Mathematics and Actuarial Science BSc, 3-4 years

Start date:

2019

Risk and uncertainty are where actuaries shine – drawing on their mathematical skills to help businesses and organisation make better financial decisions. It can be a high-stakes role, but we’ll give you the confidence to carve out an exciting career.

Typical offer
AAB
UCAS code
GN1H
Department
Mathematics

Admissions enquiries
+44 (0)116 252 5281
seadmissions@le.ac.uk

Course enquiries
+44 (0)116 229 7407
mathsug@le.ac.uk

Department of Mathematics website

Course description

Course description

This Mathematics and Actuarial Science BSc combines two important, related subjects.

Actuarial science is the study of risk and uncertainty, usually of a financial and long-term nature. Professionals who work in this industry are called actuaries, and it’s a career that’s regularly voted as a top three choice in job rankings. The strong intellectual challenges combined with the expected financial rewards make this a highly sought-after profession.

Mathematics is one of the most fascinating and intellectually challenging subjects you can study. The Department of Mathematics at the University of Leicester is home to an enthusiastic group of mathematicians, both staff and students.

On this course you will become comfortable with data and with its manipulation. You will also develop great team working skills and persuasive communication techniques. Crucially, you will be in a position to know why you are in an organisation and what you can contribute.

Completing this degree can lead to you obtaining exemptions from the first tier of the Institute and Faculty of Actuaries' exams, alongside a wide range of related skills which will enable you to add value in many areas for your future employers.

Leicester is one of the first universities to fully embed the Institute and Faculty of Actuaries' Curriculum 2019 syllabus into our Actuarial courses. This means we integrate more business-focused knowledge and skills, such as data science and predictive analytics, as well as focusing more keenly on the development of personal and professional competencies. With the added benefit of an optional year in industry, this will help you become more work-ready in a competitive environment.

Download a prospectus (PDF, 6MB)

Entry requirements

Entry requirements

  • A/AS-levels: AAB including grade A in Maths. Two AS-levels considered in place of one A-level. General Studies accepted
  • EPQ with A-levels: ABB + EPQ at grade B. A-level subjects to include Maths at grade A.
  • GCSE: If you plan to spend a Year Abroad you will need Grade C/4 in GCSE French, German or Italian
  • Access to HE Diploma: Pass relevant diploma with a minimum of 45 credits at level 3, 30 of which must be at Distinction. To include 15 credits at Distinction in Maths Level 3 modules. Plus grade A in Maths A-level
  • International Baccalaureate: Pass Diploma with 32 points  with a minimum of 17 points at HL, including 6 points in Maths at HL.
  • BTEC Nationals: Pass Diploma with DDM plus A-level Maths at Grade A. Please contact department regarding eligibility

Other national and international qualifications considered.

Selection Process

When considering your application, we will look for evidence that you will be able to fulfil the objectives of the course and achieve the standards required. We will take into account a range of factors including previous exam results.

Applicants are not normally interviewed. If you receive an offer you will be invited to visit the department.

English Language Requirements

IELTS 6.0 or equivalent. If your first language is not English, you may need to provide evidence of your English language ability. If you do not yet meet our requirements, our English Language Teaching Unit (ELTU) offers a range of courses to help you to improve your English to the necessary standard.

International Qualifications

Find your country in this list to check equivalent qualifications, scholarships and additional requirements.

Countries list

Fees and funding

Fees and funding

UK and EU Students

Starting in 2019

  • £9,250 in your first year. Tuition fees are subject to government regulations and may change in future years
  • Year in Industry: your fee will be 15% of the full-time tuition fee that applies in that year

Find out more about scholarships and funding.

Additional costs

Please note that you will need to buy a Casio FX83GT calculator (approximately £6). This is not included in your tuition fee.

International Students

Starting in 2019

  • £16,700 per year
  • Year in Industry: £2,505, which is 15% of the full-time tuition fee

Find out more about scholarships and funding.

Additional costs

Please note that you will need to buy a Casio FX83GT calculator (approximately £6). This is not included in your tuition fee.

Accreditation

Accreditation

The BSc in Mathematics and Actuarial Science is aimed at students who are specifically interested in becoming an Actuary.

This course is fully accredited by the Institute and Faculty of Actuaries, meaning that it is one of only 12 in the UK able to offer exemptions from the whole CT1-8 of the Core Technical examinations.

Careers and employability

Careers and employability

Our drop-in sessions are tailored to develop employability skills.

Training in computing and programming is available for all students, helping you develop work-place skills.

Our highly active actuarial society (LASS) provides opportunities to meet and question actuarial employers from life insurance, general insurance, pensions, investments and wider fields, as well as those with a research background.

Our Career Development Service is here to support you, with advice on interviews, CVs, work experience, volunteering and more. From Freshers’ Week to Graduation and beyond, they are here to help you reach your professional goals.

Related courses

Related courses

Course structure

Year 1

Year 1

Modules

At the end of Year 1 it may be possible to transfer to the BSc in Mathematics (or the four-year MMath).

Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.

Year 2

Year 2

Modules

Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.

Year in Industry (optional)

Year in Industry (optional)

If you want to, you can take a year out between Years 2 and 3 to work in an industrial placement (provided you meet set criteria). Or you can opt to continue studying at the University and complete your degree in three years.

NB. A year spent on an industrial placement still incurs a tuition fee, but this is much lower than for a normal year at Leicester. See our Fees and Funding section for details.

You will undertake a programme of training and practical experience that is agreed between the sponsoring company and the University. A member of staff will be individually assigned to you as your industrial placement tutor, who will be in regular contact with you throughout your placement and will visit the sponsoring company.

A year in industry is a great opportunity which can give you first-hand experience of working in a mathematics-related career while also enhancing your employability skills and allowing you to network with people in industry.

Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.

Year 3

Year 3

Core modules

Option modules

Choose two option modules from:

Then choose one option module from:

Plus your Actuarial Mathematics Project (double module).

Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.

Teaching and learning

As well as lectures, your course will involve regular group meetings, run by both staff and other students, where students’ work is discussed. You will gain experience in presenting mathematical arguments to fellow students, which will enhance and develop your presentation and communication skills.

Development of ICT and programming skills is an integral part of all our mathematics degrees. Through a combination of computer labs and dedicated modules, you will learn to use the computational functions in Excel, program in Matlab and VBA and use LaTeX for scientific writing. However, no previous knowledge of computing is needed for any of our degrees.

A typical week for a first or second year student might consist of nine or ten hours of lectures, about four hours of small group working and about three hours of problem classes or computer classes. You will also spend several hours a week on private study: review of lecture material, problem solving, additional reading and preparing for tutorials.

Independent learning

When not attending lectures, seminars or other timetabled sessions you will be expected to continue learning independently through self-study. Typically, this will involve reading journal articles and books, working on individual and group projects, undertaking research in the library, preparing coursework assignments and presentations, and preparing for exams. To help with your independent learning, you can access the Library and our social study spaces in halls of residence.

Your contact hours will depend on the option modules you select. You can see details of the contact hours on individual module pages.

Academic support

Our Student Learning Development Team provides help in the following areas:

  • study and exam skills
  • academic writing
  • presentations
  • dissertations
  • numerical data skills
  • referencing sources

Our AccessAbility Centre offers support and practical help for students with dyslexia or other specific learning difficulties, including physical, mental health or mobility difficulties, deafness, or visual impairment.

Teaching staff

You will be taught by an experienced teaching team whose expertise and knowledge are closely matched to the content of the modules on the course. PhD research students who have undertaken teacher training may also contribute to the teaching of seminars under the supervision of the module leader. Our teaching is informed by the research we do. You can learn more about our staff by visiting our staff profiles.

Apply now

Course Qualification Duration UCAS Code Availability
Course Mathematics and Actuarial Science Qualification BSc Duration 3 years full-time UCAS Code GN1H Availability Apply Now
Course Mathematics and Actuarial Science with Year in Industry Qualification BSc Duration 4 years, full-time UCAS Code GN1H Availability Apply Now