City University London
Data Analytics and Actuarial Science (with Professional Placement) BSc
City University London

Key Course Facts

Salary

Salary of Graduates in Economics

Important: Salary data below is not course specific, but contains data of all students of Economics at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £27500 £29000 £40000
25-75 percentile range £24000 - £32000 £25500 - £38000 £31000 - £50500


Salary of all UK Graduates of Economics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £27715 £27758 £35844
25-75 percentile range £23440 - £32465 £21680 - £36020 £26019 - £47995

Course Description

The BSc (Hons) Data Analytics and Actuarial Science degree is delivered by Bayes Business School (formerly Cass), one of Europe’s leading business schools. Part of City, University of London, Bayes is ranked amongst the top 6 business schools in the UK*.

Actuarial science involves the application of quantitative skills to problems in finance that normally involve risk or uncertainty, whilst data analytics involves using coding, data and the latest advances in information technology to solve real-world problems. If you are fascinated by both and have a passion and talent for mathematics, particularly modelling and probability, the Data Analytics and Actuarial Science degree might be the ideal course for you.

Traditionally, actuaries have used data to solve problems in the financial risk area. However, the world of finance is being transformed by two major trends – the increase in the volume and types of data and the focus on risk management. This means some problems are now best solved using different data analysis techniques.

This course prepares you for these new challenges. You will explore the traditional actuarial approach to risk management but you’ll also learn about some of the newest areas of data science, including artificial intelligence and machine learning, and their practical application to finance and insurance. Our in-depth teaching of the state-of-the-art Python and R programming languages – highly sought after in the global data science industry – is a flagship feature of this course.

As well as developing your understanding of mathematics, probability, statistics, economics and IT, you’ll also look into probability modelling, data analysis and the financial markets. You’ll also be able to demonstrate your skills and your ability to communicate your findings in your final year project.

This degree can provide up to five exemptions from the Institute and Faculty of Actuaries’ examinations.

As you would expect, the Data Analytics and Actuarial Science undergraduate course sets you up for a career in actuarial science. However, the course will also prepare you for a career in the wider fields of data analysis and risk management, or in investment management or financial analysis.

Many of our lecturers are qualified actuaries and data analysts and have worked in the finance and IT sectors and continue to consult for corporate organisations, so you will benefit from their first-hand knowledge and business experience. As we place a high value on teaching both theory and application, you will emerge from your degree with a good understanding of how to use your newly acquired knowledge in the workplace.

All Bayes undergraduate students will also choose from a range of professional experience modules so that when you graduate you are equipped with the knowledge and experience to make you an attractive candidate to employers. You will also take a career-focused module suitable for your chosen course to help you prepare for entering the job market.

A key part of this degree is the opportunity to gain professional work experience or a period of study abroad. Students are eligible to apply for a one-year paid work placement during the third year of a four-year sandwich degree course. Students enjoy a wide range of opportunities in business areas such as insurance and risk management, actuarial investment pricing and capital management. Recent placements include: the Association of British Insurers, Aviva/Friends Life, Prudential and Legal & General.

Students can alternatively apply to spend one year studying abroad during the third year of a four-year sandwich degree course. Students can apply to study at a business school at one of our prestigious partner universities, including the University of Waterloo, Canada; and the Chinese University of Hong Kong.

*Financial Times European Business School Ranking 2022

Accredited by the Association of Chartered Certified Accountants (ACCA) for the purpose of exemptions from some professional examinations.

Accredited by the Institute of Chartered Accountants in England and Wales (ICAEW) for the purpose of exemption from some professional examinations.

Accredited by the Chartered Institute of Public Finance and Accountancy (CIPFA) for the purpose of exemption from some professional examinations.

Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route.

Jobs & Career Perspectives

15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Data Analytics and Actuarial Science (with Professional Placement) BSc at City University London

35% Teaching Professionals
35% Protective service occupations
10% Managers, directors and senior officials
5% Elementary occupations
5%
5% Teaching Professionals
5% Welfare and housing associate professionals

Grading & Study Time

You will be assessed using a variety of methods, depending on module choices including: - Coursework - Unseen written examinations, taking place at the end of each term (or at the end of a year, if a module is taught over two terms) - Class tests - Online quizzes and tests, using the Virtual Learning Environment - Presentation - Group projects, individual projects. ****Percentage of the course assessed by coursework:**** The balance of assessment by examination, practical examination and assessment by coursework will to some extent depend on the optional modules you choose. **The approximate percentage of the course assessment is as follows:** **Year 1** **65% written, 35% coursework** **Year 2** **58% written, 42% coursework** **Year 3** **43% written, 57% coursework**

Grading Distribution

Students of the course received the following grades

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for this course

Qualification requirements

M in T Level Health, Healthcare Science, or Science.

Scottish Higher qualifications are considered on an individual basis

Access to HE Diploma

31-30 overall or 665-655 in 3 HL subjects.

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

If Mathematics is not taken beyond GCSE, a grade 7, (or A) in GCSE Mathematics, or Core Mathematics grade B is essential

Including a relevant subject/science @ C or above (80 UCAS tariff points)

As a global institution, Bayes Business School aims to foster greater racial diversity in business. Therefore Bayes has launched a new scholarship for undergraduate black British students. We are offering ten scholarships for Black UK-domiciled undergraduate students from lower than average income households. Each scholarship covers the full tuition fee (at home-fee level) and a £6,000 annual stipend for three years. Scholarship holders will also be offered mentoring and support. The Bayes International Scholarship is awarded to students who achieve exceptional grades. The scholarship will be awarded as a discount in the fee amount due in the first year of their study only. City, University of London also offers scholarships for UK students who achieve exceptional grades. The scholarship will likely be awarded as a discount in the fee amount due in the first year of their study only. Please visit www.bayes.city.ac.uk/study/undergraduate/application-and-funding/scholarships for further information about scholarships including eligibility criteria. Eligibility criteria for students starting their studies in September 2024 will be updated in September 2023. Conditions are subject to annual change.

Get advice on which foundation courses are best for you to still study Data Analytics and Actuarial Science (with Professional Placement), BSc, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees Data Analytics and Actuarial Science (with Professional Placement) BSc

England UK £9250 year 1
Northern Ireland £9250 year 1
Scotland £9250 year 1
Wales £9250 year 1
EU £24500 year 1
International £24500 year 1

Average student cost of living in London

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

How to apply

Application deadline:

January 1, 2025

This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.

Possible Entry Points:

  • year 1 (Default entry point)

University Rankings

Positions of City University London in top UK and global rankings.

Rankings of City University London in related subject specific rankings.

Computer Science

    • #32 
    • #301 
    Computer Science
    THE World University Rankings by Subject
    [Published 26 October, 2022]

See all 27 university rankings of City University London

About City University London

Founded in 1894, City University London (a.k.a. City) is located in Central London. Due to its location, City attracts students from around the world, and as a result offers a diverse campus culture. The facilities on-site have been developed with each student’s future work environment in mind. So Law students have access to simulation courts of law, and future Nurses can expect to make use of mock medical wards. Academics aside, being located in Central London means learners can get around quickly thanks to the numerous public transport options in the area.

List of 153 Bachelor and Master Courses from City University London - Course Catalogue

Student composition of City University London

undergraduates:
11620
postgraduates:
4690
Total:
16310
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Where is this programme taught

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