BSc Actuarial Science and Mathematics
About this course
BSc Actuarial Science and Mathematics, a degree combining mathematical theory with financial analysis and actuarial applications. Core topics include Programming, Statistics, Mathematical Modelling, Financial Analysis, Accounting, and Artificial Intelligence & Machine Learning. This course is available with an optional foundation year. The first year covers core grounding through modules such as Microeconomics 1, Linear Algebra, Real Analysis, and Probability I. The second year progresses to subjects including Practical Statistics, Introduction to Financial Mathematics, Contingencies 1 - Actuarial Science, and Linear Regression Models, with options to study Fundamentals of Finance or Numerical Analysis 1. The final year involves advanced study through compulsory modules like Markov Processes, Tools for Risk Management, Time Series Analysis, and Contingencies 2, alongside optional choices such as Financial Derivatives, Financial Engineering, and a Project.
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: A*AA including A* in Mathematics or Further Mathematics A-level
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 14 final-year students who answered (a small group: a rough guide only)
- Teaching on my course: 83%
- Learning opportunities: 82%
- Assessment and feedback: 85%
- Academic support: 79%
- Organisation and management: 95%
- Learning resources: 95%
- Student voice: 89%
Do students stay on the course?
Based on about 30 students who started
- Continued on course: 90%
- Left higher education: 15%
What graduates do next
Based on about 68 graduates who answered, across similar courses at this university
- Working: 64%
- Working and studying: 14%
- Further study: 9%
- Unemployed: 7%
Most common jobs
- Finance Professionals: 19%
- Business, Research and Administrative Professionals: 14%
- Business and public service associate professionals: 12%
- Information Technology Professionals: 11%
- Teaching Professionals: 10%
- Find their work meaningful: 72%
- Feel on track for their future plans: 66%
- Use what they learnt on the course: 46%
Where graduates work (5 years on)
Based on about 55 graduates, across similar courses at this university
- North West: 40%
- Yorkshire and the Humber: 3%
- East Midlands: 2%
- West Midlands: 7%
- East of England: 4%
- London: 31%
- South East: 7%
- South West: 4%
- Scotland: 1%
- Northern Ireland: 1%
Who gets in
Based on about 30 students who started
- A levels: 80%
- Baccalaureate: 5%
- Foundation course: 15%
- Other HE qualification: 5%
Accreditation & quality ratings
- 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.
- Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.
TEF 2023 (whole university): Silver overall, Silver for student experience, Gold for student outcomes.
Modules
- Microeconomics 1
- Macroeconomics 1
- Linear Algebra
- Real Analysis
- Mathematical Foundations & Analysis
- Introduction to Vector Calculus
- Introduction to Ordinary Differential Equations
- Probability I
- Statistics I
- Foundations of finance: Investments and the time and value of money
- Practical Statistics
- Introduction to Financial Mathematics
- Contingencies 1 - Actuarial Science
- Partial Differential Equations & Vector Calculus
- Linear Regression Models
- Stochastic Processes
- Probability and Statistics 2
- Fundamentals of Finance
- Fundamentals of Financial Reporting B
- Fundamentals of Management Accounting
- Introduction to Corporate Finance and Financial Instruments
- Principles of Mathematical Modelling
- Numerical Analysis 1
- Leadership in Action Online Unit
- Markov Processes
- Tools for Risk Management
- Time Series Analysis
- Multivariate Statistics and Machine Learning
- Generalised Linear Models
- Contingencies 2
- Mortality Modelling in Insurance
- Introduction to Corporate Finance and Financial Instruments
- Technology, Strategy and Innovation
- New Product Development and Innovation
- Marketing
- Management of Knowledge and Innovation
- Financial Derivatives
- Financial Engineering
- Logic and Modelling
- Introduction to AI
- Giving Meaning to Programs
- Teaching and Learning of Mathematics
- Theories of Equity in Education
- Educational Leadership
- Independent Study and Technical Explanations
- The Nuclear Age: Global Nuclear Threats from Hiroshima to Today
- Double Project
- Mathematics Education
- Project (Semester One)
- Project (Semester 2)
- Topology and Analysis
- Analysis and Geometry in Affine Space
- Differential Geometry of Curves and Surfaces
- Advanced Algebra
- Coding Theory
- Hyperbolic Geometry
- Algebraic Geometry
- Number Theory
- Combinatorics and Graph Theory
- Mathematical Logic
- Complex Analysis&Applications
- Wave Motion
- Elasticity and Viscous Fluid Dynamics
- Mathematical Biology
- Methods of Applied Mathematics
- Mathematics of a Finite Planet
- Matrix Analysis
- Numerical Analysis 2
- Problem Solving by Computer
- Mathematics and Applications of Machine Learning
- Martingales with Applications to Finance
- Foundations of Modern Probability
- Medical Statistics
- Mathematical Modelling in Finance
- Tools and Techniques for Enterprise
- Tools & Techniques for Enterprise
- Advanced Technology Enterprise
- Interdisciplinary Sustainable Development
- Formal Logic
Questions about this course
How much do graduates of BSc Actuarial Science and Mathematics at University of Manchester earn?
The median salary is £31,000 after 15 months, £30,500 after 3 years, £41,500 after 5 years. After five years the middle half of graduates earn between £29,000 and £56,000. The £41,500 median after five years is £2,000 more than the UK median for Mathematics.
What do graduates of BSc Actuarial Science and Mathematics at University of Manchester do next?
87% were in work or further study 15 months after finishing (Graduate Outcomes 2023-24).
Are students happy with the teaching on BSc Actuarial Science and Mathematics at University of Manchester?
83% of final-year students were positive about the teaching in the National Student Survey 2025-26.
What grades do I need for BSc Actuarial Science and Mathematics at University of Manchester?
The typical offer is A*AA at A level. The average entrant had 189 UCAS points.
Is BSc Actuarial Science and Mathematics at University of Manchester accredited?
Yes. 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. Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations.
How many students continue on BSc Actuarial Science and Mathematics at University of Manchester?
90% of students continued into their second year, and 15% left higher education.