathematics. Excludes General Studies.
IBInternational Baccalaureate Diploma with a minimum of 36 - 34 points overall, including 6,6,6 - 6,6,5 from three Higher Level subjects. This must include Mathematics at Higher Level.
BTECSee our detailed subject and grade requirements
Access HEWe consider applications from students with the Access to Higher Education Diploma in a Physics or Mathematics based discipline. The minimum academic requirement is to achieve 60 credits overall, with 45 credits at Level 3, of which 30 credits must be at Distinction and 15 credits at Merit or higher. Applications are considered on a case by case basis. Due to the high volume of applications, we do not make offers of study purely on the basis of meeting grade requirements. Please note, the minimum academic requirement for G102, G1G3 and GN1H will be slightly higher.
GCSEMinimum five GCSE passes including English at grade C or 4.
Contextualised admissionsWe consider every application on its individual merits and will take into consideration your individual educational experiences and context. More information on how academic schools and programmes use this information as part of the admissions process, can be found on our contextualised admissions pages.

Mathematics with Actuarial Science with Year Abroad - BSc (Hons)

A-LevelGrades AAA - AAB at A-Level. This must include grade A or above in A-Level Mathematics. Excludes General Studies.
IBInternational Baccalaureate Diploma with a minimum of 36 - 34 points overall, including 6,6,6 - 6,6,5 from three Higher Level subjects. This must include Mathematics at Higher Level.
BTECSee our detailed subject and grade requirements
Access HEWe consider applications from students with the Access to Higher Education Diploma in a Physics or Mathematics based discipline. The minimum academic requirement is to achieve 60 credits overall, with 45 credits at Level 3, of which 30 credits must be at Distinction and 15 credits at Merit or higher. Applications are considered on a case by case basis. Due to the high volume of applications, we do not make offers of study purely on the basis of meeting grade requirements. Please note, the minimum academic requirement for G102, G1G3 and GN1H will be slightly higher.
GCSEMinimum five GCSE passes including English at grade C or 4.
Contextualised admissionsWe consider every application on its individual merits and will take into consideration your individual educational experiences and context. More information on how academic schools and programmes use this information as part of the admissions process, can be found on our contextualised admissions pages.

Non-UK students

We accept a wide range of European and international qualifications in addition to A-levels, the International Baccalaureate and BTEC qualifications. Please visit International Admissions for full details.

If your qualifications are not accepted for direct entry onto this degree, consider applying for a foundation programme.

English language

Find out more about our English language entry requirements, including the types of test we accept and the scores needed for entry to the programme.

You may also be able to meet the English language requirement for your programme by joining a summer pre-sessional programme before starting your degree.

Further information

See our general undergraduate entry requirements.

Funding

Loans and grants

UK students accepted onto this course are eligible to apply for tuition fee and maintenance loans from Student Finance England or other government bodies.

Scholarships and bursaries

Queen Mary offers a generous package of scholarships and bursaries, which currently benefits around 50 per cent of our undergraduates.

Scholarships are available for home, EU and international students. Specific funding is also available for students from the local area. International students may be eligible for a fee reduction. We offer means-tested funding, as well as subject-specific funding for many degrees.

Find out what scholarships and bursaries are available to you.

Support from Queen Mary

We offer specialist support on all financial and welfare issues through our Advice and Counselling Service, which you can access as soon as you have applied for a place at Queen Mary.

Take a look at our Student Advice Guides which cover ways to finance your degree, including:

  • additional sources of funding
  • planning your budget and cutting costs
  • part-time and vacation work
  • money for lone parents.

Careers

The programme is ideally suited to students planning a career as an actuary. In addition, it also offers excellent preparation for other careers in business and finance.

Recent graduates of the School of Mathematical Sciences have been hired by:

  • Aon
  • Deloitte
  • Direct Line
  • Government Actuary’s Department (GAD)
  • Legal and General
  • QBE Insurance Group.

Career support

The School of Mathematical Sciences provides networking opportunities and runs events to help you identify potential career options. You can also gain certification in applications such as Microsoft Excel and SAS (Statistical Analysis Software). We have a dedicated careers consultant and an internships coordinator.

The Queen Mary careers team can also offer:

  • specialist advice on choosing a career path
  • support with finding work experience, internships and graduate jobs
  • feedback on CVs, cover letters and application forms
  • interview coaching.

Learn more about career support and development at Queen Mary.

Unistats data for these courses

  • Mathematics with Actuarial Science - BSc (Hons)

  • Mathematics with Actuarial Science with Professional Placement - BSc (Hons)

  • Mathematics with Actuarial Science with Year Abroad - BSc (Hons)

About the School

With over 60 academic staff passionate about mathematics, the School of Mathematical Sciences is an exciting place to be for those who share our love of mathematical discovery. We foster a thriving research culture and a supportive learning environment that puts the needs of our students first.

Our aim is to make your studies enjoyable, challenging and rewarding, and to provide you with every opportunity to build the knowledge and experience you need for future success.

Our active Mathematics Society organises social events, residential trips, talks and career events. We are also engaged in the wider community and regularly run interactive activities to encourage more students to take mathematics at A-level and degree level.

The School holds a department-level Athena SWAN Bronze award, which recognises and celebrates good employment practice for women working in mathematics and science education and research.

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