BSc Mathematics with Actuarial Science 3 years or 4 years with Professional Placement
90% of our graduates are in work or further study within 6 months (Source: DLHE 2015)
maths.qmul.ac.uk
What will I study?
The BSc in Mathematics with Actuarial Science combines elements of a generalist undergraduate mathematics degree with specialist modules related to an actuarial career. You will gain a solid grounding in mathematics together with more specialist knowledge of probability, statistics, financial mathematics and business economics.
Your key areas of study Probability Statistics Actuarial and financial mathematics Core maths (inc. calculus, algebra) Computing and Data Analysis (with Excel) Economics and Business Professional Development
How will we support your professional development? You will follow dedicated Actuarial Professional Development modules throughout your degree, to help you to identify and develop crucial professional and business skills and knowledge, ready for your future career. This is highly relevant for those who go on to work across any actuarial and financial services professions.
What is the Professional Placement year? You have the option to extend your degree to a four-year sandwich programme, including a one year paid Professional Placement (during your third year). We will provide support and guidance to all students wishing to take this option and you will benefit from our industry links and extensive careers support activities to help identify a suitable placement.
“Professional placements add value to my business and enable students to develop business skills as well as real experience of actuarial work” Eammon McMurrough, Senior Partner, Strategic Risk Consulting, Willis Towers Watson
Why choose the Professional Placement option? A professional placement is a valuable opportunity to develop your business skills and gain hands-on experience. As well as helping you to stand out from the crowd and secure graduate employment, this can support your academic achievement by putting your learning into a real-world context.
“The Actuarial Professional Development programme is particularly useful. Understanding what it means to be an actuary through real life anecdotes and examples gives us motivation and a much-needed perspective on the end goal we are working towards” Rehab-Al Mohsin, current student, BSc Mathematics with Actuarial Science
Where do actuaries work? Actuaries are problem solvers who can think strategically. They measure the probability and risk of future events, providing insight for organisations to make important strategic decisions. Actuaries work across diverse areas, including: • General insurance • Life insurance • Investment • Pensions • Healthcare
The average salary for a newly-qualified actuary is
£51,594 Source: www.actuaries.org.uk
You will also have access to the following sources of careers support: • Award winning careers service, offering regular events and workshops • Dedicated Careers Consultant and Internships Advisors • Award-winning Mathematics Society, running events and extra-curricular activities • Regular guest lectures and on-campus events with industry experts from major employers Our Professional Advisory Board includes representatives of some key actuarial employers including Lloyds of London, Milliman, Prudential plc and Willis Towers Watson. The board has helped us design our programme and keeps us up to date with business skills that employers are looking for.
400+
employers and training organisations visited the campus last year
Why study Mathematics with Actuarial Science? • Institute and Faculty of Actuaries (IFoA) accredited programme at a Russell Group institution • Exemptions from 8 Core Technical exams available • Strong focus on professional development and employability • Excellent career prospects • Study in London close to major employers in the City and Canary Wharf • Opportunity to complete Professional Placement with 4-year programme option
“Actuarial work is especially suited to those who enjoy solving problems by analysis, mathematics and logical reasoning” From the IFoA’s official website, www.actuaries.org.uk
Who is this programme for? • Students interested in a career in an actuarial profession • Those who wish to graduate with well-recognised qualifications and skills to succeed in related industries such as finance or business
Did you know? We have one of the largest self-contained campus universities in London
For further information: qmul.ac.uk/G1N3 maths.qmul.ac.uk QMULMaths email: maths@qmul.ac.uk Tel: 020 7882 5470
What are we looking for? Standard entry requirements • AAA-AAB at A Level, including grade A in A-level Mathematics • 36-34 points in the International Baccalaureate, including grade 6 in Higher Level Mathematics Other qualifications We also accept a wide range of qualifications such as Access and Foundation programmes, Irish Leaving Certificate, Scottish Highers and other Baccalaureates. English language • GCSE grade C or 6 • IELTS 6.0 (with a minimum of 5.5 in all sections)
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