BSc Actuarial Science
Queen Mary University of London
About this course
BSc (Hons) in Actuarial Science, a mathematics and accounting and finance degree focused on risk measurement and numerical analysis. Core topics include Statistics, Mathematical Modelling, Accounting, and Artificial Intelligence & Machine Learning. This programme holds accreditation from the Institute and Faculty of Actuaries (IFoA), granting successful students exemptions from up to six of the seven Core Principles examinations. The course begins with Year 0 foundation modules such as Communication in Science and Technology, Further Mathematics, and Science and Engineering Success. Year 1 introduces core principles through Numbers, Sets and Functions, Applied Calculus, and Applied Probability & Statistics. Year 2 advances into specialized disciplines including Corporate Financial Reporting, Actuarial Mathematics I, Probability and Statistics II, and Statistical Modelling I. The final year covers advanced compulsory material like Corporate Financial Management and Financial Mathematics, alongside optional studies in Bayesian Statistical Methods, Random Processes, Introduction to Machine Learning, and a Third-Year Project.
Written by AI from the university's course page and module list. It can get details wrong, so check the official course page before you rely on it.
Entry requirements
Actuarial Science - BSc (Hons): A-Level: Grades AAA at A-Level. This must include grade A or above in A-Level Mathematics. IB: International Baccalaureate Diploma with a minimum of 36 points overall, including 6,6,6 from three Higher Level subjects. This must include Mathematics at Higher Level. We will consider either Mathematics: Applications and Interpretation or Mathematics: Analysis and Approaches at Higher Level. BTEC: See our detailed subject and grade requirements. GCSE: Both GCSE English and Maths at grade C or 4 or an acceptable equivalent will be required. Contextualised admissions: Our standard contextual offer: ABB, including A in Maths at A-Level. Our enhanced contextual offer: BBB, including Maths at A-Level. More information on our contextual offer criteria can be found on our contextualised admissions page . Please note that General Studies and Critical Thinking are excluded from any A-Level offer and cannot be considered.
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What students say
Based on about 10 final-year students who answered, across similar courses at this university (a small group: a rough guide only)
- Teaching on my course: 88%
- Learning opportunities: 91%
- Assessment and feedback: 84%
- Academic support: 87%
- Organisation and management: 93%
- Learning resources: 84%
- Student voice: 84%
Do students stay on the course?
Based on about 20 students who started, across similar courses at this university (a small group: a rough guide only)
- Continued on course: 90%
- Left higher education: 5%
- Moved to a lower qualification: 5%
What graduates do next
Based on about 7 graduates who answered, across similar courses at this university (a small group: a rough guide only)
- Working: 70%
- Working and studying: 20%
- Unemployed: 5%
Most common jobs
- Information Technology Professionals: 19%
- Finance Professionals: 18%
- Business and public service associate professionals: 12%
- Administrative occupations: 10%
- Teaching Professionals: 8%
- Find their work meaningful: 75%
- Feel on track for their future plans: 58%
- Use what they learnt on the course: 46%
Where graduates work (5 years on)
Based on about 185 graduates, across similar courses at this university
- North West: 2%
- East Midlands: 1%
- West Midlands: 2%
- East of England: 8%
- London: 75%
- South East: 10%
- South West: 1%
Who gets in
Based on about 15 students who started, across similar courses at this university (a small group: a rough guide only)
- A levels: 60%
- Baccalaureate: 10%
- Foundation course: 20%
- Other qualifications: 10%
Accreditation & quality ratings
- Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.
TEF 2023 (whole university): Silver overall, Bronze for student experience, Silver for student outcomes.
Modules
- Communication in Science and Technology
- Further Mathematics
- Science and Engineering Success
- Foundations of Chemical Science
- Foundations of Physical Science
- Foundations of Engineering
- Mathematics B
- Actuarial Professional Development I
- Numbers, Sets and Functions
- Applied Calculus
- Applied Probability & Statistics
- Economics for Business Management
- Vectors and Matrices
- Applied Calculus (continued)
- Applied Probability & Statistics (continued)
- Corporate Financial Reporting
- Actuarial Mathematics I
- Probability and Statistics II
- Actuarial Professional Development II
- Statistical Modelling I
- Actuarial Mathematics II
- Statistics for Insurance
- Actuarial Statistics
- Corporate Financial Management
- Financial Mathematics
- Bayesian Statistical Methods
- Random Processes
- Survival Models
- Introduction to Machine Learning
- Actuarial Financial Engineering
- Mathematical Tools for Asset Management
- Third-Year Project
- Time Series
- Mathematics of Networks
Questions about this course
How much do graduates of BSc Actuarial Science at Queen Mary University of London earn?
The median salary is £29,000 after 15 months, £32,000 after 3 years, £37,000 after 5 years. After five years the middle half of graduates earn between £28,000 and £52,000. The £37,000 median after five years is £2,500 less than the UK median for Mathematics.
What do graduates of BSc Actuarial Science at Queen Mary University of London do next?
85% were in work or further study 15 months after finishing (Graduate Outcomes 2022-23).
Are students happy with the teaching on BSc Actuarial Science at Queen Mary University of London?
88% of final-year students were positive about the teaching in the National Student Survey 2024-25.
What grades do I need for BSc Actuarial Science at Queen Mary University of London?
The typical offer is AAA at A level, or 36 points in the IB. The average entrant had 167 UCAS points.
Is BSc Actuarial Science at Queen Mary University of London accredited?
Yes. Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.
Does BSc Actuarial Science at Queen Mary University of London include a placement year or year abroad?
The course has a compulsory year abroad.
How many students continue on BSc Actuarial Science at Queen Mary University of London?
90% of students continued into their second year, and 5% left higher education.