About Bsc (hons) Actuarial Science And Diploma In Industrial Training in Heriot Watt University, Edinburgh

If you want to start your career with a year's work experience in hand, then you should consider this course. It combines the rigorous studies of the BSc (Hons) Actuarial Science with a year-long work placement in level 4. The work placement gives you experience of working in an organisation such as a life insurance company, a pension consultancy, an investment management firm or a bank. The Diploma in Industrial Training is gained through successful completion of this work placement. The work placement helps you to develop specific work-related skills, giving you the opportunity to apply and build upon the theory you learn in your studies. It allows you to take on real responsibilities, enhance your interpersonal skills through teamwork and communication and experience workplace culture.

The Diploma is available to all students, including those from overseas, as it does not require a work visa. If you are planning to come to the UK using a student visa you should check the Tier 4 Student Visa Policy Guidance to confirm you are permitted to undertake a work placement as part of your studies. It is your responsibility to find a suitable work placement; acceptance onto the course does not guarantee you a placement. If you are registered on the course and are unable to find a suitable work placement before the end of level 3 then you can transfer to the standard BSc (Hons) Actuarial Science degree. Organisations that recent students have secured placements with include Prudential, Aegon and Mercer. 

Employability

Work and study

This is what our BSc (Hons) Actuarial Science and Diploma in Industrial Training students are doing six months after graduating:

• 75% are working
• 5% are studying
• 15% are working and studying.

Managerial/professional position

• 90% of those working are in a professional/managerial position six months after graduating.

Salary

• The average salary of students six months after graduating: £29000
• The average UK salary of students six months after graduating from a similar course: £25000

Jobs

These are the most common jobs students go into six months after graduating:

• Business, research and administrative professionals
• Business and public service associate professionals

Academic qualification equivalents

• Students who have successfully completed Standard XII examinations will be considered for entry onto our undergraduate degrees across the full disciplinary spectrum.

English language requirements (one of the below):

• IELTS :6.0
• TOEFL IBT: 80
• PTE: 50-57

Heriot-Watt University Highlights

Heriot-Watt University Average Tuition Fees And Other Expenses

International students applying through UCAS can find their exact tuition expenses by submitting the Fee Status Enquiry form. The cost of living will be determined by the course opted as well as the applicant's nationality. Edinburgh has a comparatively lower cost than other UK cities. Estimate cost of living on and off-campus for UK Campuses is tabulated below: 

Living in a rented flat may vary according to the type of accommodation and facilities being availed. The estimated monthly cost including food and travel is £923.