MSc Business Analysis and Finance
The MSc Business Analysis and Finance program at the University of Leicester is designe...
BSc Mathematics & Actuarial Science with Year in Industry
Leicester
INTAKE: September
Program Overview
The University of Leicester, located in the culturally diverse city of Leicester, UK, offers an exceptional BSc Mathematics & Actuarial Science with Year in Industry program, combining rigorous academic study with practical industry experience. This undergraduate degree is designed to equip students with the analytical, quantitative, and problem-solving skills necessary for successful careers in actuarial science, finance, and related fields.
Curriculum: The BSc Mathematics & Actuarial Science with Year in Industry program at the University of Leicester features a comprehensive curriculum that covers a wide range of mathematical and actuarial topics. Students study core mathematics modules, including calculus, algebra, and statistics, alongside specialized actuarial science modules that cover topics such as risk management, insurance principles, and financial mathematics. The curriculum is designed to provide students with a solid theoretical foundation while also preparing them for professional actuarial examinations.
Research Focus: Research is a key component of the academic experience at the University of Leicester, and students enrolled in the BSc Mathematics & Actuarial Science program have the opportunity to engage in research projects in both mathematics and actuarial science. Faculty members are actively involved in research across various mathematical and actuarial disciplines, providing students with opportunities to participate in cutting-edge research and contribute to advancements in the field. Research-focused modules and seminars further enhance students' research skills and analytical abilities.
Industry Engagement: The University of Leicester maintains strong ties with industry partners, offering students valuable opportunities for industry engagement and practical experience. The Year in Industry component of the program provides students with the opportunity to gain hands-on experience working in actuarial roles in insurance companies, consulting firms, financial institutions, and other relevant industries. Through their industrial placement, students apply theoretical knowledge to real-world problems, develop professional skills, and build networks within the industry.
Global Perspective: The BSc Mathematics & Actuarial Science with Year in Industry program promotes a global perspective by exposing students to international perspectives in mathematics and actuarial science. While the industrial placement may take place in the UK or abroad, students also have the opportunity to explore global issues and perspectives through coursework, research projects, and discussions. This global outlook prepares students to work in diverse cultural contexts and collaborate with colleagues from around the world, enhancing their adaptability and competitiveness in the global job market.
Location
Leicester
Score
IELTS 6
Tuition Fee
£ 24500
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 75% or equivalent in their respective country's grading system.
English language proficiency:
- IELTS: A minimum overall score of 6.0 with no individual component below 5.5.
- TOEFL: A minimum overall score of 80, with at least 17 in Listening, Reading, Speaking, Writing.
- PTE Academic: A minimum overall score of 54 with no individual score below 54.
- 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 Leicester offers a range of scholarships to support students in their academic journey. These scholarships are designed to recognize academic excellence, encourage diversity, and provide financial assistance to deserving students.
Chancellor's Scholarships: These prestigious scholarships are awarded to outstanding students who demonstrate exceptional academic achievements and potential. The scholarships cover full tuition fees and a generous stipend for living expenses.
Leicester Castle Business School Scholarships: Leicester Castle Business School offers a variety of scholarships to support students pursuing business-related programs. These scholarships are available to both domestic and international students and provide financial assistance in the form of partial tuition fee waivers.
Sports Scholarships: The University of Leicester encourages and supports students who excel in sports. The Sports Scholarships program provides financial assistance, access to sports facilities, coaching, and additional support to talented athletes, helping them balance their sporting and academic commitments.
International Scholarships: The university offers a range of scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Examples include the International Excellence Scholarships and the Commonwealth Shared Scholarships.
Subject-specific Scholarships: Some departments and faculties at the University of Leicester offer scholarships tailored to specific subject areas. These scholarships recognize academic excellence and may provide financial assistance or other benefits to students studying in those fields.
Access Scholarships: The university is widening access to higher education and offers scholarships to students from underrepresented backgrounds. These scholarships aim to support students who may face financial or other barriers to pursuing a university education.
The University of Leicester offers a range of scholarships to support students in their academic pursuits. These scholarships acknowledge academic excellence, provide financial assistance, and promote diversity and inclusion within the student community.
Graduates of the BSc Mathematics & Actuarial Science with Year in Industry program from the University of Leicester are well-prepared to embark on rewarding careers in various sectors. This unique program equips students with a blend of mathematical expertise, actuarial knowledge, and practical industry experience, opening doors to diverse career opportunities.
Actuarial Analyst: One of the primary career paths for graduates of the BSc Mathematics & Actuarial Science program is to become an actuarial analyst. Actuarial analysts work in insurance companies, consulting firms, and financial institutions, where they assess and manage financial risks. With a strong foundation in mathematics and actuarial science, along with practical experience gained during their industry placement, graduates are well-equipped to analyze data, develop models, and provide valuable insights to support decision-making in the insurance and finance industries.
Risk Management Consultant: Graduates may pursue careers as risk management consultants, helping organizations identify, assess, and mitigate risks. In this role, they apply their analytical skills and actuarial knowledge to evaluate potential risks to an organization's operations, finances, and reputation. Graduates may work for consulting firms, advising clients in various industries on risk management strategies, regulatory compliance, and insurance solutions. Their expertise in mathematics and actuarial science, combined with practical experience from their industry placement, makes them valuable assets in the field of risk management.
Financial Analyst: Another career option for graduates is to become financial analysts, working in finance and investment banking. Financial analysts assess the performance of investments, analyze financial data, and make recommendations to clients or management. With their strong quantitative skills and understanding of financial markets, graduates are well-suited for roles in investment research, portfolio management, and financial planning. Practical experience gained during their industry placement enhances graduates' credibility and marketability in the competitive finance industry.
Insurance Underwriter: Graduates may pursue careers as insurance underwriters, assessing insurance applications, determining coverage risks, and setting premiums. Insurance underwriters play a crucial role in the insurance industry, ensuring that risks are adequately managed and premiums are set at appropriate levels. With their expertise in actuarial science and practical experience gained during their industry placement, graduates possess the skills to evaluate risks accurately, make informed decisions, and contribute to the profitability of insurance companies.
Data Scientist: Given the increasing reliance on data-driven decision-making across industries, graduates may also pursue careers as data scientists. Data scientists analyze large datasets, extract insights, and develop predictive models to inform business strategies and drive innovation. With their strong mathematical background, analytical skills, and practical experience in data analysis gained during their industry placement, graduates are well-equipped to work in sectors such as technology, healthcare, and e-commerce, where data science skills are in high demand.
