Program Overview

Introduction to Actuarial Science with a Foundation Year BSc (Hons)

The Actuarial Science with a Foundation Year BSc (Hons) program is designed to provide students with a comprehensive understanding of actuarial science, including the mathematical and statistical techniques used to analyze and manage risk in financial and insurance industries.

Program Overview

The program is a four-year full-time course that includes a foundation year, followed by three years of study in actuarial science. The foundation year is designed to provide students with a solid understanding of mathematics and statistics, as well as an introduction to the principles of actuarial science.

Key Information

• Start: September 2026
• Location: Canterbury
• Study mode: 4 years full-time
• Fees (per year): UK: TBC, International: £23,500
• Typical offer: CCC / 96 UCAS points
• Professionally Recognised: Institute and Faculty of Actuaries (IFoA)

Course Structure

The program consists of a foundation year, followed by three years of study in actuarial science. The foundation year includes modules such as:

• Foundation Mathematics 1
• Statistics and Programming for Mathematical Sciences
• Exploring the Mathematical Sciences
• Quantitative Science Laboratory
• Mechanics and Materials

The subsequent three years of study include modules such as:

• Principles of Probability and Statistics
• Applications and Practice with R and Python
• Linear Algebra
• Business Economics
• Financial Mathematics
• Calculus
• Predictive and Explanatory Modelling in Context
• Optimisation for Data Analysis
• Mathematical Statistics
• Stage 2 Actuarial Practice
• Machine Learning and Deep Learning
• Financial Economics and Derivatives
• Actuarial Mathematics 2
• Actuarial Risk Modelling
• Stage 3 Actuarial Practice
• Statistical Modelling for Actuaries

Entry Requirements

• UK: 96 UCAS points, A level: CCC including Mathematics at grade C
• International: 96 tariff points from your IB Diploma, including HL Maths or HL Mathematics: Analysis and Approaches at 4 or SL Maths or SL Mathematics: Analysis and Approaches at 6
• English Language Requirements: Good level of English language, equivalent to B2 on CEFR

Fees and Funding

• Tuition fees for 2026 entry: UK: TBC, International: £23,500
• The University offers generous financial support schemes to assist eligible undergraduate students during their studies.

Career Prospects

The program provides exemptions from the professional exams set by the UK actuarial profession, giving students a head start when looking to qualify as an actuary. Graduates can pursue careers in actuarial science, insurance, finance, and related fields.

Research Areas

The program covers a range of research areas, including:

• Actuarial mathematics
• Financial economics
• Risk management
• Statistical modelling
• Machine learning and deep learning

Conclusion

The Actuarial Science with a Foundation Year BSc (Hons) program is a comprehensive and professionally recognized course that provides students with a solid understanding of actuarial science and its applications in financial and insurance industries. With its strong focus on mathematical and statistical techniques, the program prepares students for a successful career in actuarial science and related fields.