Actuarial Science and Mathematics
The Bachelor of Science (BSc) in Actuarial Science and Mathematics at the University of Manchester is a three-year, full-time program designed for students who are interested in pursuing a career in actuarial science, finance, or risk management. The program combines advanced mathematics with financial theory, preparing students to analyze and model risks in industries such as insurance, banking, and pension management.
Students will study core topics including probability, statistics, financial mathematics, and actuarial models, equipping them with the analytical tools needed to solve complex problems in actuarial practice. The program also prepares students for professional actuarial exams, giving them a strong foundation to become certified actuaries. Graduates will be well-equipped for roles in insurance, investment, and risk management, where they can apply their mathematical and financial expertise to assess and mitigate financial risks.
Key information
Key Facts
Program Title: Actuarial Science and Mathematics
Degree Type: Bachelor of Science
Duration: 3 Years
Mode of Study: Full-time, On Campus
Application Deadline: 14th January 2026
Location: University of Manchester, United Kingdom
Field of Study: Mathematics
Language of Instruction: English
Program Structure
Year 1 – Foundations in Actuarial Science and Mathematics
- Introduction to Actuarial Science and Risk Theory
- Calculus and Linear Algebra
- Probability and Statistics for Actuaries
- Financial Mathematics and Interest Theory
Year 2 – Intermediate Actuarial Science and Mathematical Techniques
- Actuarial Modelling and Financial Products
- Advanced Probability and Stochastic Processes
- Life Contingencies and Pension Mathematics
- Mathematical Methods for Actuarial Problems
Year 3 – Advanced Actuarial Science and Research
- Actuarial Risk Management and Insurance Mathematics
- Advanced Financial Mathematics and Investment Theory
- Statistical Inference and Data Analysis for Actuaries
- Final Year Project in Actuarial Science
Career Opportunities
Graduates of the Actuarial Science and Mathematics program are well-equipped for careers in insurance, finance, and risk management. With a strong foundation in mathematical techniques and actuarial modelling, students can work as actuaries, risk analysts, or consultants in both private and public sectors. Opportunities also exist in investment banking, pension planning, and financial advisory services, where expertise in financial risk, data analysis, and statistical modelling is in high demand.
Why Choose This Program
This program offers a rigorous blend of mathematical theory and practical actuarial skills, preparing students for a wide range of careers in finance and insurance. The University of Manchester provides expert faculty, access to industry-standard actuarial software, and opportunities for professional development and certifications. The three-year full-time program ensures students are well-prepared for both the actuarial exams and future roles in high-demand fields like risk management and financial analysis.
Contact Information
For further information, please contact the admissions office at:
Phone: +44 (0)161 275 5252
Email: admissions@manchester.ac.uk
Address: University of Manchester, Oxford Road, Manchester M13 9PL, United Kingdom
