Queen's University of Belfast
Actuarial Science and Risk Management BSc (Hons)
Queen's University of Belfast

Key Course Facts

Student Reviews

Below you can see course specific reviews for 40 graduates of Actuarial Science and Risk Management BSc (Hons) at Queen's University of Belfast 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
81 /100
40 total respondents
The NSS is commissioned by the Office for Students

Salary

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 underlying cornerstone of the Actuarial Science and Risk Management degree is the application of financial and statistical theories to help solve real business problems. The degree combines modules in actuarial modelling, financial reporting, insurance, pensions, economics, finance, mathematics and statistics to develop techniques and skills to assess, evaluate and manage future financial risk and thereby address a wide range of practical problems in long-term financial planning and management. A lot of actuaries' work might be thought of as risk management, which assesses how likely an event may be and the costs associated with that event. This might include investigating how life insurance reserves and future premiums might balance future claims, analysing investment risks, or projecting the financial costs of an epidemic.

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 Actuarial Science and Risk Management BSc (Hons) at Queen's University of Belfast

85% Finance Professionals
10% Protective service occupations
0% Sports and fitness occupations

Grading & Study Time

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for this course

Qualification requirements

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

Scottish Higher qualifications are considered on an individual basis

Access to HE Diploma

Including one in a relevant subject/science (80 UCAS tariff points)

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

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

Including one in a relevant subject/science (90 UCAS tariff points)

For information on international qualification equivalents, please check the specific information for your country at: http://www.qub.ac.uk/International/International-students/Your-Country/
Get advice on which foundation courses are best for you to still study Actuarial Science and Risk Management, BSc (Hons), if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees Actuarial Science and Risk Management BSc (Hons)

England UK £9250 year 1
Scotland £9250 year 1
Wales £9250 year 1
Channel Islands £9250 year 1
Northern Ireland £4710 year 1
Ireland £4710 year 1
EU £20800 year 1
International £20800 year 1
Northern Ireland £4750 year 1
Ireland £4750 year 1

Average student cost of living in the UK

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 Queen's University of Belfast in top UK and global rankings.

See all 30 university rankings of Queen's University of Belfast

About Queen's University of Belfast

Queen’s University Belfast (QUB) is a public institution that has enjoyed international repute for the majority of the institution’s time as an educational centre, and this is reflected today in their impressive University Rankings from Times Higher Education and QS. With the university’s significant reputation for research prominence and academic results, and the city life on offer from Ireland’s capital, QUB deserves the consideration of any student hoping to excel in their field while also creating fond memories while they do it.

List of 326 Bachelor and Master Courses from Queen's University of Belfast - Course Catalogue

Where is this programme taught

Main Site
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