Overview
Data Analytics and Actuarial Science BSc (Hons) Who is it for?
If you love mathematics, especially modelling and probability, and you are interested in the use of coding, data and IT to solve real-world problems, then you will find this course ideal for you.
As you would expect, the Data Analytics and Actuarial Science undergraduate course sets you up for a career in actuarial science. However, the course will also prepare you for a career in the wider fields of data analysis and risk management, or in investment management or financial analysis.
In order to qualify as an actuary, you will be required to pass the professional examinations of the Institute and Faculty of Actuaries. Specific modules in all three years of the BSc Data Analytics and Actuarial Science degree give you the opportunity to earn exemptions from six of the seven core principles stage subjects.
Why choose this course?
Join the faculty ranked 4th in the world for Actuarial and Risk Management Research (Global Research Rankings of Actuarial Science and Risk Management & Insurance 2021)
Bayes Business School is ranked 3rd best in London, 6th in the UK, 23rd in Europe (Financial Times European Business School ranking 2021)
Course objectives
Traditionally, actuaries have used data to solve problems in the financial risk area. However, the world of finance is being transformed by two major trends – the increase in the volume and types of data, and the focus on risk management. This means some problems are now best solved using different data analysis techniques.
This course prepares you for these new challenges. You will explore the traditional actuarial approach to risk management but you’ll also learn about some of the newest areas of data science, including artificial intelligence and machine learning, and their practical application to finance and insurance.
As well as developing your understanding of mathematics, probability, statistics, economics and IT, you’ll look into probability modelling, data analysis and the financial markets. You’ll be able to demonstrate your skills and your ability to communicate your findings in your final year project.
Teaching staff
Course directors:
