Thank you for considering an application
To apply you’ll need to:
- Make note of the Queen Mary institution code: Q50
- Make note of your chosen course UCAS code:
Actuarial Science
- N323 — BSc (Hons)
- GGX2 — BSc (Hons) Mathematics with Foundation
- N32Y — BSc (Hons) with a Year Abroad
- N32P — BSc (Hons) with Professional Placement
- Click on the link below:
Have further questions? How to apply | Entry requirements
Actuarial Science BSc
4 study options
Actuarial Science BSc (Hons)
Key information
- Degree
- BSc (Hons)
- Duration
- 3 years
- Start
- September 2027
- UCAS code
- N323
- Institution code
- Q50
- Typical A-Level offer
- Grades AAA at A-Level. This must include grade A or above in A-Level Mathematics.
Full entry requirements (including contextual admissions) - Home fees
- £10050
- Overseas fees
- £30950
Funding information
Paying your fees
Mathematics with Foundation BSc (Hons)
Key information
- Degree
- BSc (Hons)
- Duration
- 4 years
- Start
- September 2027
- UCAS code
- GGX2
- Institution code
- Q50
- Typical A-Level offer
- Grades BBC at A-Level. This must include A-Level Mathematics.
Full entry requirements (including contextual admissions) - Home fees
- £10050
- Overseas fees
- £26750
Funding information
Paying your fees
Actuarial Science with a Year Abroad BSc (Hons)
Key information
- Degree
- BSc (Hons)
- Duration
- 4 years
- Start
- September 2027
- UCAS code
- N32Y
- Institution code
- Q50
- Typical A-Level offer
- Grades AAA at A-Level. This must include grade A or above in A-Level Mathematics.
Full entry requirements (including contextual admissions) - Home fees
- £10050
- Overseas fees
- £30950
Funding information
Paying your fees
Actuarial Science with Professional Placement BSc (Hons)
Key information
- Degree
- BSc (Hons)
- Duration
- 4 years
- Start
- September 2027
- UCAS code
- N32P
- Institution code
- Q50
- Typical A-Level offer
- Grades AAA at A-Level. This must include grade A or above in A-Level Mathematics.
Full entry requirements (including contextual admissions) - Home fees
- £10050
- Overseas fees
- £30950
Funding information
Paying your fees
Overview
The future is uncertain, but statistics can reveal ways to measure risk. Study this accredited course to learn how.
Imagine being able to predict the future. Not by using a crystal ball, but with numbers. To become an actuary, you’ll need a combination of mathematical expertise, specialist knowledge and drive to make a difference.
Taught by experts with many years of industry experience, our programme is accredited by the Institute and Faculty of Actuaries (IFoA). Our research covers everything from geometry and analysis to algebra and number theory.
As well as mathematics, you’ll unravel areas like probability, actuarial and financial mathematics, and business economics. All of this will mean you’ll be exempt from up to six of the seven Core Principles exams, so you’ll be on your way to becoming a qualified actuary with the Institute and Faculty of Actuaries.
Professional recognition
This degree is currently accredited by the Institute and Faculty of Actuaries (IFoA). Successful students gain exemptions from up to six of the seven Core Principles examinations under the new IFoA Curriculum 2019.
Find out more about the professional qualifications required for an actuarial career.
Structure
You can complete your 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
Core and compulsory
- Numbers, Sets and Functions
- Economics for Business Management
- Vectors and Matrices
- Applied Calculus
- Applied Probability and Statistics
- Actuarial Professional Development I
Please note that all modules are subject to change.
Year 2
Core and compulsory
- Corporate Financial Reporting
- Actuarial Mathematics I
- Actuarial Professional Development II
- Statistical Modelling I
- Actuarial Mathematics II
- Statistics for Insurance
- Actuarial Statistics
- Probability and Statistics II
- SMS Placement Tutorial
Please note that all modules are subject to change.
Year 3
Core and compulsory
Guided elective
- Random Processes
- Survival Models
- Bayesian Statistical Methods
- Actuarial Financial Engineering
- Mathematical Tools for Asset Management
- Time Series
- Introduction to Machine Learning
- Complex Networks
- Third Year Project
Please note that all modules are subject to change.
The full programme details and description are available in our Programme and Module Directory
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.
Integrated foundation year
Students who do not have the required high school qualifications for admission to this degree and students who do not meet their UCAS conditional offer may be considered for the 4-year degree (foundation year plus the 3-year degree).
International students with Year 12 or a completed international high school certificate qualify for the one-year foundation programme commonly known as the ISEFP.
The foundation programme offers a range of transferable skills and an opportunity to improve on your knowledge content for relevant Maths and Science subjects.
You will enrol on a Mathematics BSc with Foundation which will offer progression to a range of degrees in the School of Mathematical Sciences including BSc Actuarial Science. At the end of the foundation programme, students will be required to meet the progression requirements for admission to BSc Actuarial Science
Professional Placement
Apply for our 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.
A Professional Placement/Industrial Experience year is not guaranteed, but you will receive support to identify and apply for opportunities, as well as interview preparation support to secure a placement/industrial experience year.
Year abroad
Go global and study abroad as part of your degree – apply for our Actuarial Science BSc with a Year Abroad. Queen Mary has links with universities across the globe, including North America, Asia and Australia (partnerships vary for each degree programme).
Find out more about study abroad opportunities at Queen Mary
You can do either a year in a professional placement or a year abroad - you cannot combine these options.
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Student Testimonial
"This course provides the foundation for my path towards becoming a fully qualified actuary and offers a deep level of general mathematical understanding. The specialist modules are taught by professional actuaries, who invite guests to give us a first-hand insight into the field."
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
We use a wide range of assessment methods, including examinations (typically contributing 60% and 80% of the module mark), individual and group projects, computer-based assessments and oral presentations. Some students will also complete a final-year project.
Resources and facilities
The School of Mathematical Sciences has invested £18m to create an inspiring, collaborative space for our community of students and staff. The building includes high-quality teaching rooms, private and group study areas and a new social hub.
Entry requirements
| A-Level | Grades AAA at A-Level. This must include grade A or above in A-Level Mathematics. |
| IB | International Baccalaureate Diploma with a minimum of 36 points overall, including 6,6,6 from three Higher Level subjects. This must include Mathematics at Higher Level. We will consider either Mathematics: Applications and Interpretation or Mathematics: Analysis and Approaches at Higher Level. |
| BTEC | BTEC qualifications are considered for entry to this programme.\n |
| GCSE | Both GCSE English and Maths at grade C or 4 or an acceptable equivalent will be required.\n\n |
| Contextualised admissions | Our standard contextual offer: ABB, including A in Maths at A-Level. \n\nOur enhanced contextual offer: BBB, including Maths at A-Level. \n\nMore information on our contextual offer criteria can be found on our contextualised admissions page. \n\nPlease note that General Studies and Critical Thinking are excluded from any A-Level offer and cannot be considered. \n |
| A-Level | Grades BBC at A-Level. This must include A-Level Mathematics. |
| IB | International Baccalaureate Diploma with a minimum of 28 points overall, including 5,5,4 from three Higher Level subjects. This must include Mathematics at Higher Level. We will consider either Mathematics: Applications and Interpretation or Mathematics: Analysis and Approaches at Higher Level. |
| BTEC | BTEC qualifications are considered for entry to this programme. |
| Access HE | Access qualifications are not considered for entry to this programme. |
| GCSE | Both GCSE English and Maths at grade C or 4 or an acceptable equivalent will be required. |
| Contextualised admissions | We 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. |
| A-Level | Grades AAA at A-Level. This must include grade A or above in A-Level Mathematics. |
| IB | International Baccalaureate Diploma with a minimum of 36 points overall, including 6,6,6 from three Higher Level subjects. This must include Mathematics at Higher Level. We will consider either Mathematics: Applications and Interpretation or Mathematics: Analysis and Approaches at Higher Level. |
| BTEC | BTEC qualifications are considered for entry to this programme. |
| GCSE | Both GCSE English and Maths at grade C or 4 or an acceptable equivalent will be required. |
| Contextualised admissions | Our standard contextual offer: ABB, including A in Maths at A-Level. Our enhanced contextual offer: BBB, including Maths at A-Level. More information on our contextual offer criteria can be found on our contextualised admissions page. Please note that General Studies and Critical Thinking are excluded from any A-Level offer and cannot be considered. |
| A-Level | Grades AAA at A-Level. This must include grade A or above in A-Level Mathematics. |
| IB | International Baccalaureate Diploma with a minimum of 36 points overall, including 6,6,6 from three Higher Level subjects. This must include Mathematics at Higher Level. We will consider either Mathematics: Applications and Interpretation or Mathematics: Analysis and Approaches at Higher Level. |
| BTEC | BTEC qualifications are considered for entry to this programme. |
| GCSE | Both GCSE English and Maths at grade C or 4 or an acceptable equivalent will be required. |
| Contextualised admissions | Our standard contextual offer: ABB, including A in Maths at A-Level. Our enhanced contextual offer: BBB, including Maths at A-Level. More information on our contextual offer criteria can be found on our contextualised admissions page. Please note that General Studies and Critical Thinking are excluded from any A-Level offer and cannot be considered. |
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
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
Preparing you for your future
Our Actuarial Science degree gives you skills employers value.
Develop the mathematical and statistical expertise to analyse data, understand risk and make informed financial decisions. You’ll learn how to apply these skills to real-world challenges, preparing you for professional careers where you can turn numbers into insights and help organisations understand and manage risk.
Put your actuarial skills into practice
Get an insight into the profession through our Actuarial Professional Development module, which you’ll take in your first and second year. Professional actuaries come to campus to share their career journeys and experiences, with past speakers from organisations including the Institute and Faculty of Actuaries, EY, Aviva and the Financial Conduct Authority.
You can also gain valuable industry experience through placements. Students in the School of Mathematical Sciences have secured placements with organisations including EY, Goldman Sachs and Renault.
Where Actuarial Science can take you
After graduating, you could work as an actuarial analyst, auditor, actuarial consultant or data science consultant. Whether you’re analysing financial data, assessing risk or using data to uncover new insights, actuarial science can open up a range of opportunities across finance, consulting and beyond.
Recent graduate employers include:
Cap Gemini UK
EY
ISIO Group
Lane Clark & Peacock
MS Amlin
Oracle Corporation
Willis Towers Watson
Career support
Build your employability through networking opportunities, careers events and industry-focused certifications, including Microsoft Excel and SAS. You’ll also have access to a dedicated careers consultant and internships coordinator to help you explore your options and gain valuable experience.
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
Data for these courses
Actuarial Science - BSc (Hons)
The Discover Uni dataset (formerly Unistats)
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.
