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BSc Mathematics and Actuarial Science

University of Leicester

About this course

BSc in Mathematics and Actuarial Science, an undergraduate degree combining advanced mathematical theory with financial risk assessment and business applications. Core topics include Data Analysis, Statistics, Mathematical Modelling, and Artificial Intelligence & Machine Learning. Students can choose to undertake an optional professional placement year in industry. The first year establishes fundamental methods through Calculus and Analysis 1, Linear Algebra 1, Probability and Statistics, and Business Microeconomics. The second year progresses into specialised financial applications with Actuarial Modelling 1, Statistical Distributions and Inference, Fundamentals of Data Science, and Business Finance. The final year focuses on advanced methodology and independent research via the Actuarial Mathematics Project, Financial Engineering, Liability Modelling, and Markov Processes. Optional modules in the final year include Operational Research, Generalised Linear Models, and Data Mining and Neural Networks.

Written by AI from the university's course page and module list. It can get details wrong, so check the official course page before you rely on it.

Institution
University of Leicester
Level
undergraduate
Subject
Mathematics and Actuarial Science BSc
Duration
3-4 years
UCAS code
GN1H
Typical offer
A-level AAB
Median salary
£44,500 after 5 years

Entry requirements

A level: AAB-ABB including Maths

See the highest paying Mathematics degrees in the UK →

See the highest paying Business & Accounting degrees in the UK →

What students say

Based on about 10 final-year students who answered (a small group: a rough guide only)

  • Teaching on my course: 86%
  • Learning opportunities: 90%
  • Assessment and feedback: 79%
  • Academic support: 100%
  • Organisation and management: 88%
  • Learning resources: 90%
  • Student voice: 59%

Do students stay on the course?

Based on about 30 students who started

  • Continued on course: 90%
  • Left higher education: 10%

What graduates do next

Based on about 7 graduates who answered (a small group: a rough guide only)

  • Working: 70%
  • Working and studying: 20%
  • Further study: 10%

Most common jobs

  • Business, Research and Administrative Professionals: 55%
  • Administrative occupations: 15%
  • Finance Professionals: 15%
  • Sales occupations: 5%
  • Managers, directors and senior officials: 5%
  • Find their work meaningful: 80%
  • Feel on track for their future plans: 75%
  • Use what they learnt on the course: 80%

Where graduates work (5 years on)

Based on about 50 graduates, across similar courses at this university

  • North West: 5%
  • Yorkshire and the Humber: 5%
  • East Midlands: 15%
  • West Midlands: 15%
  • East of England: 10%
  • London: 35%
  • South East: 10%
  • Wales: 5%

Who gets in

Based on about 20 students who started (a small group: a rough guide only)

  • A levels: 90%
  • Other HE qualification: 10%

Accreditation & quality ratings

  • Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.

TEF 2023 (whole university): Gold overall, Silver for student experience, Gold for student outcomes.

Modules

  • Calculus and Analysis 1
  • Linear Algebra 1
  • Fundamentals of University Mathematics
  • Calculus and Analysis 2
  • Linear Algebra 2
  • Probability and Statistics
  • Business Microeconomics
  • Business Macroeconomics
  • Actuarial Modelling 1
  • Statistical Distributions and Inference
  • Actuarial Professional Skills and Employability
  • Actuarial Modelling 2
  • Fundamentals of Data Science
  • Statistical Data Analysis
  • Business Finance
  • Actuarial Mathematics Project
  • Financial Engineering
  • Liability Modelling
  • Markov Processes
  • Survival Models
  • Operational Research
  • The Management and Shaping of Innovation
  • Business Microeconomics
  • Generalised Linear Models
  • Data Mining and Neural Networks
  • Business Macroeconomics
  • Advanced Investment Management

Questions about this course

How much do graduates of BSc Mathematics and Actuarial Science at University of Leicester earn?

The median salary is £28,000 after 15 months, £33,000 after 3 years, £44,500 after 5 years. After five years the middle half of graduates earn between £36,500 and £60,000. The £44,500 median after five years is £5,000 more than the UK median for Mathematics.

What do graduates of BSc Mathematics and Actuarial Science at University of Leicester do next?

100% were in work or further study 15 months after finishing (Graduate Outcomes 2023-24).

Are students happy with the teaching on BSc Mathematics and Actuarial Science at University of Leicester?

86% of final-year students were positive about the teaching in the National Student Survey 2025-26.

What grades do I need for BSc Mathematics and Actuarial Science at University of Leicester?

The typical offer is AAB at A level. The average entrant had 127 UCAS points.

Is BSc Mathematics and Actuarial Science at University of Leicester accredited?

Yes. Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.

Does BSc Mathematics and Actuarial Science at University of Leicester include a placement year or year abroad?

The course has an optional placement year.

How many students continue on BSc Mathematics and Actuarial Science at University of Leicester?

90% of students continued into their second year, and 10% left higher education.