University of Liverpool

Actuarial Mathematics with a Year Abroad

University of LiverpoolLiverpool, United Kingdom

Course overview

Studying Actuarial Mathematics at Liverpool will allow you to take your career in any number of directions. Choose this programme and you will become an expert in using mathematical models to solve financial problems. Mathematics is a fascinating, beautiful and diverse subject to study.

It underpins a wide range of disciplines; from physical sciences to social science, from biology to business and finance. At Liverpool, our programmes are designed with the needs of employers in mind, to give you a solid foundation enabling you to take your career in any number of directions. Actuarial mathematics prepares students to be professionals who use mathematical models to analyse and solve financial problems under uncertainty.

Actuaries are experts in the design, financing and operation of insurance plans, annuities, and pension or other employee benefit plans. This programme is aimed at students who want to work in the world of insurance, financial or governmental services, where actuarial mathematics plays a key role. You will graduate prepared for a career as an actuary, combining financial and actuarial mathematics with statistical techniques and business topics.

You will cover specialised work in advanced actuarial and financial mathematics. You will then study more advanced ideas in both life and non-life insurance mathematics as well as stochastic modelling, econometrics and finance. We have accreditation from the Institute and Faculty of Actuaries, the professional body for actuaries in the UK.

Institute and Faculty of Actuaries and Institute of Mathematics and its Applications (IMA) We have accreditation from the Institute and Faculty of Actuaries and the Institute of Mathematics and its Applications (IMA). Currently, our students can receive exemptions for CS1, CS2, CM1, CM2, CB1 and CB2 of the professional actuarial exams conducted by the Institute and Faculty of Actuaries, the professional body for actuaries in the UK. Both accreditations can be achieved on a c

Key highlights

  • Accredited by the Institute and Faculty of Actuaries and the IMA
  • Exemptions available for CS1, CS2, CM1, CM2, CB1 and CB2 actuarial exams
  • Advanced study of life and non-life insurance mathematics
  • Covers stochastic modelling, econometrics and finance
  • Combines financial and actuarial mathematics with statistics and business topics
  • Includes a year studying abroad

Entry requirements

  • A-level: ABB — A levels: ABB Mathematics A level grade A.
  • GCSE: 4/C — to include English, Mathematics
  • International Baccalaureate: 32 — overall with no score less t
  • Irish Leaving Certificate — H1, H1, H2, H2, H2, H3 including Mathematics at H1
  • Scottish Advanced Highers: ABB — to include including grade A in Mathematics; accepted at grades
  • Welsh Baccalaureate — plus grades AB
  • A-level: AB — to include to include Mathematics at grade A
  • Access to HE Diploma — in a relevant subject with 45 Level 3 credits, with 33 at Distinction (including 15 in Mathematics) and 12 at Merit

Scholarships

  • Bridge House College Nigeria Law Scholarships

    Value: £2,000

    Up to £2,000
  • Kaplan Digital Pathways Excellence Scholarship

    Kaplan Digital Pathways Foundation Certificate, will receive a £5,000 tuition fee reduction for the first year of study.

    Up to £5,000
  • Liverpool Excellence Scholarship for Undergraduates

    If you’re an international undergraduate student who hasn’t studied with us before, you could be eligible for a scholarship offering a tuition fee discount of £7,500.

    Up to £7,500
  • Sport Liverpool Performance Programme

    A very limited number of grants, worth up to £3,500, are available through the High Performance Athlete Programme.

  • University of Liverpool Graduate Association Hong Kong and Tung Undergraduate Scholarships

    The University of Liverpool Graduate Association Hong Kong undergraduate scholarships are worth £10,000 per year for three years and are awarded to students originating from Hong Kong.

    Up to £10,000
  • University of Liverpool International College Excellence Scholarship

    £5,000 tuition fee reduction for the first year of study.

    Up to £5,000

Careers this course leads to

  • Actuary
  • Actuarial analyst
  • Pensions actuary
  • Insurance risk analyst
  • Financial analyst
  • Government actuarial analyst

Cost of study

UK/Home: Full-time place, per year - £9,790; Year in industry: £1,955; Year abroad: £1,465 | International: Full-time place, per year - £29,500; Year in industry: £1,955; Year abroad: £14,750

Admission

Applications are made through AHZ at no cost. Share your transcripts, English test scores and personal statement, and your AHZ Counsellor will review your profile, submit your application to University of Liverpool, and guide you through interview, offer, CAS and visa — right up to enrolment.

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