Queen's University Belfast United Kingdom

Actuarial Science and Risk Management

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 4 Years
Mode On Campus
Level Undergraduate
Degree Bachelors Degree
Closing soon September 2026

Course Overview

The BSc Actuarial Science and Risk Management at Queen's University Belfast is crafted for individuals aspiring to become actuaries or excel in financial risk roles. This undergraduate degree addresses the critical need for professionals who can navigate complex financial landscapes, manage uncertainty, and ensure the stability of insurance and pension systems. You will delve into core actuarial mathematics, statistical methods, and economic principles, developing a robust understanding of the quantitative and analytical skills essential for this demanding yet rewarding field. This programme is ideal for those with a strong aptitude for mathematics and a keen interest in finance.

This full-time, on-campus degree is studied over four years, providing a comprehensive journey through actuarial modelling, risk management, and financial analysis. You will engage with a curriculum that includes foundational economics, probability, statistical and operational research methods, and advanced topics like stochastic processes and financial engineering. Throughout your studies, you will develop practical skills in areas such as Excel analysis and actuarial econometrics and data science, culminating in a significant final-year project. Graduates are well-prepared to pursue careers as qualified actuaries in the insurance and pensions sectors, or in broader financial services roles.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This program provides a comprehensive education in actuarial science and risk management, covering foundational economic and statistical principles alongside advanced actuarial mathematics and modeling techniques. Students will explore investment analysis, financial reporting, and various insurance applications, developing essential skills in Excel analysis and enterprise risk management. The curriculum culminates in specialized topics such as stochastic processes, actuarial econometrics, data science, and financial engineering, preparing graduates for diverse roles in the financial and insurance industries.

1 Year 1

Foundations of economics Compulsory
Foundations of economics Compulsory
Employability preparation module Compulsory
Introduction to statistical and operational research methods Compulsory
Introduction to probability & statistics Compulsory
Actuarial mathematics 1 Compulsory
Financial reporting and analysis Compulsory

2 Year 2

Investment analysis Compulsory
Actuarial mathematics 2 Compulsory
Actuarial methods in general insurance Compulsory
Excel analysis Compulsory
Employability module Compulsory
Principles of actuarial modelling Compulsory
Enterprise risk management Compulsory

3 Year 3

Employability module Compulsory

4 Year 4

Equity research Compulsory
Stochastic processes for finance Compulsory
Actuarial econometrics and data science Compulsory
Actuarial applications Compulsory
Financial engineering Compulsory
Actuarial modelling Compulsory

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

16% off
First Year Fee Tuition fee
USD 25,564.00 USD 30,278.00
Second Year Fee Tuition fee
USD 30,278.00
Third Year Fee Tuition fee
USD 30,278.00
Fourth Year Fee Tuition fee
USD 30,278.00
Total Program Cost Estimated total tuition
USD 116,399.00 USD 121,112.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 785.00 - USD 1,416.00
Food & Groceries USD 4,833.00 - USD 7,249.00
Transport USD 806.00 - USD 3,222.00
Utilities & Bills USD 4,028.00 - USD 4,833.00
Estimated Total USD 9,667.00 - USD 15,304.00

Living cost estimates are based on Belfast Campus.

Outcomes & Employability

What happens after you graduate

89%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Accounting & AuditingClinical & Medical ServicesCorporate Finance & TreasuryEducation Policy & AdministrationEvent & Experiential MarketingHealthcare ConsultingMarket Research & InsightsQuality Assurance & ControlRegulatory Affairs & ComplianceSpecial & Inclusive Education

Top Employers Hiring for this course

Almac Group

Deloitte UK

EY

Mercer

OXFORD Economics

PwC

XPS Group

Why Study Actuarial Science and Risk Management at Queen's University Belfast

What makes this program stand out

September 2026 Closing soon

Next intake is in September 2026

Life at Queen's University Belfast in United Kingdom

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about Actuarial Science and Risk Management at Queen's University Belfast

Can I work while studying?

International students in degree courses can work up to 20 hours per week during term time and full-time during breaks. No separate work permit is necessary.

What English language score do I need for this course?

Minimum English test scores vary: Duolingo requires an overall score of 120, while TOEFL requires a minimum overall score of 90. Other accepted tests include IELTS and PTE, each with specific score requirements.

What jobs can I get after studying this course?

Graduates can pursue jobs such as Actuary, Risk Analyst, Insurance Underwriter, Financial Analyst, or Pension Consultant.

What will I actually study in this course?

The BSc Actuarial Science and Risk Management programme has been designed by qualified actuaries to enable students to develop the theoretical and practical skills required to pursue a career as an actuary in the pensions and insurance sectors, or in the wider financial industry.

When can I start — what are the intake months?

The BSc Actuarial Science and Risk Management program has an intake in September. Make sure to check application deadlines beforehand.
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