The University of Manchester
Actuarial Science and Mathematics BSc (Hons)
The University of Manchester

Key Course Facts

Student Reviews

Below you can see course specific reviews for 30 graduates of Actuarial Science and Mathematics BSc (Hons) at The University of Manchester for each of the survey questions in comparison to the average for all UK degree courses in Mathematics.

Overall student satisfaction
69 /100
30 total respondents
The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Mathematics

Important: Salary data below is not course specific, but contains data of all students of Mathematics 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 £30000 £26500 £34500
25-75 percentile range £25000 - £36000 £21500 - £33000 £26500 - £46000


Salary of all UK Graduates of Mathematics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £27040 £27618 £34432
25-75 percentile range £23614 - £32661 £21817 - £36181 £25386 - £46884

Course Description

The BSc Actuarial Science and Mathematics programme is accredited by the Institute and Faculty of Actuaries. Students graduating from the programme may be recommended for exemption from the CS1, CS2, CM1, CB1 and CB2 subjects depending on the performance in a particular set of course units. The course gives a firm foundation in Mathematics, together with specialist course units in Actuarial Science whilst giving you the opportunity to develop team working, communication and leadership skills.

The mathematical skills involved include most of the topics taught to students on the first year of the specialist mathematics degree i.e. covering aspects of pure and applied mathematics and statistics as well as some more general mathematics. As the course progresses, the statistical topics are explored in more detail. Courses in all areas of mathematics are used as a basis for some of the actuarial units.

Although the mathematics topics are more prevalent in the early years of the programme, there are opportunities to select from a wide range of mathematics options in the final year.

The actuarial topics start off with Economics, followed by Finance, and then consider the various actuarial models and contingencies used in the profession.

Supporting skills include options in leadership, enterprise and sustainable energy. These can be taken as options with alternatives including a wide range of mathematics units.

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

This programme is accredited to meet the educational requirements of the Chartered Mathematician designation awarded by the Institute of Mathematics and its Applications.

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 Mathematics BSc (Hons) at The University of Manchester

27% Media Professionals
17% Administrative occupations
13% Business, Research and Administrative Professionals
11% Media Professionals
8% Managers, directors and senior officials
3% Web and Multimedia Design Professionals
3% Business and public service associate professionals
3% Web and Multimedia Design Professionals
2% Customer service occupations
2% Finance Professionals

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)

Access to HE Diploma

Grade combinations between 112 - 128 points considered when combined with other Level 3 qualifications including AS and Extended Project to achieve 112 - 128 points. (Subject grades achieved at AS level and then taken at A2 do not count).

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

In a relevant subject/science (112 UCAS tariff points)

Combined with other level 3 qualifications to achieve 112 - 128 tariff points.

Combined with other level 3 qualifications to achieve 112 - 128 tariff points.

The Welsh Baccalaureate Skills Challenge Certificate will be accepted in lieu of one A Level at the A Level grades specified, excluding any subject specific requirements.

The University recognises a number of foundation programmes as suitable for entry to this undergraduate programme: Applicants completing the INTO Manchester in partnership with The University of Manchester international foundation programme in Business/Engineering, are required to achieve A*AA with grade A* in Mathematics and an EAP score of Grade B with B in writing and nothing below a C. If Further Mathematics is taken we will include it in the offer. Applicants completing the NCUK International Foundation year in Business/Engineering are required to achieve A*AA with grade A* in Mathematics and an EAP score of Grade B with B in writing and nothing below a C. If Further Mathematics is taken we will include it in the offer. Applicants studying other Foundation programmes should contact us to check if their qualification is recognised for entry to this programme and for specific entry requirements.

English language requirements

test Grade Additional Details
IELTS (Academic) 6.5

65 overall with no sub-test below 6.0 and 6.5 in writing

The University of Manchester is committed to attracting and supporting the very best students. We have a focus on nurturing talent and ability and we want to make sure that you have the opportunity to study here, regardless of your financial circumstances.
Get advice on which foundation courses are best for you to still study Actuarial Science and Mathematics, BSc (Hons), if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

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 The University of Manchester in top UK and global rankings.

Rankings of The University of Manchester in related subject specific rankings.

Business

    • #4 
    • #51 
    Finance
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 27 October, 2023]

See all 40 university rankings of The University of Manchester

About The University of Manchester

The University of Manchester is a publicly funded research university with a mission to advance education, knowledge and wisdom for the good of society. University of Manchester’s main site is home to the majority of its faculties and is referred to by its students as ‘the campus’, although in reality Manchester does not have a campus but is instead interspersed throughout the city of Manchester.

List of 622 Bachelor and Master Courses from The University of Manchester - Course Catalogue

Student composition of The University of Manchester

undergraduates:
30130
postgraduates:
12730
Total:
42860
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Where is this programme taught

Main Site
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