BSc Actuarial Mathematics with a Year Abroad
About this course
BSc (Hons) in Actuarial Mathematics with a Year Abroad, a quantitative degree focused on applying advanced mathematical and statistical techniques to financial risk and economic challenges. Core topics include Statistics, Mathematical Modelling, and Accounting. Students must spend a compulsory third year abroad studying at an approved international partner institution. The first year establishes fundamental methods through modules such as Mathematical IT Skills, Economic Principles for Business and Markets, and Principles of Finance. The second year deepens quantitative training via Probability, Life Insurance Mathematics I, Statistics, Financial Mathematics, Principles of Economics 2, and Financial Reporting and Finance (Non-Specialist), with additional optional choices including Differential Equations and Numerical Methods. The final year focuses on advanced applications through compulsory studies in Applied Probability, Life Insurance Mathematics II, Stochastic Modelling in Insurance and Finance, Statistical Methods in Insurance and Finance, Actuarial Models, and Financial Computing in R.
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.
Entry requirements
A level: ABB IB: 32 points overall with no score less than 4 and including 6 in HL Mathematics, or pass the IB Diploma plus 6,5,5 in 3 HL subjects including 6 in HL Mathematics. BTEC: Applications considered when combined with A level Maths grade A
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What students say
Based on about 30 final-year students who answered, across similar courses at this university
- Teaching on my course: 92%
- Learning opportunities: 93%
- Assessment and feedback: 83%
- Academic support: 92%
- Organisation and management: 94%
- Learning resources: 94%
- Student voice: 89%
Do students stay on the course?
Based on about 70 students who started, across similar courses at this university
- Continued on course: 95%
- Left higher education: 5%
What graduates do next
Based on about 7 graduates who answered, across similar courses at this university (a small group: a rough guide only)
- Working: 60%
- Working and studying: 25%
- Further study: 10%
Most common jobs
- Administrative occupations: 20%
- Finance Professionals: 15%
- Business and public service associate professionals: 15%
- Elementary occupations: 10%
- Business, Research and Administrative Professionals: 10%
- Find their work meaningful: 80%
- Feel on track for their future plans: 84%
- Use what they learnt on the course: 71%
Where graduates work (5 years on)
Based on about 485 graduates, across similar courses at this university
- North East: 1%
- North West: 49%
- Yorkshire and the Humber: 5%
- East Midlands: 4%
- West Midlands: 7%
- East of England: 3%
- London: 14%
- South East: 6%
- South West: 2%
- Wales: 7%
- Scotland: 1%
- Northern Ireland: 2%
Who gets in
Based on about 80 students who started, across similar courses at this university
- A levels: 63%
- Other HE qualification: 37%
Accreditation & quality ratings
- Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.
- This course is accredited by the Institute of Mathematics and its Applications (IMA) and meets the educational requirements for the Chartered Mathematician (CMath) designation. It is also recognised as meeting the educational requirements for IMA membership at the appropriate level, from Student Member to Fellow.
TEF 2023 (whole university): Gold overall, Silver for student experience, Gold for student outcomes.
Modules
- MATHEMATICAL IT SKILLS
- ECONOMIC PRINCIPLES FOR BUSINESS AND MARKETS
- PRINCIPLES OF FINANCE
- PROBABILITY
- LIFE INSURANCE MATHEMATICS I
- STATISTICS
- FINANCIAL MATHEMATICS
- PRINCIPLES OF ECONOMICS 2
- FINANCIAL REPORTING AND FINANCE (NON-SPECIALIST)
- DIFFERENTIAL EQUATIONS
- NUMERICAL METHODS
- OPERATIONAL RESEARCH: LINEAR AND CONVEX METHODS
- METRIC SPACES AND CALCULUS
- STEM COMMUNICATION AND EDUCATION
- BECOMING ENTREPRENEURIAL
- APPLIED PROBABILITY
- LIFE INSURANCE MATHEMATICS II
- STOCHASTIC MODELLING IN INSURANCE AND FINANCE
- STATISTICAL METHODS IN INSURANCE AND FINANCE
- ACTUARIAL MODELS
- FINANCIAL COMPUTING IN R
Questions about this course
How much do graduates of BSc Actuarial Mathematics with a Year Abroad at University of Liverpool earn?
The median salary is £29,000 after 15 months, £27,000 after 3 years, £37,500 after 5 years. After five years the middle half of graduates earn between £28,000 and £47,000. The £37,500 median after five years is £2,000 less than the UK median for Mathematics.
What do graduates of BSc Actuarial Mathematics with a Year Abroad at University of Liverpool do next?
95% were in work or further study 15 months after finishing (Graduate Outcomes 2023-24).
Are students happy with the teaching on BSc Actuarial Mathematics with a Year Abroad at University of Liverpool?
92% of final-year students were positive about the teaching in the National Student Survey 2025-26.
What grades do I need for BSc Actuarial Mathematics with a Year Abroad at University of Liverpool?
The typical offer is ABB at A level, or 32 points in the IB. The average entrant had 145 UCAS points.
Is BSc Actuarial Mathematics with a Year Abroad at University of Liverpool accredited?
Yes. Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations. This course is accredited by the Institute of Mathematics and its Applications (IMA) and meets the educational requirements for the Chartered Mathematician (CMath) designation. It is also recognised as meeting the educational requirements for IMA membership at the appropriate level, from Student Member to Fellow.
Does BSc Actuarial Mathematics with a Year Abroad at University of Liverpool include a placement year or year abroad?
The course has a compulsory year abroad.
How many students continue on BSc Actuarial Mathematics with a Year Abroad at University of Liverpool?
95% of students continued into their second year, and 5% left higher education.