Actuarial Mathematics BSc (Hons)

Mathematics is a fascinating, beautiful and diverse subject to study. It underpins a wide range of disciplines; from physical sciences to social science, from biology to business and finance.

At Liverpool, our programmes are designed with the needs of employers in mind, to give you a solid foundation enabling you to take your career in any number of directions.

Actuarial mathematics prepares students to be professionals who use mathematical models to analyse and solve financial problems under uncertainty. Actuaries are experts in the design, financing and operation of insurance plans, annuities, and pension or other employee benefit plans.

This programme is aimed at students who want to work in the world of insurance, financial or governmental services, where actuarial mathematics plays a key role. You will graduate prepared for a career as an actuary, combining financial and actuarial mathematics with statistical techniques and business topics.

You will cover specialised work in advanced actuarial and financial mathematics. You will then study more advanced ideas in both life and non-life insurance mathematics as well as stochastic modelling, econometrics and finance.

We have accreditation from the Institute and Faculty of Actuaries, the professional body for actuaries in the UK.

In year one you will study compulsory modules covering economic principles, algebra, calculus, statistics, mathematical IT skills, finance.

• Core aspects of Mathematics such as finance, algebra, calculus and statistics.
• Teamwork
• Problem solving
• How to present and communicate clearly
• How to analyse and solve financial problems.

All students applying to the University of Liverpool must demonstrate that they are competent in the use of the English language and satisfy the University’s requirements. The qualifications on our Undergraduate and Postgraduate pages are accepted by the University and are considered to satisfy a minimum of CEFR B2 level in each component (speaking, writing, listening and reading). This is the minimum level acceptable for degree level study in order to secure a visa to enter the UK via Student Route.

For more information about the University's responsibility for assessing English Language ability, download our Liverpool English vouching document.

All international students should apply to the University of Liverpool through the Universities and Colleges Admissions Service (UCAS). You will find full details about applying through UCAS in our undergraduate section.

Please note that all undergraduate courses start in September; we do not offer January entry.

Students in the UK study for 13 years prior to acceptance into University, which can be different to other countries around the world.  

Compulsory education and training in the UK ends at the age of 18, most students prior to this will study for the General Certificate of Secondary Education (GCSE) examinations and then go on to study A-Level (or equivalent) for two years which allow for direct entry to university.

Other countries around the world study for one year less at high school and spend an extra year in Higher Education. This means that degrees are shorter and often more specialised from the beginning in the UK, than in other countries.  If this is your case, you will need to complete a foundation programme at the University of Liverpool International College (UoLIC) prior to commencing your undergraduate degree programme at the University of Liverpool.