BSc Hons Actuarial Science

Swansea University offers a comprehensive BSc Actuarial Science course which enables students to learn and understand the principles of mathematics, finance and statistics in the context of their practical application in the world of actuarial work. In addition, the course curriculum has also been designed with inputs from practising actuaries to ensure that the course content is industry-relevant.Course Content: The course is structured in a way that students develop an extensive understanding of risk management, investment strategies, funding of social, private and corporate insurance amongst others. In addition, students will also draw on an array of mathematical, financial and statistical techniques such as probability theory, statistics and data analysis, mathematical analysis, and auxiliary fields such as economics and accounting.Key Modules: The first and second year's core include modules like Calculus, Financial Mathematics, Probability Theory, Mathematical Analysis, Statistical Data Analysis, and Economics & Accounting. The third year includes Advanced Financial Mathematics, Stochastic Processes and Time Series, Investments, Risk Management, Actuarial and Financial Modelling, and a tutorial module designed to offer students a chance to engage in independent learning and research.Accreditations: Swansea University’s BSc Actuarial Science course has been designed in consultation with the Institute and Faculty of Actuaries (IFoA), the UK's professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally.Future Careers: BSc Actuarial Science opens doors to a wide range of career opportunities in sectors such as banking and investment, insurance, healthcare, pensions, and all other sectors where risk assessment plays a crucial role. In addition, graduates are prepared for actuarial roles within consultancies, the insurance industry, investment banks, pension funds, and more.For more information on this course, please visit the official course page here.