Actuarial Science with a Year in Industry BSc (Hons)

University of East Anglia UEA

Would you like to build analytical systems to help businesses solve complex financial problems? Do you have a love of mathematics? If so, this course is for you. Actuarial Science is constantly adapting to meet the needs of the ever-changing world of business and finance. As new techniques are developed, the old ones are replaced. Here at UEA, we recognise this, which is why our BSc in Actuarial Science with a Year in Industry is continually evolving to ensure we’re amongst the best actuarial science programmes in the world. On this course, you’ll spend 9 to 12 months on a work placement, gaining invaluable real-world industry experience. Our actuarial science degree will provide you with an excellent grounding in actuarial science, data science and risk management, giving you the chance to accelerate your journey to becoming a financial professional, or an actuary, or work in alternative fields related to managing risk. You’ll be well equipped to play a crucial role in a large range of global companies. If you’re ambitious and bright, these skills will be the first step to a highly successful, secure, and well remunerated career. We listen closely to our industrial partners to ensure that our courses include the skills that they’re looking for in graduates. We’re positioned within the School of Engineering, Mathematics and Physics. You’ll learn the key aspects of actuarial science and develop highly desirable skills in computing and data science. You can also develop expertise in machine learning, artificial intelligence, and coding in Python. You’ll become skilled in statistics, actuarial mathematics, financial mathematics, financial economics, and corporate finance, with further options to choose modules in computer science if you wish. These skills are needed in many highly rewarding professions, including becoming a fully qualified actuary. Graduates from our degrees are highly sought after and the BSc can lead you into careers such as becoming an actuary, an investment analyst, an underwriter, a risk manager, or a data scientist. Placement Year and Study AbroadYou’ll spend your third year on industrial placement in a commercial environment. Recent placement partners in the School have included Aviva, Lloyds Bank, NFU Mutual, Xafinity and LV. You’ll be expected to seek your own work placement. However, we will, of course, offer significant guidance and support to help you with identifying and securing your placement. During this year, you’ll be supported by an industrial supervisor and a mentor from the University. You and your industrial supervisor will give feedback during the placement to ensure that it’s progressing well, and your UEA mentor will visit you during the year. Please note that we cannot guarantee any student a work placement as this decision rests with potential employers. If you’re unable to secure a work placement by the end of your second year, you’ll have the option to apply to be transferred onto the equivalent degree programme without a Year in Industry.