StudyLink logoHome
Students on a university campus

Actuarial Science degrees in 2024

Highlighted course

Actuarial Science BSc (Hons)

Swansea University United Kingdom

Find out more

Accounting and Finance BSc (Hons)

Arden University, Berlin Germany

Find out more

Actuarial Science BSc (Hons)

City, University of London United Kingdom

Find out more See all matching courses

Actuarial Science UG:Bachelor

University of Waterloo Canada

Find out more

Mathematics and Actuarial Science BSc (Hons)

University of Leicester United Kingdom

Find out more

Actuarial Science BSc

University of Amsterdam Netherlands

Find out more

Bachelor of Actuarial Science Bachelor Degree

Bond University Australia

Find out more See all matching courses

Mathematics with Actuarial Science with Professional Placement BSc (Hons)

Queen Mary, University of London (QMUL) United Kingdom

Find out more See all matching courses

Financial Mathematics and Actuarial Science BSc (Hons)

University College Cork (UCC) Ireland

Find out more

Actuarial Science and Risk Management BSc

Queen's University Belfast United Kingdom

Find out more
Search Actuarial Science degrees

Want to see postgraduate courses? See postgraduate degrees in Actuarial Science

Don't meet the entry requirements for these courses? Learn more about pathway programme options.

Actuarial Science Degrees

Study Actuarial Science Degrees

Actuarial science is responsible for the application of mathematical skills to the social sciences to solve problems for insurance, commerce and government, among others. You will be expected to apply mathematical formulas, as well as assessing risks for insurance plans.

An undergraduate degree in actuarial science will provide you with a foundation level of knowledge in the areas of finance and probabilities, before exploring the more complex ideas and concepts. You will study modules on economics, statistics and stochastic processes, as well as many other topics.

Your degree will be delivered mainly through lectures and seminars. You may be required to participate in a placement module, but this is not guaranteed.

Depending on where you choose to study, you may be able to specialise towards the end of your degree. This specialisation can influence your career choices once you have graduated. Common specialisations include:

  • Actuarial Mathematics
  • Probability, Distribution Theory and Inference
  • Survival Models
  • Social Psychology
  • Abstract Mathematics
  • Accounting, Financial Institutions and Financial Management

If your degree requires you to write a dissertation, this will give you the opportunity to further research a favoured area of actuarial science.

The accreditation of your degree will depend on where you choose to study. Different countries can have their own accreditation systems. Generally, you can expect to be awarded a Bachelor of Science (BSc).

It is possible that your degree will be accredited by a professional body of actuarial science, depending on where you study. For example, in the UK, some degree courses are accredited by the Institute and Faculty of Actuaries.

Typically, an undergraduate degree in actuarial science will take three to four years. Foundation degrees, diplomas and certificates can last up to two years when studied full-time.

Once you have successfully completed your degree, you can choose to either seek employment in your chosen area, or further your studies. Continuation of your studies could be in the form of a postgraduate degree, such as a masters or PhD, or a graduate diploma or certificate.

The most common destination of graduates is to work as an actuary. The work of an actuary is very specialized, and can only be done by certified actuaries, meaning you will have to gain extra accreditation before entering the workplace.

An undergraduate degree in actuarial science will provide you with a foundation level of knowledge in the areas of finance and probabilities, before exploring the more complex ideas and concepts. You will study modules on economics, statistics and stochastic processes, as well as many other topics.

Your degree will be delivered mainly through lectures and seminars. You may be required to participate in a placement module, but this is not guaranteed.

Sign up to StudyLink.com

Sign up to StudyLink.com, the home of quality study abroad advice.

Sign up now
Students with books and test tubes

International study advice

Find out more about the range of subjects that you can study at institutions around the world with our subject guides.

World map on a blackboard
Deciding to study abroad: The first steps

Read StudyLink's suggestions on your first steps when deciding where to study abroad, with helpful tips to make your decision easier.

Students throwing hats
What is a Pre-Masters?

International students finding it difficult to meet conditions of eligibility criteria can choose to enrol in pre-masters courses before applying for a masters degree programme.

Students reading a book
English Language Testing for International Students

Find out more about English language tests, your options and what is required as an overseas student.

Teacher at a whiteboard
How will studying abroad help your career prospects?

Read more about studying abroad, and how it can boost your future career prospects.

See more international study advice