Economics and Actuarial Science BSc (Hons)
University of Southampton
Key Course Facts
Student Reviews
Below you can see course specific reviews of 125 graduates of Economics and Actuarial Science BSc (Hons) and other courses in Economics at University of Southampton for each of the survey questions in comparison to the average for all UK degree courses in Economics.
Primarily based on data from undergraduate degree students.
All Economics courses of University of Southampton
Salary
Salary of Graduates in Economics
Important: Salary data below is not course specific, but contains data of all students of Economics 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 | £31500 | £33000 | £47500 |
25-75 percentile range | £28000 - £37000 | £27500 - £42000 | £34000 - £60000 |
All Economics courses of University of Southampton
Salary of all UK Graduates of Economics
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £28575 | £30471 | £40245 |
25-75 percentile range | £24114 - £33739 | £23720 - £40302 | £28567 - £54576 |
All Economics courses in the UK
Course Description
Southampton is the only UK university to offer BSc Economics and Actuarial Science. The degree teaches you how to use mathematical and statistical methods to assess risk and uncertainty. Actuaries are essential in industries such as insurance and finance.
- As part of your first year modules, you'll learn to use Bloomberg trading terminals in our Financial Lab (FinLab) and study alongside students on the related Mathematics and Actuarial Science degree.
- This degree is accredited by the Institute and Faculty of Actuaries (IFoA). You'll be eligible for exemptions from the core principles - see course page for more details.
You'll study core modules in microeconomics, macroeconomics and quantitative methods. You'll have the freedom to shape your studies by choosing optional modules to suit your interests or career plans - such as international banking, risk management or public economics. You can also choose modules from outside the Economics and Mathematics departments.
You could also:
• Spend a year in employment
• Gain vital work experience on a Student Innovation Project
• Spend a semester abroad
Choose Southampton and you'll also be joining a department ranked Top 15 in the UK for Economics and Econometrics (QS World University Rankings by Subject 2023).
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 Economics courses of University of Southampton
Current jobs
All courses of University of Southampton
Required skill level of job after 15 months
All Economics courses of University of Southampton
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Economics and Actuarial Science BSc (Hons) at University of Southampton
33% | Welfare and housing associate professionals |
19% | Media Professionals |
18% | Business, Research and Administrative Professionals |
8% | Customer service occupations |
5% | Elementary occupations |
3% | Sales occupations |
3% | Teaching Professionals |
2% | Artistic, literary and media occupations |
2% | Legal professionals |
2% | Business and public service associate professionals |
Grading & Study Time
Entry Requirements / Admissions
UCAS Tariff of Accepted Students for Economics
All Economics courses of University of Southampton
Qualification requirements
Including a relevant subject/science @ C or above (80 UCAS tariff points)
Access to HE Diploma
A minimum of DDM with the main subjects being Science or Maths. Also required: GCSE at C or above in English or English Language, Mathematics and in either Chemistry, or Physics or Dual Award Science.
If Mathematics is not taken beyond GCSE, a grade 7, (or A) in GCSE Mathematics, or Core Mathematics grade B is essential
We welcome applicants with other qualifications eg. European Baccalaureate. You will be expected to attain an equivalent standard to the A level applicant. As A level Mathematics is required for this programme, all equivalent qualifications also need an equivalent of A level Mathematics, grade A. For more details on the suitability of your qualifications please contact the Admissions Team at [email protected]
English language requirements
test | Grade | Additional Details |
---|---|---|
IELTS (Academic) | 6.5 | with no component below 6.0 |
Costs
Tuition Fees Economics and Actuarial Science BSc (Hons)
Ireland | £9250 | year 1 |
---|---|---|
International | £22300 | year 1 |
EU | £22300 | year 1 |
England UK | £9250 | year 1 |
Northern Ireland | £9250 | year 1 |
Scotland | £9250 | year 1 |
Wales | £9250 | year 1 |
Channel Islands | £9250 | year 1 |
Additional fee information
**
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 Southampton in top UK and global rankings.
Rankings of University of Southampton in related subject specific rankings.
Business
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- #21
- #151
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- Finance
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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
-
Total number of students enrolled at University of Southampton by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 14770
- postgraduates:
- 8470
- Total:
- 23240
-
Number of students enrolled in courses of subject “Actuarial Science”: 3510 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 BSc (Hons) | City University London | 92% | 10% | 5% | £9250 | £24500 | 140 | London | 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 | |
Mathematical, Statistical and Actuarial Sciences and Diploma in Industrial Training BSc (Hons) | Heriot-Watt University | - | - | - | £9250 | £18704 | - | Edinburgh | 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 and Diploma in Industrial Training BSc (Hons) | Heriot-Watt University | - | - | - | £9250 | £24048 | - | Edinburgh | 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 | |
Data Analytics and Actuarial Science BSc (Hons) | City University London | 55% | 3% | 5% | £9250 | £24500 | 155 | London | On campus Full-time |
Ranking publishers
ShanghaiRanking Consultancy
- Published:
- 19 July, 2022