Actuarial Science brings together mathematical, statistical and financial techniques to minimise financial risk in areas such as commerce, insurance, finance and government, and this new degree could lead to highly rewarding careers in fields such as insurance, annuities, and pensions. Actuarial salaries begin at £30,000 and can progress to six figures. The programme will provide a solid training aligned with the Core Principles syllabus of Institute and Faculty of Actuaries. Depending on the grades obtained, completion of the degree programme can lead to a recommendation for exemption from some or all of CS1, CS2, CM1, CM2, CB1, and CB2.
As a student, you will be taught in our new £32.5m Computational Foundry, a world class centre with state-of-the-art facilities for teaching and research, as well as networking and meeting spaces, to help prepare you for a successful and rewarding career.
The programme will be delivered by the Department of Mathematics in conjunction with the School of Management, both located on the Bay Campus.
The Department is ranked Top 15 in the UK for Teaching ( NSS 2021).
This course will give you a solid training highly aligned with that required for entrance to the actuarial profession – a career which is financially rewarding, highly sought after and a ‘passport’ to working in the global environment.
It will cover topics such as: calculus, analysis, algebra, applied statistics, accounting for business, economics for accounting and finance, real analysis and metric spaces, vector calculus and measure theory, groups and rings, probability, financial accounting, investments, assets, equities and bonds, complex variables, stochastic processes, financial mathematics, stochastic processes and survival models, and actuarial models and interest rates.
**We guarantee that you will be made a conditional offer for a course at Swansea University. Subject requirements will apply. Please come along to our next Open Day or get in touch for further information.**
Course Details - Modules
Teaching block one (TB1) runs from September until January and during this block, for this year, this course will be taught in a ‘blended’ way. This means that some teaching will be done online and some will be on campus. The online teaching, where you will be physically apart from your lecturer, can be ‘live’ with your lecturer present and where you’ll be able to interact. Some of it may be self-directed which means that you can access the learning materials at a time to suit you.
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:
N325
Institution code:
S93
Campus Name:
Bay Campus
Campus code:
Points of Entry
The following entry points are available for this course:
Foundation
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
Applicants who took Mathematics at A-Level should have CCD.
Applicants who did not study Mathematics at AS or A-Level should have BBC and a B grade for GCSE Mathematics.
Access to HE (Science): 27 Merits to include Mathematics.
IB: 24 (including 4 in Maths Higher Level).
Applicants with a BTEC or 'Access to Science' background are welcomed.
Welsh Baccalaureate: Requirements are as for A levels where you can substitute the same non-subject specific grade for the Welsh Baccalaureate Advanced Level Core Grade.
Overseas applicants should have CDD equivalent and IELTS 6.0 (all components at least 5.5).
All applications will be considered on an individual basis, and we will look at the whole application when deciding whether to make an offer of a place, including: the balance, nature and quality of A-level, AS and GCSE subjects (or equivalent); personal statement and referee’s comments.
General Studies and Key Skills qualifications are normally excluded from our offers.
Unfortunately, we are unable to consider applicants with GCSE qualifications alone.
Please click the following link to find out more about qualification requirements for this course
Minimum Qualification Requirements
Minimum Further Information are not listed for this Course.
English language requirements
Test
Grade
AdditionalDetails
English Language Entry Requirement Information are not listed for this Course.
Unistats information
Student satisfaction :
73%
Employment after 15 months (Most common jobs):
60%
Go onto work and study:
95%
Fees and funding
England
9000.0
Year 1
Northern Ireland
9000.0
Year 1
Scotland
9000.0
Year 1
Wales
9000.0
Year 1
EU
17900.0
Year 1
International
17900.0
Year 1
Channel Islands
17900.0
Year 1
Republic of Ireland
17900.0
Year 1
Additional Fee Information
Additional Fee Information are not listed for this Course.
Provider information
Singleton Park
Address2 are not listed for this Course.
Address3 are not listed for this Course.
Swansea
SA2 8PP
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