BSc Mathematics & Actuarial Science with Year in Industry

at University of Leicester

Year 1

Modules

• Calculus and Analysis (double module)
• Linear Algebra (double module)
• Probability
• Introductory Statistics
• Business Microeconomics
• Business Macroeconomics

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

Modules

• Actuarial Modelling 1
• Actuarial Modelling 2
• Markov Processes
• Survival Models
• Statistical Distributions and Inference
• Statistical Data Analysis
• Actuarial Professional Skills and Employability
• Business Finance

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)

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

Core modules

• Financial Mathematics
• Mathematical Portfolio Theory
• Liability Modelling

Option modules
Choose two option modules from:

• Operational Research
• Readings in Actuarial Science
• The Management and Shaping of Innovation

Then choose one option module from:

• Generalised Linear Models
• Data Mining and Neural Networks
• Communicating Mathematics
• Advanced Investment Management

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.

• A/AS-levels: AAB-ABB including Maths. Two AS-levels considered in place of one A-level
• EPQ with A-levels: ABB-BBB + EPQ at grade B. A-level subjects to include Maths.
• Access to HE Diploma: Pass Diploma with a minimum of 45 credits at level 3, 30 of which must be at Distinction. Plus A-level Maths at grade A-B. We may consider substantial Level 3 Maths Access credits in place of A-level Maths. Please contact Admissions regarding eligibility
• International Baccalaureate: Pass Diploma with 30 points including 5 points in Maths at HL.
• BTEC Nationals: Pass Extended Diploma with D*DD plus A-level Maths at Grade A-B. Please contact Admissions regarding eligibility
   

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 School.

 

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.

UK Students

Starting in 2022

• £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

If you are resident outside the UK and the Republic of Ireland, you will need to pay a deposit of £3,000 to secure your place. This will be subtracted from your total tuition fee.

 

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 2022 

• £21,750 per year
• Year Abroad: £5,437.50, which is 25% of the full-time tuition fee
• Year in Industry: £3,262.50, which is 15% of the full-time tuition fee

You will need to pay a deposit of £3,000 to secure your place. This will be subtracted from your total tuition fee.

 

From 2022 onwards, EU nationals will pay the International fee. If you are an EU national with settled or pre-settled status under the EU settlement scheme, you may qualify for the UK fee (subject to criteria).

You will be well-placed to work in the worlds of insurance, pensions, healthcare, banking, business management and risk assessment. You will be equipped with mathematical and statistical knowledge and problem-solving skills to help businesses and institutions evaluate the long-term financial implications of the decisions they make.

 

We aim to develop graduates who:

• are comfortable with data and manipulating it
• have great team working skills
• can communicate persuasively in speech and writing
• know why they are in an organisation and what they can contribute

 

We also support your employability through:

• dedicated employability advisers within the careers team, who understand the markets you are applying to
• weekly employability sessions with qualified actuaries reviewing applications and giving advice based on industry experience
• regular Actuarial Society events attracting actuarial and other financial employers to the campus to meet students
• a professional skills and employability module