BSc Actuarial Science (Including Foundation Year)

Our BSc Actuarial Science (including foundation year) is open to Home and EU students. It will be suitable for you if your academic qualifications do not yet meet our entrance requirements for the three-year version of this course and you want a programme that increases your subject knowledge as well as improves your English language and academic skills.

This four-year course includes a foundation year (Year Zero), followed by a further three years of study. During your Year Zero, you study four academic subjects relevant to your chosen course as well as a compulsory English language and academic skills module.

You are an Essex student from day one, a member of our global community based at the most internationally diverse campus university in the UK.

After successful completion of Year Zero in our Essex Pathways Department, you progress to complete your course with the Department of Mathematical Sciences.

Our BSc Actuarial Science course encourages you to delve into your passions for mathematics and practical problem-solving. Our attractive blend of solid mathematics, an understanding of real-world financial issues, and computing skills provide you with the core skills essential for entering the actuarial profession. You learn the theory and methods used by professional actuaries; on how to apply mathematical and statistical skills to minimise financial risk when the stakes are high, in areas such as commerce, government, insurance and finance.

Study topics including:

• Mathematical finance
• Financial reporting
• Contingencies, risk management and survival analysis
• Mathematical, statistical and probabilistic techniques
• Programming and computation in languages such as Matlab and R

Professional actuaries in the insurance industry, including influential businesses AXA and Buck Consultants, contribute to our employability module and also host students at their offices to show them typical challenges that actuaries face.

As part of our Department of Mathematical Sciences, you're a member of an inclusive and approachable research community which allows you to explore topics in pure, high-level mathematics and applied mathematics.

Our course also provides you with credits towards qualifying for accreditation with the Chartered Insurance Institute, the world's largest professional body for insurance, risk and financial services.

• We equip you with the necessary knowledge and skills to succeed at Essex and beyond.
• Guarantee your place on your chosen course if you successfully complete your foundation year at Essex.
• Small class sizes allow you to work closely with your teachers and classmates.

Previous university/college study is required in addition to local high school qualifications for our Undergraduate Bachelor degree courses.

We accept a number of international qualifications, including the International Baccalaureate with the majority of our courses requiring a grade 30 or above or the SATR with the majority of our courses requiring a minimum of 1100 out of 1600 with 550 in each test.

We expect our graduates of BSc Actuarial Science to become actuaries in a range of industries. It is predicted by the US Department of Labor that the employment of actuaries is expected to grow faster than any other occupation, making it a great prospect for a graduate job.

Aside from a rewarding career as an actuary, clear thinkers are required in every profession, so the successful mathematician has an extensive choice of potential careers. The Council for Mathematical Sciences offers further information on careers in mathematics.

We also work with our University's Student Development Team to help you find out about further work experience, internships, placements, and voluntary opportunities.

UCAS

Applications to UCAS are open for 2023-24 entry. Applications are made online via the UCAS Apply and UCAS Hub, where you will be charged a small fee for processing your application. Here you will be able to fill out your details, upload your personal statement, choose the universities you would like to apply for, and track your application status.

It’s important that you complete your application fully to give us all the information we need to make a decisions as quickly as possible. A few key things that we will need are:

• Details of all qualifications, including those you may have not finished yet and any predicted grades
• Your personal statement (we have some tips for this)
• A suitable reference – if this is not provided or does not meet our requirements this may be a condition of any offer made and will be required before your place can be confirmed.

The UCAS code for Essex is ESSEX E70. Our individual campus codes for our Loughton and Southend campuses are ‘L’ and ‘S’ respectively. There is no campus code for Colchester – please leave this blank in your application.