About Actuarial Science, Bsc (hons) in Swansea University
If you enjoy mathematics and want to apply your knowledge to solve real-world business problems, then the actuarial science programme at Swansea University is an excellent route to meet your goals.
An actuary is a highly trained and influential business professional who uses advanced mathematical modelling and business understanding to analyse future risks.
Through this three-year BSc degree you will learn the deep mathematics involved in analysing risk along with a wide variety of practical business applications relevant to the actuarial profession. The programme is accredited by the Institute and Faculty of Actuaries (IFoA), so programme modules in mathematics, accounting, finance and economics are aligned with the IFoA professional examinations. Graduates can obtain up to six exemptions from IFoA professional examinations, which is a tremendous head start toward obtaining actuarial employment and succeeding as an actuary.
WHY ACTUARIAL SCIENCE AT SWANSEA?
Actuarial Science at Swansea University is a highly regarded degree that combines the mathematics and management content needed for an intriguing and rewarding career in risk management.
Your learning will be shaped by inspirational and internationally-renowned business professionals with many years of industry experience including Dr Randall Wright, Associate Professor in Actuarial Science and Fellow of the US Society of Actuaries, and Dr Jafar Ojra, Senior Lecturer in Accounting and Chartered Global Management Accountant.
The Swansea University Actuarial Science programme is accredited by the Institute and Faculty of Actuaries (IFoA), so the successful graduate can gain exemptions for up to six IFoA professional exams.
You will be joining a university that holds a TEF Gold Award, UK Government recognition for teaching excellence.
Non-native English speakers must achieve 6.0 overall with no component less than 5.5 in IELTS or equivalent tests.
Candidates are expected to have achieved 70% Year XII including Standard XII in English - 70% or above (or equivalent).
Swansea University Highlights
| Type of learning |
On-campus |
| Type of degrees |
Bachelors, Masters |
| No. of campuses |
2 |
| Application Season |
Various intakes round the year |
| On-campus housing |
Available |
| Financial Aid |
Available as Scholarships and Awards |
| Work Study |
Available for international students |
Swansea University Average Tuition Fees And Other Expenses
An estimated budget for aspirants consisting of expenses like accommodation, travel and stay required to study in the UK is as compiled below. Note that an annual budget for undergraduates and graduates of the university is approximately 7500 GBP and 9500 GBP, respectively.
Swansea University Tuition Fee
The tuition fees vary from course to course for both graduate and undergraduate degrees. Fee for some of the course is:
- Social Work & Graduate Entry in Medicine (GEM): 9,000 GBP.
- Nursing, Midwifery, Paramedic Science and Healthcare courses: 9,000 GBP.
- Graduate Diploma in Law (GDL): 7950 GBP.
Swansea University Cost of living
Other expenses apart from the tuition fee are as mentioned below.
Private Residence Costs
| Expenditure |
Cost per week |
Cost per academic year (40 weeks) |
| Rent |
80.00 – 110.00 |
3200.00 – 4400.00 |
| Meals |
- |
2,000 to 3,000 |
| Contents Insurance |
2.75 |
110.00 |
| Broadband |
4.60 |
184.00 |
| Travel Costs |
9.00 |
360.00 |
Swansea University Course Costs
| Course Costs |
Costs per Week |
Cost per academic year (40 weeks) |
| Books |
8.36 |
334.40 |
| Printing and Binding |
1.10 |
44.00 |
| Course Equipment |
1.75 |
70.00 |
| Field Trips |
1.35 – 30.00 |
54.00 – 1200.00 |
