London School of Economics and Political Science (LSE) campus
Bachelor of Science
On Campus
London School of Economics and Political Science (LSE) logo
London School of Economics and Political Science (LSE)
London
United Kingdom

Actuarial Science with a Placement Year

About

The Actuarial Science with a Placement Year BSc at LSE is a three-year, full-time program designed for students who wish to pursue a career in actuarial science. The program covers key areas such as risk theory, probability, statistical analysis, and financial mathematics, providing students with the tools to assess financial risks and model future financial outcomes. The inclusion of a placement year allows students to gain valuable practical experience working with leading actuarial firms, further enhancing their employability.

Graduates of this program are well-prepared for careers as actuaries, risk managers, and financial analysts, with opportunities to work in insurance, pensions, and investment sectors. LSE’s connections with top actuarial firms and its emphasis on practical experience ensure that students leave with the skills and knowledge needed to succeed in the highly competitive actuarial profession.

Key information

Duration
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Tuition fee
$41,156.00/year
Start dates & application deadlines
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More details
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Key Facts

Program Title: Bachelor of Science in Actuarial Science with a Placement Year
Degree Type: Bachelor of Science (BSc)
Duration: 3 Years (with a placement year)
Mode of Study: Full-time, On Campus
Application Deadline: 14th June 2026
Location: University (Specify institution)
Language of Instruction: English

Program Structure

Year 1

  • Introduction to Actuarial Science and Risk Management
  • Mathematics for Actuarial Science
  • Probability and Statistics
  • Financial Mathematics and Accounting

Year 2

  • Actuarial Modelling and Forecasting
  • Life Insurance and Pensions
  • Data Analysis for Actuarial Science
  • Actuarial Software and Tools

Year 3 (Placement Year)

  • Professional Actuarial Practice
  • Industry-Specific Actuarial Skills and Applications
  • Placement Year Project and Research
  • Work-Based Learning and Actuarial Development

Year 4

  • Advanced Actuarial Modelling
  • Risk Management and Investment Analysis
  • Actuarial Valuation and Pricing
  • Dissertation Preparation and Research Project

Career Opportunities

Graduates of the Actuarial Science with a Placement Year program can pursue careers in insurance companies, pension funds, government agencies, and consultancy firms. Possible roles include actuaries, risk analysts, and financial consultants. The program prepares students for careers in risk assessment, actuarial modelling, and financial forecasting. Graduates are well-equipped to work in insurance, pension planning, and investment firms, contributing to financial risk management and insurance pricing strategies.


Why Choose This Program

This program provides a solid foundation in actuarial science and risk management, offering students the opportunity to apply theoretical knowledge in real-world industry settings through a placement year. Students will gain advanced skills in mathematical modelling, statistical analysis, and financial decision-making. The London School of Economics provides access to world-class faculty, cutting-edge research, and a global network, making it an ideal choice for those aspiring to lead in actuarial practice and financial risk management.

Contact Information

For further information, please contact the admissions office at:
Phone: +44 (0)20 7405 7686
Email: admissions@lse.ac.uk
Address: London School of Economics and Political Science, Houghton Street, London WC2A 2AE, United Kingdom