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UndergraduateBachelor of Science (with Honours)UCAS: N323

Actuarial Science

University of Essex
Colchester, England
Visit University Website
3 yearsDuration
£22,600Per Year (Intl)
£27,000Avg. Graduate Salary
77%Satisfaction

Course Overview

Pursue your ambitions in business and management with the BSc (Hons) Actuarial Science at University of Essex. Based in Colchester, England, this programme combines theoretical knowledge with practical application, with a 3-year full-time structure. Actuarial science teaches you the art of turning risks into opportunities. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. You benefit from an excellent starting salary, with graduates earning upwards of £30,000 on average. International tuition fees are £22,600 per year, home/UK fees are £9,535 per year, and a minimum IELTS score of 6.0 is required for admission. Graduates from this programme benefit from strong career prospects, with 71% student satisfaction rating, a median graduate salary of £33,000 within three years, a 80% continuation rate, and 72% of graduates in employment or further study.

What You'll Learn

Financial Mathematics
Probability and Statistical Methods
Life Contingencies and Survival Analysis
Risk Management and Insurance
Mathematical Modelling and Computation
Financial Reporting and Accounting
Actuarial Practice and Professional Development
Dissertation or Individual Research Project
UCAS Code:N323
Academic Year:2026-27 entry
View on university website

Entry Requirements

📋 Academic Entry Requirements

UCAS Points112

🗣️ English Language Requirements

TestOverallLRWS
IELTS Academic65.55.55.55.5
PTE Academic60

L = Listening, R = Reading, W = Writing, S = Speaking

Tuition Fees & Funding

International Student Fee

£22,600

per year

Total Course Cost (3 years)£67,800

Home Student Fee

£9,535

regulated fee

Scholarships available for eligible students

Fees shown are for current entry. Fees may increase annually in line with inflation.

📊 OFFICIAL UK DATA

Graduate Outcomes

Based on official HESA Graduate Outcomes survey data

💰 Graduate Salaries — University of Essex

Time After GraduationLower Quartile SalaryMedian SalaryUpper Quartile Salary
15 months£25,000£27,000£30,000
3 years£26,500£33,000£41,500
5 years£37,000£46,500£64,000

UK subject average: £28,000 — sector benchmark across all UK universities

Graduate Salary vs UK Subject Average

This course
UK average
Salary 3 years after graduation 18% above UK average salary
This course
£33,000
UK average
£28,000
Salary 5 years after graduation 66% above UK average salary
This course
£46,500
UK average
£28,000

Salary trend: ↑ up £13,500 from year 3 to year 5

Official Data

Salary figures are sourced from Discover Uni graduate outcomes data for this subject area at this provider (subject area: CAH17-01-07). These represent typical earnings and may not reflect this specific course. For official data, visit Discover Uni at Discover Uni.

💼 Employment Breakdown

68%Working
4%Studying
20%Work & Study
3%Seeking Work
43%Professional Jobs
Official Data

Graduate employment outcomes are sourced directly from Discover Uni for this specific course and provider. For full details, visit Discover Uni at Discover Uni.

Student Satisfaction

Subject-level average

National Student Survey (NSS) results — undergraduate final-year students only

Teaching on my course
77%
Learning opportunities
84%
Assessment and feedback
80%
Academic support
87%
Organisation and management
87%
Learning resources
92%
Student voice
74%
Continuation rate% students continuing to year 2
88%

National Student Survey via Discover Uni.

Estimated Data

Source: Subject-level average for this provider

7 Scholarships Available

Matched to your course, level & nationality

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Guaranteed

Undergraduate Premium Pathway Scholarship

University of Essex · Undergraduate

£5,000scholarship value
  • Available to all international students
  • For undergraduate study
  • Open to your course
Guaranteed

Essex Transfer Link Early Bird Discount

University of Essex · Undergraduate

£1,000scholarship value
  • Available to all international students
  • Open to your course
Guaranteed117 days left

Essex Preparation Programme Bursary

University of Essex · Undergraduate

£250scholarship value
  • Available to all international students
  • For undergraduate study
  • Open to your course
Merit

International Baccalaureate Excellence Scholarship

University of Essex · Undergraduate

£2,000scholarship value
  • Available to all international students
  • For undergraduate study
  • Open to your course
Competitive73 days left

Study Abroad Turing Scheme Funding

University of Essex · Undergraduate

  • Available to all international students
  • For undergraduate study
  • Open to your course
University of Essex

About University of Essex

University of Essex offers Actuarial Science as part of its comprehensive programme offerings.

#456QS World
#34UK Ranking
14,015+Students
247+Courses

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