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The best preparation for a career in actuarial science is a university programme with deep mathematical content, broad business content, and a clear connection to employability. Swansea University strikes the perfect balance in the picturesque setting of our beachfront campus.

Choice of Programmes

The Swansea University BSc Actuarial Science programme aligns with the Institute and Faculty of Actuaries (IFoA) professional exams. Students who graduate from our BSc Actuarial Science degree programme with good marks can earn exemption from IFoA exams CS1, CS2, CM1, CM2, CB1, and CB2. Students in our BSc Mathematics or BSc Mathematics for Finance programme can qualify for one to three IFoA exemptions while focusing more directly on mathematics and capping off with a career-boosting independent project. Our MSc programmes offer recent BSc graduates in mathematics or a related field the opportunity to add an actuarial specialty in a short amount of time.

Our mathematics offerings include a strong core of analysis and algebra along with plenty of statistics and applied modules in actuarial mathematics using industry-standard software tools such as R and Excel. Many of those modules are designed and taught by a qualified actuary in conjunction with our internationally recognised stochastic analysis group. One-fourth of the BSc Actuarial Science programme is taught by our top-flight School of Management, which hosts the Hawkes Centre for Empirical Finance. As such, students learn accounting, finance and economics from professionals with business experience in those fields.

Why Swansea?

  • UK Top 5 University for Career Prospects (Guardian, 2020)
  • World-ranked for research in mathematics (QS World University Rankings and Shanghai Rankings)
  • Top 15 in UK for graduate prospects for maths (The Complete University Guide, 2021)
  • Top 20 in UK for student satisfaction for maths (The Guardian University Guide, 2020)
  • TEF Gold award for teaching excellence
  • The £32.5M Computational Foundry building gives students access to bespoke study and teaching spaces designed by and for mathematicians

At our Bay Campus on the beautiful Swansea beachfront, you will develop your skills through a combination of lectures, seminars, computer labs and tutorials. Our state-of-the-art teaching facilities include research and development laboratories, as well as networking and inspirational spaces.

Preparing for the Future

The importance of gaining valuable core skills and life experience whist at university has never been so critical. Swansea students can elect a year abroad to gain international experience or a year in industry to gain valuable paid professional experience in actuarial science. Students who need extra preparation in order to succeed at a high level can take a foundation year prior to beginning the usual programme.

Our actuarial science and mathematics graduates are set on course for a range of stimulating opportunities. Besides the obvious possibility of an actuarial role in insurance, pensions or consulting, you might find your future lies in a career as a data scientist, a statistical analyst or an industrial modeller.

The Swansea Employability Academy has dedicated staff who will always be on hand to provide employability support throughout your studies, with CV workshops, interviewing practice and our online Employment Zone, which advertises work placements, part time vacancies and graduate jobs. Our departmental employability officer will fill you in on specific opportunities and will organise opportunities for you to meet working actuaries and mathematics graduates.

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