Actuarial Science with Year Abroad
Queen Mary University of London
UCAS Code: N32Y | Bachelor of Science (with Honours) - BSc (Hons)
Queen Mary University of London
UCAS Code: N32Y | Bachelor of Science (with Honours) - BSc (Hons)
Entry requirements
A level
Including Mathematics Excluded subjects - General Studies and Critical Thinking Please note: You will also be expected to achieve a Pass grade in the practical endorsement for any of the following A levels - Biology, Chemistry, Physics - if taken with one of the Awarding Bodies in England.
Access to HE Diploma
We consider applications from students with the Access to Higher Education Diploma in a 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.
GCSE/National 4/National 5
A minimum of five GCSE passes to include English and Maths at grade C or 4 or an acceptable equivalent will be required.
International Baccalaureate Diploma Programme
Including 6,6,6 in HL subjects, including HL Mathematics.
Queen Mary University of London welcomes applications from students currently studying Level 3 BTEC qualifications and will consider you for entry to the majority of our undergraduate courses. The typical entry requirements will vary according to the course you are applying for. Some of our courses require specific subject knowledge which you may not be able to cover as part of a Level 3 BTEC qualification and we may therefore require additional Level 3 qualifications to ensure that you are suitably prepared for relevant courses. A small number of our courses do not accept BTEC qualifications for entry, either as a standalone qualification, or in combination with other qualifications at Level 3. Information on our typical entry requirements and guidance for applying can be found at http://www.qmul.ac.uk/undergraduate/entry/btec/ If you are at all unsure about the acceptability of your BTEC qualification for entry, please contact the Admissions team for individual advice (admissions@qmul.ac.uk).
UCAS Tariff
We've calculated how many Ucas points you'll need for this course.
About this course
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.
Kickstarting your career
We’ve always got your future in mind. As part of our Actuarial Professional Development module, which you’ll take in your first and second year, professional actuaries come to campus to talk about their career path. Past speakers have worked at organisations including the Institute and Faculty of Actuaries, EY, Aviva and the Financial Conduct Authority. Students studying within The School of Mathematical Sciences have secured placements at EY, Goldman Sachs and Renault.
After graduating, you might work as an actuarial analyst, auditor, actuarial consultant or data science consultant. This career path is the perfect way to turn numbers into new insights and shape understanding of risk.
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.
Modules
Year 1
Actuarial Professional Development
Applied Calculus
Applied Probability & Statistics
Economics for Business Management
Numbers, Sets and Functions
Programming in Python I
Vectors and Matrices
Please note all modules are subject to change.
Assessment methods
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.
Tuition fees
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The Uni
Queen Mary University of London
Mathematical Sciences
What students say
We've crunched the numbers to see if the overall teaching satisfaction score here is high, medium or low compared to students studying this subject(s) at other universities.
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.
Mathematics
Teaching and learning
Assessment and feedback
Resources and organisation
Student voice
Who studies this subject and how do they get on?
Most popular A-Levels studied (and grade achieved)
Finance
Teaching and learning
Assessment and feedback
Resources and organisation
Student voice
Who studies this subject and how do they get on?
Most popular A-Levels studied (and grade achieved)
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.
Mathematics
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.
Top job areas of graduates
Want to feel needed? This is one of the most flexible degrees of all and with so much of modern work being based on data, there are options everywhere for maths graduates. With all that training in handling figures, it's hardly surprising that a lot of maths graduates go into well-paid jobs in the IT or finance industries, and last year, a maths graduate in London could expect a very respectable average starting salary of £27k. And we're always short of teachers in maths, so that is an excellent option for anyone wanting to help the next generation. And if you want a research job, you'll want a doctorate — and a really good maths doctorate will get you all sorts of interest from academia and finance — and might secure some of the highest salaries going for new leavers from university.
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.
Top job areas of graduates
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.
Mathematics
The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.
£24k
£33k
£39k
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.
Finance
The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.
£23k
£32k
£38k
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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Teaching Excellence Framework (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).
This is the percentage of final-year students at this university who were "definitely" or "mostly" satisfied with their course. We've analysed this figure against other universities so you can see whether this is high, medium or low.
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This information is from the Higher Education Statistics Agency (HESA), for undergraduate students only.
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.
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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
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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?
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