BA Hons Accounting and Finance
The University of Liverpool is a prestigious educational institution located in Liverpo...
BSc (Hons)Actuarial Mathematics
Liverpool
INTAKE: September
Program Overview
The BSc (Hons) Actuarial Mathematics program at the University of Liverpool offers a comprehensive study of mathematical principles applied to assess and manage risk in the insurance, finance, and pension industries. This undergraduate degree aims to equip students with strong mathematical skills, statistical analysis, and business acumen essential for the actuarial profession.
Curriculum: The curriculum covers a wide range of subjects including calculus, probability theory, financial mathematics, statistics, risk management, and business studies. Students engage in theoretical learning, practical problem-solving, and computer-based modeling to understand actuarial concepts and applications.
Research Focus: The program emphasizes research, providing opportunities for students to undertake projects, analyze real-world data, and apply mathematical techniques to address actuarial problems, preparing them for challenges in the industry.
Industry Engagement: Students have access to industry connections through partnerships with actuarial firms, financial institutions, or insurance companies. The program may offer internships or placements, allowing students to gain practical experience and develop professional skills.
Global Perspective: The BSc (Hons) Actuarial Mathematics program incorporates a global perspective by exploring actuarial principles and their application in various international contexts. Students analyze global financial markets and study diverse actuarial practices worldwide.
Location
Liverpool
Score
IELTS 6.5
Tuition Fee
£ 23300
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 70 to 85% 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 5.5.
- TOEFL: A minimum overall score of 78, with at least 19 in Listening, Reading, Speaking, and Writing.
- PTE Academic: A minimum overall score of 62 with no individual score below 51.
- 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.
The University of Liverpool offers a range of scholarships to support students in their academic pursuits and help make higher education more accessible. These scholarships are awarded based on various criteria, including academic merit, financial need, and specific eligibility requirements.
Vice-Chancellor's International Attainment Scholarship: This scholarship is designed for international undergraduate and postgraduate taught students who demonstrate exceptional academic achievement. The Vice-Chancellor's International Attainment Scholarship provides a reduction in tuition fees for the duration of the program.
Liverpool International College (LIC) Excellence Scholarship: The LIC Excellence Scholarship is available to international students who are progressing from Liverpool International College to an undergraduate degree program at the University of Liverpool. It offers a reduction in tuition fees for the first year of study.
Sports Scholarships: The University of Liverpool offers sports scholarships to talented athletes who have achieved a high level of sporting excellence. These scholarships provide financial support, access to training facilities, specialized coaching, and other resources to help athletes balance their academic and sporting commitments.
Subject-specific Scholarships: Various academic departments at the University of Liverpool offer subject-specific scholarships to outstanding students in particular fields. These scholarships aim to recognize academic excellence and support students in their chosen disciplines. Examples include scholarships for Engineering, Business, Medicine, and Social Sciences.
Merit Scholarships: The University of Liverpool offers merit scholarships to high-achieving undergraduate students who demonstrate exceptional academic performance. These scholarships are awarded based on academic merit and provide a reduction in tuition fees for each year of study.
Widening Participation Scholarships: The Widening Participation Scholarships are designed to support students from underrepresented backgrounds who may face barriers to accessing higher education. These scholarships aim to promote social mobility and provide financial assistance to eligible students.
It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary.
Graduating with a BSc (Hons) in Actuarial Mathematics from the University of Liverpool opens numerous career opportunities in finance, insurance, risk management, and other related industries.
Actuary: Actuaries assess financial risks, analyze statistical data, and design strategies to mitigate risks for insurance companies, financial institutions, or consultancy firms.
Risk Analyst: Roles as risk analysts involve evaluating potential risks within financial markets, determining their impact, and implementing strategies to manage and minimize risks for organizations.
Investment Analyst: Careers as investment analysts involve analyzing financial data, assessing investment opportunities, and providing insights to make informed investment decisions.
Insurance Underwriter: Opportunities exist as insurance underwriters, evaluating insurance applications, determining coverage, and assessing risks associated with insuring individuals or businesses.
Pension Fund Manager: Roles in pension fund management involve overseeing pension funds, managing investments, and ensuring fund sustainability for retirees.
Financial Consultant: Careers as financial consultants involve providing expert advice on financial planning, risk management, and investment strategies to individuals or businesses.
Data Analyst/Statistician: Graduates can work as data analysts or statisticians, using mathematical and statistical models to analyze data and provide insights for decision-making in various industries.
