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Actuarial Mathematics with a Year Abroad BSc (Hons)

UCAS code: NG30 | Full-time | 4 years

Entry requirements

View entry requirements

UK/Ireland fees:

£9,250 per year

International fees:

£24,800 per year

Starts on:

Not a UK or Republic of Ireland student?
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Clearing 2024: find your place at Liverpool

We may have limited places for entry in 2024 for high achieving applicants.

Clearing is open for applications from international students, as well as UK and Republic of Ireland students who have their results. Limited places are available for high-achieving students.

About this course

Studying Actuarial Mathematics at Liverpool will allow you to take your career in any number of directions. Choose this programme and you will become an expert, using mathematical models to solve financial problems.

Introduction

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.

What you'll learn

  • 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.

Accreditation

Institute and Faculty of Actuaries

We have accreditation from the Institute and Faculty of Actuaries. Currently our students can receive exemptions for CS1, CS2, CM1, CM2, CB1 and CB2 of the professional actuarial exams conducted by the Institute and Faculty of Actuaries, the professional body for actuaries in the UK.

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Entry requirements

Home entry requirements

If you've received your results, you can apply now. You’ll usually need to have achieved BBC or above at A level or meet our requirements for other accepted qualifications. Higher entry criteria may apply for a small number of courses.

If you live in a postcode area where you’re less likely to go to university, or if you’ve spent any time in social care, we’ll take this into account when considering your application. We may be able to make you a reduced offer for the course you want to study.

International entry requirements

International Baccalaureate

26 points overall including 5 in HL Maths plus 5 in SL English or 4 in HL English

Hong Kong Diploma of Secondary Education

443 from 2 electives (including Extended Maths) plus one core subject (excluding Citizenship and Social Development) and a minimum grade 3 in core Mathematics. Grade 4 (with no component less than 4) in HKDSE English Language

India Standard XII

Overall average of 70% from four core subjects including 75% in Maths, a minimum of 75% in English dependent on exam board (not including Hindi, Regional Language, Environmental Education and PE)
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Course options

Studying with us means you can tailor your degree to suit you. Here's what is available on this course.

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Fees and funding

Your tuition fees, funding your studies, and other costs to consider.

Tuition fees

UK fees (applies to Channel Islands, Isle of Man and Republic of Ireland)
Full-time place, per year £9,250
Year in industry fee £1,850
Year abroad fee £1,385
International fees
Full-time place, per year £24,800
Year abroad fee £12,400
Fees are correct for the academic year 2024/25. Please note that the Year Abroad fee also applies to the Year in China.

Tuition fees cover the cost of your teaching and assessment, operating facilities such as libraries, IT equipment, and access to academic and personal support. Learn more about paying for your studies.

Additional costs

Your tuition fee covers almost everything but you may have additional study costs to consider, such as books.

Find out more about the additional study costs that may apply to this course.

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Additional study costs

Your tuition fee covers almost everything but you may have additional study costs to consider, such as books.

Find out more about additional study costs.

Scholarships and bursaries

We offer a range of scholarships and bursaries to provide tuition fee discounts and help with living expenses while at university.

Check out our Liverpool Bursary, worth up to £2,000 per year for eligible UK students. Or for international students, our Undergraduate Global Advancement Scholarship offers a tuition fee discount of up to £5,000 for eligible international students starting an undergraduate degree from September 2024.

Discover our full range of undergraduate scholarships and bursaries

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Contact us

Have a question about this course or studying with us? Our dedicated enquiries team can help.

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Last updated 27 June 2024 / Programme terms and conditions