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BSc (Hons) Actuarial Science with a foundation year

The College, Swansea University ( Navitas ), United Kingdom
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Course Overview

Suppose you enjoy mathematics and want to apply your knowledge to solve real-world business problems. In that case, the Swansea University actuarial science programme is an excellent way to meet your goals.

An actuary is a highly trained and influential business professional who uses advanced mathematical modelling and business understanding to analyse future risks.

Students who pursue this course will gain a solid foundation in the first year in mathematics, business, and study skills. They will be prepared for tremendous success in the following mathematics and management modules. The programme is accredited by the Institute and Faculty of Actuaries (IFoA), so programme modules in mathematics, accounting, finance and economics are aligned with the IFoA professional examinations. Graduates can obtain up to six exemptions from IFoA professional examinations, which is a huge head start toward getting actuarial employment and succeeding as an actuary.

Your learning will be shaped by inspirational and internationally-renowned business professionals with many years of industry experience, including Dr Jafar Ojra, Senior Lecturer in Accounting and Chartered Global Management Accountant.

General Eligibility

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.

Welsh Baccalaureate: Requirements are for A levels where you can substitute the same non-subject specific grade for the Welsh Baccalaureate Advanced Level Core Grade.

Applicants with a BTEC or 'Access to Science' background are welcome.

Unfortunately, we are unable to consider applicants with GCSE qualifications alone.

Access to HE (Science): 27 Merits to include Mathematics.

IB: 24 (including 4 in Maths Higher Level).

Part Time Work Details

Twenty hours of work permit weekly for international students.

What You'll Study

1 Year 1

Compulsory Modules:

  • Introduction to Analysis 1

  • Foundations of Algebra

  • Accounting for Managers

  • Economics for Accounting and Finance

  • Introduction to Analysis 2

  • Introductory Linear Algebra

  • Probability and Statistics

  • Foundations of Finance

2 Year 2

Compulsory Modules:

  • Multi-variable analysis

  • Probability Theory

  • Corporate Finance 1

  • Investments: Assets, Equities and Bonds

  • Metric spaces and measure theory

  • Credibility, Liability and Ruin

  • Statistical Data Analysis

  • Principles of Financial Accounting

Optional Modules

  • Professional Development and Career Planning

3 Year 3

Compulsory Modules:

  • Cashflows and Interest Rates

  • Financial Mathematics in Discrete Time

  • Markov Processes and Applications

  • Machine Learning

  • Assurance and Annuity

  • Financial Mathematics in Continuous Time

  • Risk and Survival Models

Optional Modules:

  • Complex Analysis

  • Partial Differential Equations

  • Dadansoddi Cymhlyg

4 YEAR O (FOUNDATION)

Compulsory Modules:

  • Business

  • Interactive Learning Skills and Communication

  • Statistics

  • Economics

  • Applied Critical Thinking The College - Autumn Term

  • Analytical Techniques 1 The College - Autumn Term

  • The College Resilience Module The College - Autumn Term

  • Analytical Techniques 3 The College - Spring Term

  • Fundamentals of Programming

Language Requirement

  • IELTS5.5
  • TOEFL59
  • PTE50
  • Duolingo69

IELTS 6.0 (all components at least 5.5).

Ready to get started?

For any enquiries or further details, please don't hesitate to contact us. Let's take the next step in your academic journey together.

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