City University London
Finance with Actuarial Science BSc
City University London

Key Course Facts

Student Reviews

Below you can see course specific reviews of 320 graduates of Finance with Actuarial Science BSc and other courses in Finance, Banking, Corporate Finance, Fintech at City University London for each of the survey questions in comparison to the average for all UK degree courses in Finance, Banking, Corporate Finance, Fintech.

Overall student satisfaction
79 /100
320 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Finance, Banking, Corporate Finance, Fintech

Important: Salary data below is not course specific, but contains data of all students of Finance, Banking, Corporate Finance, Fintech 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 £32000 £36000 £47000
25-75 percentile range £30000 - £38000 £28000 - £48000 £32000 - £67000


Salary of all UK Graduates of Finance, Banking, Corporate Finance, Fintech

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £25010 £26844 £34100
25-75 percentile range £21999 - £30181 £20891 - £36088 £24232 - £47892

Course Description

The BSc (Hons) Finance with 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. If you are fascinated by the financial world and have a passion and talent for mathematics, particularly modelling and probability, the Finance with Actuarial Science degree might be the ideal course for you.

The BSc (Hons) Finance with Actuarial Science degree will equip you with financial risk management and analysis skills that will boost your career prospects in investment management, risk management or actuarial science. The focus on investment strategy and portfolio/equity investment management distinguishes this course from standard actuarial science degrees, including our own BSc (Hons) Actuarial Science.

Discover the different aspects of the financial world and in particular how assessing and managing risk is vital for success. To develop the skills you need to understand these ideas, you’ll take a mixture of financial, mathematical, statistical and actuarial modules. You will apply your new technical and analytical skills to solve a wide range of business problems.

In the first year your focus is on building a firm foundation in mathematics, statistics and economics as you begin to develop your understanding of financial risk.

In the second and third years you will broaden your understanding of the financial markets. This will include analysing the various types of financial instruments that are available, how they are valued and how they can be used to provide suitable solutions to financial problems involving risk and return. You will also produce a self-researched final-year project on an area that interests and reflects your ambitions.

Many of our lecturers are qualified actuaries and have worked in the finance sector 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. Bayes 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.

If you wish to study the BSc (Hons) Finance with Actuarial Science degree, but do not satisfy the entry requirements, the Foundation course can provide students with an entry route onto the programme.

* Financial Times European Business School Ranking 2022

Accredited by the EFMD Quality Improvement System.

Accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.

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 Finance with Actuarial Science BSc at City University London

41% Secretarial and related occupations
19% Leisure, travel and related personal service occupations
17% Teaching and Childcare Support Occupation
11% Protective service occupations
2% Skilled trades occupations
2% Teaching Professionals
2% Administrative occupations
2% Teaching and Childcare Associate Professionals
2% Welfare and housing associate professionals
1% Sales occupations

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 approximate percentage of the course assessment, is as follows:** **Year 1** **71% written, 4% practical, 25% coursework** **Year 2** **74% written, 0% practical, 26% coursework** **Year 3** **56% written, 0% practical, 44% coursework**

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Finance, Banking, Corporate Finance, Fintech

Qualification requirements

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 Finance with Actuarial Science, BSc, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees Finance with Actuarial Science 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.

Business

    • #4 
    • #51 
    Finance
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 19 July, 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

Main Site
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