Planit


Actuarial Science

Heriot-Watt University

Venues

Edinburgh Campus

Content

The Actuarial Science degree is ideal if you’re interested in maths and looking for a course that offers a rewarding career – both intellectually and financially. As 30% of teaching staff are qualified actuaries, this degree also offers current teaching that’s always applicable to the real workplace and current economy. There are also opportunities for industry placements and an exchange year in Canada or Australia.

Year 1
Introduction to Statistical Science; Calculus; Algebra; Professional Development Planning; Finance; Economics and practical work.

Year 2
Probability and Statistics; Actuarial and Financial Mathematics; Linear Algebra; Real Analysis; Multivariate Calculus; Introduction to Numerical Methods and practical work.

Year 3
Financial Mathematics; Survival Models; Portfolio Theory; Life Insurance Mathematics; Applied Statistics; Stochastic Processes and a project.

Year 4
Risk Theory; Risk Management; Pension Funds; Life Office Practice; Financial Economics; Bayesian Inference and other statistical topics.

Entry Requirements

2023 entry requirements:
Standard entry: 4 Highers at AAAB including Maths at A plus English at National 5.

Widening access entry: 4 Highers at ABBC including Maths at A plus English at National 5.

For entry to year 2 you would require 3 Advanced Highers at AAB including Maths at A plus Highers at AAAB.

Start Date

September

Qualification

Degree

Award

BSc Hons

Study Method

Full time

UCAS Code

GG13

Course Length

3 - 4 years

Faculty

School of Mathematical and Computer Sciences

Department

Actuarial Mathematics and Statistics

SCQF Level

10

Website

www.hw.ac.uk

Career Sectors

Biology

Chemistry and Materials Science

Food Science and Technology

Mathematics and Statistics

Physics

Science General