University of Southampton
Actuarial Science MSc
University of Southampton

Course modalities offered

Key Course Facts

Student Reviews

Below you can see course specific reviews of 20 graduates of Actuarial Science MSc and other courses in Chemistry at University of Southampton for each of the survey questions in comparison to the average for all UK degree courses in Chemistry.

Overall student satisfaction
96 /100
20 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Chemistry

Important: Salary data below is not course specific, but contains data of all students of Chemistry 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 £27500 £34000
25-75 percentile range £25000 - £28000 £22500 - £32500 £28000 - £40500


Salary of all UK Graduates of Chemistry

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £26087 £25084 £30411
25-75 percentile range £23037 - £30143 £20483 - £31674 £24333 - £37866

Course Description

Actuaries are highly skilled quantitative professionals, primarily concerned with the identification, quantification, analysis, and management of various types of risk, particularly those with long-term financial consequences. Their expertise is essential to the proper management of life, general, and health insurance companies, pension funds, and investment firms. Their skills are very highly regarded and valued throughout the financial services industry, and the opportunities to practise worldwide are strong and growing.

This programme provides an intensive, professional-level, specialist education in actuarial science. Students performing well in the instructional component (PG Dip) can gain exemptions from professional examinations of the internationally recognised Institute and Faculty of Actuaries. Following the instructional component, you can progress to the MSc by successfully completing a three-month supervised project and dissertation/ report component.

Accredited by the Royal Society of Chemistry for fully meeting the academic criteria for Chartered Chemist (CChem).

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 MSc at University of Southampton

30% Welfare Professionals
10% Welfare and housing associate professionals
5% Teaching and Childcare Support Occupation
5% Leisure, travel and related personal service occupations
5% Health associate professionals
5% Other Health Professionals
5% Administrative occupations
5% Information Technology Professionals
5% Managers, directors and senior officials
5% Sales occupations

Grading & Study Time

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Chemistry

Requirements for international students / English requirements

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

    • 6.5
    • Graduate Degrees
    • 6.5
    • Undergraduate 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.

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.

University Rankings

Positions of University of Southampton in top UK and global rankings.

Rankings of University of Southampton in related subject specific rankings.

Business

    • #21 
    • #151 
    Finance
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 19 July, 2022]

See all 34 university rankings of University of Southampton

About University of Southampton

The University of Southampton, often abbreviated to Soton, is a research university located in Southampton, England. Although the university was founded in 1862, it has only enjoyed full university status from 1952 onwards. The university has five campuses in total, with the main one based in the Highfield area of Southampton.

List of 379 Bachelor and Master Courses from University of Southampton - Course Catalogue

Student composition of University of Southampton

undergraduates:
14770
postgraduates:
8470
Total:
23240
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Where is this programme taught

Main Site - Highfield Campus
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