Actuarial Science and Risk Management at Queen’s University Belfast
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 fields of pensions, insurance or in the wider financial industry.
In addition, students may gain up to seven exemptions from the professional exams required to qualify as an actuary via our accreditation with the Institute and Faculty
The duration of the BSc Actuarial Science and Risk Management degree is four years, with Year 3 spent in a salaried placement in an actuarial or risk management environment.
In each of Years 1, 2 and 4, the following modules are studied:
Actuarial Mathematics 1
Financial Reporting and Analysis
Introduction to Statistics and
Economy, Society and Public Policy 1
Economy, Society and Public Policy 2
Introduction to Statistics and Operational Research Methods
Actuarial Mathematics 2
Actuarial Methods in General Insurance
Financial Risk Modelling
Excel and VBA
Principles of Actuarial Modelling
Compulsory Placement Year*
Financial Econometrics and Data Science
Stochastic Processes for Finance
As part of the degree, students undertake a minimum of nine months in a salaried work placement in year 3, and all students will receive expert support and guidance from the dedicated placement Office before and during placement. The placement allows students to develop highly valued practical skills. Recent placement providers have included Aviva, Irish Life, Kerr Henderson, Spence & Partners, SCOR, The Pension Protection Fund and Pramerica.
Students on the course will be given the opportunity to develop their modelling skills and will use software such as Model Risk and the Bloomberg terminals in the FinTrU Trading Room.
Subject to academic performance, students can gain various exemptions from the Institute and Faculty of Actuaries (IFoA) professional exams.View Queen’s University Belfast's Website