Actuarial Science and Diploma in Industrial Training
Heriot-Watt University
Actuarial Science and Diploma in Industrial Training
Course Summary
Heriot-Watt is a world-leading centre of teaching and research in actuarial mathematics, financial mathematics, risk management, probability and statistics. As the first department to offer a BSc in Actuarial Science in the UK, we have over 40 years of experience in delivering excellence and our actuarial programmes are fully accredited by the UK actuarial profession (IFoA). We are also recognised as a Center of Actuarial Excellence by the North American Society of Actuaries (SOA), the world’s largest actuarial professional organization. We are the only Center of Actuarial Excellence in Europe.
Our Actuarial Science and Diploma in Industrial Training degree is ideal if you’re interested in maths and looking for a course that offers a rewarding career – both intellectually and financially. It is unique in that it combines the rigorous studies of the BSc (Hons) Actuarial Science programme with a year-long work placement. Lasting five years, this Honours programme is longer than standard. Good performance means students can gain exemptions from professional examinations (CT1-CT8) as well as 12 months’ experience of working in an organisation such as a life insurance company, a pension consultancy, an investment management firm or a bank. Successful completion of this work placement is essential to achieving the Diploma in Industrial Training. The work placement helps you to develop specific work-related skills, giving you the opportunity to apply and build upon the theory you learn in your studies. It allows you to take on real responsibilities, enhance your interpersonal skills through teamwork and communication and experience workplace culture.
The Diploma is available to all students, including those from overseas, as it does not require a work visa. It is your responsibility to find a suitable work placement; acceptance onto the programme does not guarantee you a placement. Our award-winning Careers Service will help you in your search. Our students have completed placements with PwC, Aegon, Prudential and Mercer. If you are registered on the programme but are unable to find a suitable work placement before the end of level 3, it is possible to transfer to the standard BSc (Hons) Actuarial Science degree.
Actuarial Science students at Heriot-Watt can take advantage of our international campuses by taking part in an Inter-Campus Transfer. This gives you the opportunity to study at our Malaysia campus for a semester or a year, while still benefitting from the same accreditation by the IFoA as in Edinburgh, with the chance to gain the same professional exemptions.
Our Students’ Actuarial Society (SAS) is entirely managed, enthusiastically and professionally, by our Actuarial Science students. With over 250 members, it is one of the largest societies dedicated to actuarial studies in the UK. Regular conferences, professional development and networking events with leading actuaries keep members up-to-date with the profession and in a prime position to begin their careers.
Course Details - Modules
Modules are not listed for this Course.
Course Details – Assessment Method
Assessment Methods are not listed for this Course.
Course Details – Professional Bodies
Professional Bodies are not listed for this Course.
How to Apply
26 January This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.
Application Codes
Course code:
5G5B
Institution code:
H24
Campus Name:
Edinburgh Campus
Campus code:
Points of Entry
The following entry points are available for this course:
Year 1
Year 2
Year 3
Entry Requirements for Advanced Entry (Year 2 and Beyond)
Entry Requirements for Advanced Entry are not listed for this Course.
International applicants
Standard Qualification Requirements
including Mathematics at A for entry to Year 1.
For entry to Year 2: AAA including Mathematics.
HNC in relevant subject (including sufficient Mathematics at SCQF Level 6) with B in graded unit for entry to Year 1.
HND in relevant subject (including sufficient Mathematics at SCQF Level 6) with BB in graded units for entry to Year 1.
including Mathematics at A.
including Mathematics at A plus excellent Highers for entry to Year 2.
with Higher Level Mathematics at 6 for entry to Year 1.
For entry to Year 2: A total of 30 points with Higher Level Mathematics at 7.
Relevant BTEC qualifications are accepted; please contact the Admissions Office for further details.
We operate contextual admissions defined by our Fair Access Policy which may mean entry requirements are flexible.
We accept a wide range of other qualifications from the UK, Europe and International countries. Please contact the Admissions Officer for the programme for further information on the entry requirements for these.
Please click the following link to find out more about qualification requirements for this course
Minimum Qualification Requirements
including A in Maths.
including A in Maths.
As part of the Fair Access Process, the minimum entry requirements enable students who are within one or more of the categories below to be guaranteed an offer:
Living in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20)
Care Experienced, as identified on the UCAS Application form by ticking the relevant box.
Please click the following link to find out more about qualification requirements for this course
English language requirements
Test
Grade
AdditionalDetails
Applicants whose native language is not English and who have not been educated previously in the English language must provide evidence of their English language ability to ensure they can cope with the demands of a Heriot-Watt programme taught and assessed in English. Further information about the English Language tests that we currently accept as proof of English Language ability including our own English Language programmes, can be viewed on our website.
