University of Leeds
Actuarial Mathematics BSc (Hons)
University of Leeds

Course modalities offered

Key Course Facts

Student Reviews

Below you can see course specific reviews of 195 graduates of Actuarial Mathematics BSc (Hons) and other courses in Mathematics at University of Leeds for each of the survey questions in comparison to the average for all UK degree courses in Mathematics.

Overall student satisfaction
55 /100
195 total respondents

Primarily based on data from undergraduate degree students.

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 £28500 £29000 £36000
25-75 percentile range £25000 - £33500 £22500 - £35000 £27500 - £48000


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

Actuaries are strategic thinkers who use their mathematical skills to analyse the financial consequences of risk. By applying mathematical, statistical, financial and economic theory to real business problems, they measure probability and calculate the financial impact of undesirable events.

The next generation of actuaries are in demand across both the private and public sectors. In addition to the traditional insurance and pensions industry, actuarial roles are now found in other areas where uncertainty needs to be closely managed – such as banking, investment management, consultancy, manufacturing and transport. The career options available across these sectors are both varied and financially rewarding.

Studying an actuarial mathematics degree at Leeds will enable you to develop a range of core mathematical and actuarial science skills. You’ll enhance your analytical and problem-solving abilities and learn advanced skills in statistical analysis, numerical techniques and computer applications. These, along with your logical thinking and problem-solving capabilities, will mean you will not only be intellectually stimulated, you’ll also be desirable to potential employers and well-equipped to begin your career.

Here at Leeds, we understand the importance mathematics has in everyday life, which is why we have one of the largest mathematics research departments in the UK which shapes the curriculum. This will equip you with the relevant knowledge, skills and experience you need to begin your career in this highly valued specialism. This course is delivered jointly by the School of Mathematics and the Leeds University Business School, equipping you with the relevant knowledge, skills and experience you need to begin your career in finance.

Why study at Leeds:

  • The programme covers much of the first-level exams for the Institute and Faculty of Actuaries, enabling you to take steps towards qualifying as an actuary.
  • Our School’s globally-renowned research feeds into the course, shaping your learning with the latest thinking in areas such as probability and financial mathematics, modern applied statistics and analysis.
  • Learn from expert academics and researchers who specialise in a variety of mathematical areas.
  • Academic staff provide you with regular feedback and advice throughout your degree, with small tutorial groups supporting the teaching in the first year.
  • Access excellent facilities and computing equipment, complemented by social areas, communal problem-solving spaces and quiet study rooms.
  • Broaden your experience and enhance your career prospects with our industrial placement opportunities or study abroad programmes.
  • Our Actuarial Mathematics BSc and Financial Mathematics BSc degrees share a common first year, allowing you to move from one programme to the other until the end of your first year.
  • Make the most of your time at Leeds by joining our student society MathSoc where you can meet more of your peers, enjoy social events and join the MathSoc football or netball team.

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

Accredited by the Royal Statistical Society (RSS) for the purpose of eligibility for Graduate Statistician status.

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 Mathematics BSc (Hons) at University of Leeds

24% Welfare and housing associate professionals
21% Administrative occupations
20% Business and public service associate professionals
8% Secretarial and related occupations
5% Business and Financial Project Management Professionals
5% Process, plant and machine operatives
4% Science, engineering and technology associate professionals
3% Teaching Professionals
2% Media Professionals
2% Information Technology 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)

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

GCSE: C/4 in English Language

Requirements for international students / English requirements

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

    • 6.5
    • Graduate Degrees taught
    • no components less than 6.0
    • 6.0
    • Graduate Degrees research
    • no components less than 5.5
    • 6.0
    • Undergraduate Degrees
    • No components less than 5.5
Get advice on which foundation courses are best for you to still study Actuarial 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 University of Leeds in top UK and global rankings.

Rankings of University of Leeds in related subject specific rankings.

Mathematics

    • #19 
    • #26 
    Mathematics
    CUG The Complete University Guide - By Subject
    [Published 08 June, 2023]
    • #30 
    • #40 
    Mathematics
    The Guardian University League Tables by Subject
    [Published 09 September, 2023]
    • #12 
    • #113 
    Mathematics
    QS World University Rankings By Subject
    [Published 22 March, 2023]
    • #14 
    • #301 
    Mathematics
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 27 October, 2023]

See all 34 university rankings of University of Leeds

About University of Leeds

The University of Leeds is a government funded research university based in Leeds, West Yorkshire, England. The main campus is situated approximately one mile north of Leeds city centre, and is also close to the popular student neighbourhoods of Hyde Park, Woodhouse, and Headingley.

List of 368 Bachelor and Master Courses from University of Leeds - Course Catalogue

Student composition of University of Leeds

undergraduates:
26410
postgraduates:
10335
Total:
36745
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Where is this programme taught

Main Site
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