Program Overview

BSc (Hons) Mathematical, Statistical and Actuarial Sciences and Diploma in Industrial Training

The BSc (Hons) Mathematical, Statistical and Actuarial Sciences and Diploma in Industrial Training programme combines rigorous studies in mathematical, statistical, and actuarial sciences with a year-long work placement in level 4. This programme provides comprehensive training in modern mathematics, contemporary statistics, and actuarial sciences, offering a dynamic blend of analytical problem-solving skills, data interpretation, and a sound understanding of the intricacies of the insurance, pensions, economic, and finance sectors.

Key Information

• UCAS code: G3N3
• Level: Undergraduate
• Delivery type: Full Time
• Degree qualification: BSc (Hons)
• Mode of delivery: On-Campus
• Duration: 4-5 years
• Location: Edinburgh
• Start date: September

Programme Overview

This programme equips individuals to address complex real-world challenges, making them highly sought after in a wide array of career paths. As a major financial and insurance centre, Edinburgh offers excellent career opportunities. The programme includes a wide range of expertise and research opportunities in various mathematical disciplines, such as advanced mathematical theory, applied mathematics, computational mathematics, mathematical education, statistics and data analysis, and actuarial science.

Course Content

The course content is structured over four to five years, with the fourth year dedicated to an industrial training placement. The curriculum includes:

• Year 1: Calculus, algebra, statistics, economics, and finance.
• Year 2: Multivariable calculus, real analysis, linear algebra, probability, and statistics, along with actuarial and financial mathematics.
• Year 3: Abstract algebra, ordinary differential equations, statistical modelling, and a range of optional courses including life insurance mathematics, stochastic processes, and survival models.
• Year 4: 12-month industrial training placement.
• Year 5: A variety of optional courses in pure and applied mathematics, including life insurance mathematics, pension funds, life office practice, statistics for social science, Bayesian inference, risk theory, time series, optimisation, partial differential equations, mathematical biology, functional analysis, geometry, and numerical analysis.

Fees and Funding

• September 2026 intake tuition fees:
  • Scotland: Paid by SAAS
  • England / Wales / N Ireland / Rep of Ireland: ｣9,790
  • International: ｣25,808
• Placement Year fees: ｣3,000 for the year spent on placement.
• Scholarships and bursaries are available, including the Heriot-Watt University Bursary of up to ｣3,100 per year for eligible undergraduate students from England, Northern Ireland, or Wales.

Entry Requirements

• Standard entry requirements:
  • Highers: ABBBB (including Maths at A)
  • A-Levels: BBB (including Maths at B)
  • International Baccalaureate: 28 points (including Maths at Higher Level 5)
  • BTEC Extended Diploma: DDM in a relevant subject with sufficient Maths
  • HNC: B in graded unit in a relevant subject with sufficient Maths at SCQF Level 6
  • HND: BB in graded units in a relevant subject with sufficient Maths at SCQF Level 6
• Minimum entry requirements are also available under the Fair Access Policy for certain students.
• English language requirements: IELTS 6.0 (or equivalent) with no score lower than 5.5.

Employability

• This programme is designed to enhance employability, with 65% of graduates working, 5% studying, and 30% studying and working 15 months after graduating.
• The average salary of students 15 months after graduating is ｣33,000.
• Potential career paths include finance professionals, information technology professionals, and business, research, and administrative professionals.

Why Heriot-Watt

Heriot-Watt University is recognised for its excellent graduate outcomes, with more graduates employed or in postgraduate education than any other institution in Scotland. It is also rated number one in the UK for CEO or MD roles. The university has beautiful campuses globally, offering a truly international education, and is home to cutting-edge research institutes addressing real-world issues.