BSc Hons Accounting and Management
Queen Mary University of London's BSc-Hons- Accounting and Management program ...
BSc (Hons) Actuarial Science
London
INTAKE: September
Program Overview
The BSc (Hons) Actuarial Science program at Queen Mary University of London (QMUL) provides students with a comprehensive understanding of mathematical, statistical, and financial principles, focusing on their application in risk assessment and management within various industries.
Curriculum: The curriculum includes modules in mathematics, statistics, finance, economics, and computer science, emphasizing their practical application in insurance, pensions, finance, and risk management. Students learn to analyze data, assess financial risks, and make informed decisions based on mathematical models.
Research Focus: The program emphasizes research skills development, encouraging students to apply mathematical and statistical techniques to solve complex problems, analyze financial data, and develop risk models. Students undertake projects exploring actuarial theories and their real-world applications.
Industry Engagement: Students have opportunities for industry engagement through internships, industry-led projects, or placements in actuarial firms, insurance companies, or financial institutions. These connections provide insights into real-world applications and professional networking opportunities.
Global Perspective: The program incorporates a global perspective by addressing international financial regulations, global risk management practices, and exposure to diverse economic environments, preparing students for actuarial roles in a globalized business landscape.
Location
London
Score
IELTS 6.5
Tuition Fee
£ 223950
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 80% or equivalent in their respective country's grading system.
English Language Proficiency:
- IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
- TOEFL: A minimum overall score of 92, with at least 21 in Writing, 18 in Reading, 17 in Listening and 20 in Speaking.
- PTE Academic: A minimum overall score of 71 overall and 65 in Writing, and 59 in Speaking ,Reading, Listening and.
- Some programs may have specific subject prerequisites or additional requirements.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
Queen Mary University of London offers a range of scholarships and bursaries to its students.
Queen Mary Principal's Scholars Program: A scholarship program for undergraduate students who have an offer of admission from Queen Mary University of London and have achieved exceptional academic grades. The scholarship covers full tuition fees for three years of study, as well as a £2,000 annual stipend for living expenses.
Queen Mary International Excellence Scholarships: A scholarship program for international undergraduate and postgraduate students who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full tuition fees for one year of study.
Queen Mary Law Scholarships: A scholarship program for undergraduate and postgraduate law students who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full or partial tuition fees, depending on the level of academic achievement.
Queen Mary Engineering and Materials Science Scholarships: A scholarship program for undergraduate and postgraduate students studying engineering or materials science who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full or partial tuition fees, depending on the level of academic achievement.
Graduates of Queen Mary University of London's BSc (Hons) Actuarial Science program possess a specialized skill set that prepares them for various roles in risk assessment, financial analysis, and strategic decision-making across diverse industries.
Actuary: Graduates often pursue careers as actuaries, applying mathematical and statistical models to assess financial risks, develop insurance policies, and provide financial advice for decision-making in insurance companies, financial institutions, or consultancy firms.
Risk Analyst: Graduates can work as risk analysts, assessing and managing risks for businesses, using mathematical and statistical tools to evaluate potential risks in various sectors such as finance, insurance, and investment.
Financial Consultant: Graduates may pursue roles as financial consultants, advising businesses on risk management strategies, financial planning, and investment decisions based on actuarial analyses.
Insurance Underwriter: Graduates can work as insurance underwriters, evaluating insurance applications, determining coverage, and calculating premiums based on risk assessments.
Pension Fund Manager: Graduates may specialize in managing pension funds, ensuring the financial security of pension schemes by assessing risks and making investment decisions.
Data Analyst: Graduates with actuarial skills are well-suited for roles as data analysts, utilizing statistical and mathematical techniques to analyze large datasets for various purposes across industries.
Investment Analyst: Graduates can work as investment analysts, assessing financial risks and returns on investment portfolios for financial institutions or asset management companies.
Actuarial Consultant: Graduates may work as consultants, providing expert advice on actuarial matters, risk assessment, and financial modeling to businesses or governmental organizations.
Quantitative Analyst: Graduates can pursue roles as quantitative analysts, utilizing mathematical models and statistical tools to evaluate financial markets, assess risks, and develop trading strategies in investment banks or hedge funds.
Business Analyst: Graduates with actuarial backgrounds can work as business analysts, analyzing business operations, identifying financial risks, and recommending strategies for improvement in various industries.
