BSC Actuarial Science at Swansea University

Swansea University's BSC Actuarial Science program is a great choice for those interested in the field. The program is accredited by the Institute and Faculty of Actuaries (IFoA), which is a significant advantage for students looking to pursue a career in actuarial science.

The program is designed to provide students with a solid foundation in mathematical and statistical techniques, as well as business and economics principles. This is achieved through a combination of core and optional modules, which allow students to tailor their studies to their interests and career goals.

Swansea University is a well-established institution with a strong reputation for producing high-quality graduates. This is reflected in the university's ranking in the UK, which is consistently high.

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The BSc Actuarial Science program is designed to make students job-ready in the profession of actuaries and analytics. The curriculum covers techniques of Mathematics, Statistics, Economics, Finance, and Analytics to Data Analysis in the areas of Management and the Financial Sector.

India has a shortage of actuaries, with less than 500 professionals in the country compared to about 60,000 worldwide. This creates a high demand for skilled actuaries and data analysts.

The program is structured into various courses, including Ability Enhancement Skill Courses, Core Courses, Elective Courses, and Skill Enhancement Courses. Here's an overview of the course structure:

The program covers various topics, including Actuarial Mathematics, Actuarial Statistics, Actuarial Economics, and Data Analytics. Students will also learn about Business English Communication and Soft Skills and Actuarial Communication.

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The BSc Actuarial Science program at Swansea University is a three-year degree that will equip you with the deep mathematics involved in analysing risk, along with practical business applications relevant to the actuarial profession.

You'll learn from inspirational and internationally-renowned business professionals with many years of industry experience, including Dr Jafar Ojra, Senior Lecturer in Accounting and Chartered Global Management Accountant.

The program is accredited by the Institute and Faculty of Actuaries (IFoA), which means that program modules in mathematics, accounting, finance, and economics are aligned with the IFoA professional examinations. This can give you up to six exemptions from IFoA professional examinations.

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The program is taught in English, but it may offer some modules taught through the medium of Welsh or bilingually for students who consider themselves to be fluent Welsh speakers.

If you're a math major, you'll need to select MATH 450 Senior Seminar (directed reading in AS) to fulfill the Mathematics requirements.

Here's a breakdown of the requirements for the Actuarial Science minor:

Electives for MATH majors: ACCT 201, ACCT 202, ECON 211, ECON 212, MATH 363, MATH 364, FIN 343, FIN 344

Electives for non-MATH majors: MATH 331, MATH 333, MATH 337, MATH 363, MATH 364

Note that prerequisite/elective substitutions may be permitted, and students should consult with their advisor or the Director of the Actuarial Science Program to avoid taking courses for which credit is not allowed.

The career of an actuary is regularly voted among the top three job choices based on intellectual stimulation, impact, and financial reward.

A Swansea graduate with exemption from several IFoA professional examinations has a distinct competitive advantage to begin an actuarial career in insurance, risk management, or investment and finance.

You might start with a role in financial modelling and statistical interpretation then progress steadily toward becoming a technical leader and business manager.

Studying for a BSc in Actuarial Science can lead to a career in actuarial science with a strong core of mathematics and ample actuarial and business content.

A Swansea graduate with exemption from several IFoA professional examinations can begin an actuarial career with a competitive advantage.

For another approach, see: Actuarial Science Degree Online

Swansea University is a great choice for Actuarial Science students. It's ranked 3rd in the UK for Student Satisfaction (Complete University Guide 2025).

The Actuarial Science programme at Swansea University is highly regarded. It's accredited by the Institute and Faculty of Actuaries (IFoA), which means graduates can gain exemptions for up to six IFoA professional exams.

Swansea University's Actuarial Science degree has a strong reputation. It's ranked 7th in the UK (Guardian University Guide 2025).

Graduates from Swansea University's Actuarial Science programme do well after graduation. 93% of Graduates are in employment and/or other study 15 months after leaving Swansea University (HESA Graduate Outcomes Survey 2023).

Here are the key rankings that make Swansea University stand out: