Swansea University
Actuarial Science MSc
Swansea University

Course modalities offered

Key Course Facts

Course Description

An actuary is a business professional who applies mathematics and statistics to assess risk in a wide variety of contexts ranging from insurance and banking to health and government planning. The MSc in Actuarial Science is designed to give graduates from numerate disciplines a grounding in the mathematical and statistical theories needed to become a qualified actuary. You will gain key marketable skills in applying mathematics and statistics to the modelling of actuarial problems. This programme is accredited by the professional body for actuaries in the UK (the Institute and Faculty of Actuaries), and successful graduates will gain exemptions from up to three professional examinations.

Visit our website for more information on fees, scholarships, postgraduate loans and other funding options to study at Swansea University.

Entry Requirements / Admissions

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 6.5
    • All Degrees
Get advice on which foundation courses are best for you to still study Actuarial Science, MSc, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

A 2:2 Honours degree or equivalent in Mathematics, Computer Science, Engineering, Physics, Economics or other numerate degree with significant mathematical/statistical content. Applicants whose first degree is not Mathematics will be considered on an individual basis taking into account the mathematical content of their first degree.

IELTS 6.0 (with a minimum of 5.5 in each component) or equivalent English test.

Costs

Tuition Fees Actuarial Science MSc

England UK £11350 year 1
Northern Ireland £11350 year 1
Scotland £11350 year 1
Wales £11350 year 1
EU £24750 year 1
International £24750 year 1

Additional fee information

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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.

University Rankings

Positions of Swansea University in top UK and global rankings.

See all 29 university rankings of Swansea University

About Swansea University

Swansea University was established in 1920 and is located in the large city of Swansea, in Wales. There are two campuses, the flagship campus is located between Singleton Park, with its green parkland and botanical gardens, and Swansea Bay beach. The more recent Bay Campus on the other hand is located on an extensive beachfront property on the eastern side of town, past the marina. Apart from a vibrant academic life, students can attend the numerous yearly festivals that take place in Swansea, guaranteeing plenty of opportunities for getting out and about in your free time.

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Where is this programme taught

Bay Campus
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