Single room with shared facilities
Campus halls with shared kitchen and bathroom facilities; bills typically included.
£128–£155/week
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Bachelor of Actuarial Science at University of Essex is a 3-year BSc actuarial science degree at the Colchester Campus. Build calculus, probability, financial mathematics, contingencies, and statistical modelling skills through the School of Mathematics, Statistics and Actuarial Science, with strong links to insurance, pensions, and financial services employers across the UK.
Study Mathematics ranked #451–500 worldwide in QS World University Rankings by Subject and #6 in the UK in the Guardian University Guide. The University of Essex is also placed in the top 200 in the Times Higher Education Impact Rankings, among the top 10% of universities globally, and #30 in the UK in the Complete University Guide.
Year one builds calculus, matrices, statistics, finance, and economics for actuaries; year two develops financial mathematics, survival analysis, contingencies, and core mathematical methods; year three advances portfolio mathematics, derivatives, stochastic processes, regression, Bayesian statistics, and a mathematics capstone project.
Indicative total fees are £67,800 tuition with £0 application fee, with live GBP to MYR conversion in the fee breakdown below.
Entry requirements typically include A Levels BBB–BBC, STPM BBB–BBC, UEC pass all subjects with a minimum of five subjects at B4 or above, IB 30–29 points, and Other Qualifications on request. IELTS 6.0 overall with a minimum of 5.5 in each component, TOEFL 4 overall with a minimum of 4 in each component, PTE 60 overall with a minimum of 59 in each component, or CEFR band B2 overall with B2 in all components is required.
Career outcomes include actuary, actuarial analyst, graduate actuarial trainee, actuarial consultant, pensions actuary, and life insurance actuary roles.
Study at Colchester Campus with October intake. Plan to apply at least three months before your chosen start date.
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University of Essex ranks #451–500 worldwide for Mathematics in QS World University Rankings by Subject and #6 in the UK in the Guardian University Guide, reflecting strong actuarial science teaching at Colchester Campus.
Ranked in the top 200 in the world in the Times Higher Education Impact Rankings — recognising Essex’s contribution to sustainable development and global impact.
Placed among the top 10% of universities globally, signalling international recognition for teaching quality, research, and graduate outcomes.
Ranked #30 in the UK in the Complete University Guide — combining academic strength with career-focused actuarial education at Colchester.
Study at the Colchester Campus — University of Essex’s parkland campus home to the School of Mathematics, Statistics and Actuarial Science, the Silberrad Student Centre, and strong links to insurance, pensions, and financial services employers across Essex and the wider UK.
Minimum scores are shown on each card. Tap the grey on each card for score details.
Scholarship options for this degree programme depend on your intake and academic profile. Contact us and we’ll check eligibility with University of Essex.
Core fees are shown in British pounds (GBP). Ringgit (MYR) equivalents use a live GBP/MYR rate. Figures are illustrative only. University of Essex typically reviews tuition each year; expect an estimated 5–10% annual increase — always use the latest official tuition on your offer or fee schedule.
Indicative totals above are not a quote. Tuition and related fees follow University of Essex’s current published schedule for your intake year. For scholarships, contact us. MYR equivalents use the live rate shown above.
The Bachelor of Actuarial Science is completed over 3 years of full-time study at Colchester Campus, with October intake. Expand each year for modules and programme detail.
Year one builds the mathematical and economic foundations actuaries need at Colchester Campus. You study calculus, matrices and complex numbers, introductory statistics, finance, and economics for actuaries, alongside mathematical and computational modelling that develops coding and quantitative problem-solving habits. A careers and employability strand runs through the year so you connect theory to insurance, pensions, and financial risk roles before specialised actuarial modules in years two and three, preparing you for professional pathway planning.
| Module title | Credits |
|---|---|
| Calculus (Core) | 30 |
| Matrices and Complex Numbers (Core) | 15 |
| Statistics I (Core) | 15 |
| Introduction to Finance (Core) | 15 |
| Economics for Actuaries (Core) | 30 |
| Mathematical and Computational Modelling (Compulsory) | 15 |
| Mathematics Careers and Employability (Compulsory) | 0 |
Year two develops core actuarial technique through financial mathematics, survival analysis, and contingencies, supported by finance and financial reporting and advanced statistics for modelling uncertain lifetimes and cash flows. Compulsory mathematical methods cover optimisation, ordinary differential equations, and linear algebra, strengthening the analytical toolkit used in pricing and reserving work. The continuing careers module prepares you for internships and professional pathway planning aligned with actuarial employer expectations across the UK.
| Module title | Credits |
|---|---|
| Finance and Financial Reporting (Core) | 15 |
| Financial Mathematics (Core) | 15 |
| Statistics II (Core) | 15 |
| Survival Analysis (Core) | 15 |
| Contingencies I (Core) | 15 |
| Optimisation (Linear Programming) (Compulsory) | 15 |
| Ordinary Differential Equations (Compulsory) | 15 |
| Linear Algebra (Compulsory) | 15 |
| Mathematics Careers and Employability (Compulsory) | 0 |
Year three consolidates actuarial and statistical expertise with portfolio mathematics, financial derivatives, contingencies II, stochastic processes, linear regression, and Bayesian computational statistics for modern risk analysis. A mathematics capstone project lets you apply modelling and analysis to an extended problem under academic supervision. Careers support helps you target graduate actuarial trainee, analyst, and consultant roles across life insurance, pensions, consulting, and broader financial risk management.
| Module title | Credits |
|---|---|
| Statistical Methods (Core) | 15 |
| Mathematics of Portfolios (Core) | 15 |
| Financial Derivatives (Core) | 15 |
| Linear Regression Analysis (Compulsory) | 15 |
| Contingencies II (Compulsory) | 15 |
| Stochastic Processes (Compulsory) | 15 |
| Capstone Project: Mathematics (Compulsory) | 15 |
| Bayesian and Computational Statistics (Compulsory) | 15 |
| Mathematics Careers and Employability (Compulsory) | 0 |
University of Essex offers October intake for this degree at Colchester Campus. Plan to apply at least 3 months before your classes start.
Exact dates vary by intake year; apply early to secure your place, arrange your visa, and organise accommodation. Confirm with University of Essex or our advisors.
Start your UK student visa once you have your offer. We guide timeline and documents.
Official source: Intake dates are set by University of Essex and may change.
Live rate (same as Fee estimate): 1 GBP = — MYR
Planning Bachelor of Actuarial Science at University of Essex is easier with a clear timeline and checklist. Our consultants help you align documents with your chosen intake and university deadlines.
Once your budget pathway and entry route are clear, we guide you through each submission step — from academic proofs to study-grant checks.
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