Program Overview

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Actuarial Science, BSc (Hons)

The Actuarial Science programme at Swansea University is designed for students who enjoy mathematics and want to apply their knowledge to solve real-world business problems. The programme is accredited by the Institute and Faculty of Actuaries (IFoA), and graduates can obtain up to six exemptions from IFoA professional examinations.

Key Course Details

• UCAS Code: N323 (3 Year Full Time), N326 (4 Year Full Time With a Year Abroad), N324 (4 Year Full Time With a Year in Industry)
• Mode of Study: Campus Based
• Typical Offer: ABB-BBC
• Location: Bay Campus
• Start Date: September 2026
• Tuition Fees: ｣9,535 (UK), ｣21,250 (International) for the 2026 academic year

Course Overview

The Actuarial Science programme combines deep mathematical modelling and business understanding to analyse future risks. Students learn about the mathematics involved in analysing risk, along with practical business applications relevant to the actuarial profession.

Modules

The programme includes a range of modules, such as:

• Economics for Accounting and Finance
• Accounting for Managers
• Probability and Statistics
• Foundations of Finance
• Probability Theory
• Corporate Finance 1
• Investments: Assets; Equities and Bonds
• Credibility, Liability and Ruin
• Statistical Data Analysis
• Principles of Financial Accounting
• Cashflows and Interest Rates
• Financial Mathematics in Discrete Time
• Markov Processes and Applications
• Machine Learning
• Assurance and Annuity
• Financial Mathematics in Continuous Time
• Risk and Survival Models

Entry Requirements

• A Level: ABB-BBC, including Grade B in A Level Maths
• BTEC: DDM, Grade B in A Level Maths
• UK Access: 24 Distinctions (including all Maths modules) and 15 Merits at Level 3
• T Levels: Distinction and Grade B in A-Level Maths
• Mixed Qualifications: 120 UCAS tariff points from 3 highest scoring qualifications, to include 40 UCAS tariff points in Maths
• International Baccalaureate: 32, including 5 at Higher Level or 6 at Standard Level Maths

How You're Taught

The programme uses a range of effective and inclusive teaching methods, including lectures, seminars, workshops, and practical sessions. Students also have access to digital learning tools, such as recorded lectures and online resources.

Welsh Provision

There are opportunities for Welsh speakers to study some elements of the course through the medium of Welsh, but there is not yet enough provision to reach 40 credits in each year.

Professional Body Accreditation

The programme is accredited by the Institute and Faculty of Actuaries (IFoA), allowing graduates to gain exemptions from up to six IFoA professional exams.

Meet Your Lecturers

The programme is taught by leading academic staff with expertise in areas such as stochastics, algebra, topology, biomathematics, partial differential equations, and mathematics education.

Tuition Fees

The tuition fees for the 2026 academic year are ｣9,535 for UK students and ｣21,250 for international students.

Funding and Scholarships

Students may be eligible for funding to support their study, including scholarships and bursaries.

Additional Costs

Students may face additional costs, such as travel to and from campus, printing and photocopying, and purchase of books or texts.

Careers and Employability

The Careers and Employability Team provides support to students at each stage of their career journey, including employability workshops, individual advice and guidance, and help with finding jobs and internships.

Academic Support

The Centre for Academic Success provides courses, workshops, and one-to-one support in areas such as academic writing, maths and statistics, critical thinking, and time management.

Study Abroad and Global Opportunities

Students have the opportunity to study abroad or participate in international summer programmes, which can enhance their knowledge and skills while gaining valuable industry experience.

How to Apply

Students can apply through UCAS or the university's online application system. International students may also apply through UCAS or the university's online application system.

Application Deadlines

The application deadlines for the 2026 academic year are available on the university's website.

BSc Actuarial Science with a Year in Industry

The BSc Actuarial Science with a Year in Industry programme provides students with the opportunity to enhance their knowledge and skills while gaining valuable industry experience. The placement year is designed to give students the opportunity to apply their knowledge in a real-world setting, making them more attractive to potential employers.