Actuarial Science with a Year in Industry BSc (Hons)
University of East Anglia
Key Course Facts
Student Reviews
Below you can see course specific reviews of 135 graduates of Actuarial Science with a Year in Industry BSc (Hons) and other courses in Finance, Banking, Corporate Finance, Fintech at University of East Anglia for each of the survey questions in comparison to the average for all UK degree courses in Finance, Banking, Corporate Finance, Fintech.
Primarily based on data from undergraduate degree students.
All Finance, Banking, Corporate Finance, Fintech courses of University of East Anglia
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 | £26000 | £33000 | £40000 |
25-75 percentile range | £23000 - £32000 | £25000 - £42500 | £27000 - £46500 |
All Finance, Banking, Corporate Finance, Fintech courses of University of East Anglia
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 |
All Finance, Banking, Corporate Finance, Fintech courses in the UK
Course Description
Overview
Study the art of risk: measuring it, assessing it, managing it, mitigating it – and sometimes profiting from it.
Crossing the road, making a cup of tea, flying on holiday, starting a new business: nearly everything in life encompasses an element of risk. And to an Actuary, risk is everything. If you’re strong on mathematics and have an interest in business and economics, are fascinated by world events and not afraid to take an educated gamble, a career in this small but growing (and pretty lucrative) profession could be ideal.
Our Actuarial Science degree will teach you how to look to the future from a business perspective, assess any likely impact, then put a price on mitigating any risk. And with an integral year in industry, you’ll gain invaluable hands-on experience, putting the theory into practice.
Actuarial Science is exciting, challenging and stimulating – and its skillsets are in increasingly high demand.
About This Course
If you have a love of mathematics and business but want to work with them in a more applied field, Actuarial Science is a great choice. As well as becoming a professional Actuary, it opens up doors to broader fields including data science and risk management.
Our multidisciplinary Actuarial Science degree course brings together UEA’s Schools of Mathematics, Computing Sciences and Economics, along with the expertise of practicing actuaries.
You’ll spend the third year of this four-year degree in a commercial environment, working alongside professional actuaries, gaining a true understanding of the application of technical concepts in the workplace. So you’ll graduate not only with technical skills but with relevant work experience too, putting you one step ahead of other graduates.
A Year in Industry is strongly recommended by our industry contacts, who say it significantly enhances your employment prospects. It will also count towards the work-based skills required to become a Fellow of the Institute and Faculty of Actuaries.
You’ll gain first-hand knowledge of the mechanics of your chosen field, while greatly improving your chances of progressing within that sector as you secure valuable contacts and insight. What’s more, you’ll be able to put theory into practice in a context governed by real-world time and financial constraints.
Disclaimer
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.
All Finance, Banking, Corporate Finance, Fintech courses of University of East Anglia
Current jobs
All courses of University of East Anglia
Required skill level of job after 15 months
All Finance, Banking, Corporate Finance, Fintech courses of University of East Anglia
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Actuarial Science with a Year in Industry BSc (Hons) at University of East Anglia
25% | Customer service occupations |
20% | Administrative occupations |
15% | Process, plant and machine operatives |
10% | Information Technology Professionals |
10% | Finance Professionals |
5% | Business, Research and Administrative Professionals |
5% | Sales occupations |
5% | Customer service occupations |
5% | Business and public service associate professionals |
0% | Business, Research and Administrative Professionals |
Entry Requirements / Admissions
UCAS Tariff of Accepted Students for this course
This particular course
Qualification requirements
Including a relevant subject/science @ C or above (80 UCAS tariff points)
GCSE Requirements: GCSE English Language grade 4 or C and GCSE Mathematics grade 4 or C. We welcome a wide range of qualifications and combinations of qualifications - for further information please contact us at https://www.uea.ac.uk
English language requirements
test | Grade | Additional Details |
---|---|---|
IELTS (Academic) | 6 | 6.0 overall (minimum 5.5 in each component). |
Costs
Tuition Fees Actuarial Science with a Year in Industry BSc (Hons)
England UK | £9250 | year 1 |
---|---|---|
Northern Ireland | £9250 | year 1 |
Scotland | £9250 | year 1 |
Wales | £9250 | year 1 |
Channel Islands | £9250 | year 1 |
International | £20600 | year 1 |
Additional fee information
Tuition fees are reviewed annually and subject to increase. Some fees are regulated by the UK government and will be changed in line with advice from them. Fees for continuing students (i.e. those on courses of greater than one year in length) will normally increase annually. This increase will not exceed 4% or the % increase of the UK Government regulated fee whichever is higher. The fee increase is based on the fee for the year that you register. For further information about additional costs for your course and information on fee status please see our website.
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 University of East Anglia in top UK and global rankings.
See all 29 university rankings of University of East Anglia
About University of East Anglia
The University of East Anglia (UEA) is a government funded research university located in Norwich, England. The university operates from a single campus site which includes the Norwich Research Park and the Bob Champion Research and Education Building, as well a 24-hour library, a concert and gig venue, and the on-campus accommodation.
List of 330 Bachelor and Master Courses from University of East Anglia - Course Catalogue
Student composition of University of East Anglia
-
Total number of students enrolled at University of East Anglia by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 13095
- postgraduates:
- 3400
- Total:
- 16495
-
Number of students enrolled in courses of subject “Actuarial Science”: 1880 Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
Where is this programme taught
Similar courses
Program | University | Student satisfaction | Unemployed | Dropout | Tuition (UK) | Tuition (International) | UCAS Tariff | City | ||
---|---|---|---|---|---|---|---|---|---|---|
Actuarial Science with a Year Abroad BSc (Hons) | University of East Anglia | 84% | 5% | 10% | £9250 | £20600 | 140 | Norwich | On campus Full-time | |
Actuarial Science and Risk Management BSc (Hons) | Queen's University of Belfast | 81% | 0% | 5% | £9250 | £20800 | 187 | Belfast | On campus Full-time | |
Actuarial Science BSc (Hons) | University of Essex | 85% | 0% | 0% | £9250 | £20500 | 119 | Colchester | On campus Full-time | |
Actuarial Science (Including Placement Year) BSc (Hons) | University of Essex | - | 0% | 6% | £9250 | £20500 | 119 | Colchester | On campus Full-time | |
Actuarial Science BSc (Hons) | The University of York | 76% | 6% | 6% | £9250 | £23700 | 168 | York | On campus Full-time | |
Actuarial Science (Including Foundation Year) BA/BSc (Hons) | University of Essex | - | 0% | 6% | £9250 | £20500 | 119 | Colchester | On campus Full-time | |
Actuarial Science with a year in industry BSc (Hons) | The University of York | 76% | 6% | 10% | £9250 | £23700 | 172 | York | On campus Full-time | |
Actuarial Science BSc (Hons) | University of East Anglia | 84% | 5% | 10% | £9250 | £20600 | 140 | Norwich | On campus Full-time | |
Actuarial Science (Including Year Abroad) BSc (Hons) | University of Essex | 81% | 0% | 6% | £9250 | £20500 | 119 | Colchester | On campus Full-time | |
Actuarial Science BSc (Hons) | The London School of Economics and Political Science | 66% | 0% | 3% | £9250 | £25656 | 184 | London | On campus Full-time |