University Of Leicester United Kingdom

Mathematics and Actuarial Science BSc

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 3 Years
Mode On Campus
Level Undergraduate
Degree Bachelors Degree
Closing soon September 2026

Course Overview

The Mathematics and Actuarial Science BSc at the University of Leicester equips you with the analytical and quantitative skills essential for understanding and managing financial risk. This undergraduate degree is designed for students drawn to the intellectual challenges of mathematics and its practical application in the financial world, particularly in areas like probability, statistical modelling, and financial engineering. You will explore how actuaries assess uncertainty, ensuring financial security for individuals and organisations, making this a highly rewarding and sought-after profession.

You will study this course full-time on campus over three years, engaging with core modules such as Actuarial Modelling, Markov Processes, and Liability Modelling, alongside options like Data Mining and Financial Engineering. The curriculum is closely aligned with the Institute and Faculty of Actuaries' syllabus, providing exemptions from professional exams. You will develop your skills through practical application, including a significant Actuarial Mathematics Project in your final year. Upon graduation, you will be well-prepared for a career as an actuary or in related fields such as data analysis and financial risk management.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This program offers a comprehensive education in mathematics and actuarial science, preparing students for a career in the actuarial profession. The curriculum progresses from foundational calculus, linear algebra, and introductory statistics in the first year to advanced topics in actuarial modelling, survival models, and statistical data analysis in the second year. The final year deepens expertise with modules in financial engineering, liability modelling, operational research, and data mining, culminating in a significant actuarial mathematics project.

1 Year 1

Calculus and Analysis double module
Linear Algebra double module
Probability
Business Microeconomics
Introductory Statistics
Business Macroeconomics

2 Year 2

Actuarial Modelling 1
Markov Processes
Statistical Distributions and Inference
Actuarial Professional Skills and Employability
Actuarial Modelling 2
Survival Models
Statistical Data Analysis
Business Finance

3 Year 3

Actuarial Mathematics Project
Financial Engineering for Actuaries
Liability Modelling
Operational Research
The Management and Shaping of Innovation
Business Microeconomics not available if Business Microeconomics was taken in year 1
Generalised Linear Models
Data Mining and Neural Networks
Introduction to Functional Data Analysis
Communicating Mathematics
Business Macroeconomics not available if Business Macroeconomics was taken in year 1
Advanced Investment Management

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 33,927.00
Second Year Fee Tuition fee
USD 33,927.00
Third Year Fee Tuition fee
USD 33,927.00
Total Program Cost Estimated total tuition
USD 101,783.00

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

Living Costs

Accommodation
USD 624.00 - USD 867.00
Food & Groceries USD 3,222.00 - USD 4,833.00
Transport USD 967.00 - USD 1,611.00
Utilities & Bills USD 1,611.00 - USD 12,179.00
Estimated Total USD 5,800.00 - USD 18,623.00

Living cost estimates are based on Leicester Campus.

Outcomes & Employability

What happens after you graduate

94%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Advertising Finance & OperationsAgricultural Services & ExtensionAgricultural Technology & Precision FarmingBrand ManagementCorporate Finance & TreasuryFood Safety & Quality AssuranceMarket Research & InsightsRestaurant & Food ServiceSupply Chain & Commodity TradingTax & Legal Compliance

Top Employers Hiring for this course

AON

Aviva

Deloitte UK

EY

HSBC

Lloyds Banking Group

Manchester City Council

Mercer

Why Study Mathematics and Actuarial Science BSc at University Of Leicester

What makes this program stand out

September 2026 Closing soon

Next intake is in September 2026

Moderate Application response time

University Of Leicester typically responds to applications within 1 - 2 weeks, giving you clarity on your options quickly.

Life at University Of Leicester 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 Mathematics and Actuarial Science BSc at University Of Leicester

Can I work while studying?

As a degree student, you can work up to 20 hours per week during term time. You are also allowed to work full-time during breaks without needing a separate work permit.

Is this qualification recognised internationally?

Yes. This course is accredited by Institute and Faculty of Actuaries.

What English language score do I need for this course?

To enroll, you must meet specific English language requirements. Acceptable scores include an overall IELTS score of 6.0 or a TOEFL score of 80, among other qualifications.

What jobs can I get after studying this course?

Potential job titles include actuary, data analyst, risk manager, financial analyst, and underwriter.

What will I actually study in this course?

This course combines mathematics and actuarial science, focusing on risk management and data analysis. You'll develop skills in team collaboration and persuasive communication, preparing you for a sought-after career as an actuary.

When can I start — what are the intake months?

The Mathematics and Actuarial Science BSc program has an intake in September. Make sure to apply in advance to secure your spot for this exciting course.
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