Skip to navigation | Skip to main content | Skip to footer
Menu Share this content
Menu Search the University of Manchester siteSearch
Search type

Alternatively, use our A–Z index

BSc Actuarial Science and Mathematics / Course details

Year of entry: 2019

Course description

The BSc in Actuarial Science and Mathematics is accredited by the Institute and Faculty of Actuaries. The course gives a firm foundation in Mathematics, together with specialist course units in Actuarial Science whilst giving you the opportunity to develop team working, communication and leadership skills.

The mathematical skills involved include most of the topics taught to students on the first year of the specialist mathematics degree i.e. covering aspects of pure and applied mathematics and statistics as well as some more general mathematics. As the course progresses, the statistical topics are explored in more detail. Courses in all areas of mathematics are used as a basis for some of the actuarial units.

Although the mathematics topics are more prevalent in the early years of the programme, there are opportunities to select from a wide range of mathematics options in the final year.

The actuarial topics start off with Economics, followed by Finance, and then consider the various actuarial models and contingencies used in the profession.

Supporting skills include options in leadership, enterprise and sustainable energy. These can be taken as options with alternatives including a wide range of mathematics units.

Special features

  • Generous entrance scholarships are available.
  • Small group teaching is a significant part of the first year.
  • A wide range of options is available in the third year.
  • All undergraduate students have affiliate membership of the Institute of Mathematics and its Applications.

Teaching and learning

Most teaching takes the form of lectures, with various support classes (example classes, small group tutorials or sessions in one of the computer clusters) to help you get to grips with the material, exploring topics and working on examples set by the lecturers.

Coursework and assessment

Most course units have some continual assessment (which may be, for instance, a combination of homework and in-class tests), which is put together with the result of an end-of-semester examination to provide the final mark. Some course units (such as a project) are assessed entirely by your submitted work during the semester. The class of your degree is normally based on only your last two years' work.

Course content for year 1

Course units for year 1

The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.

TitleCodeCredit ratingMandatory/optional
Microeconomics 1 ECON10221 10 Mandatory
Macroeconomics 1 ECON10252 10 Mandatory
Foundations of Pure Mathematics B MATH10111 15 Mandatory
Calculus and Vectors B MATH10131 15 Mandatory
Probability 1 MATH10141 10 Mandatory
Linear Algebra B MATH10212 15 Mandatory
Calculus and Applications B MATH10232 15 Mandatory
Sequences and Series MATH10242 10 Mandatory
Introduction to Statistics MATH10282 10 Mandatory
Financial Mathematics for Actuarial Science 1 MATH10951 10 Mandatory

Course content for year 2

Course units for year 2

The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.

TitleCodeCredit ratingMandatory/optional
Real and Complex Analysis MATH20101 20 Mandatory
Partial Differential Equations and Vector Calculus B MATH20411 10 Mandatory
Probability 2 MATH20701 10 Mandatory
Statistical Methods MATH20802 10 Mandatory
Financial Mathematics for Actuarial Science 2 MATH20951 10 Mandatory
Contingencies 1 - Actuarial Science MATH20962 10 Mandatory
Actuarial Insurance MATH20972 10 Mandatory
Fundamentals of Finance BMAN10552 10 Optional
Fundamentals of Financial Reporting B BMAN10621B 10 Optional
Fundamentals of Management Accounting BMAN10632 10 Optional
Introduction to Corporate Finance and Financial Instruments BMAN20242 10 Optional
Metric Spaces MATH20122 10 Optional
Calculus of Several Variables MATH20132 10 Optional
Complex Analysis MATH20142 10 Optional
Algebraic Structures 1 MATH20201 10 Optional
Algebraic Structures 2 MATH20212 10 Optional
Introduction to Geometry MATH20222 10 Optional
Introduction to Logic MATH20302 10 Optional
Fluid Mechanics MATH20502 10 Optional
Classical Mechanics MATH20512 10 Optional
Principles of Mathematical Modelling MATH20522 10 Optional
Numerical Analysis 1 MATH20602 10 Optional
Programming with Python MATH20622 10 Optional
Random Models MATH20712 10 Optional
Foundations of Modern Probability MATH20722 10 Optional
Practical Statistics MATH20812 10 Optional
Discrete Mathematics MATH20902 10 Optional
Introduction to Financial Mathematics MATH20912 10 Optional
Leadership in Action 20 Credit Unit UCIL20020 20 Optional
Leadership in Action Unit UCIL20021 10 Optional
Leadership in Action Unit UCIL20022 10 Optional
Manchester Leadership Programme: Leadership in Action Online Unit UCIL20031 10 Optional
Displaying 10 of 32 course units for year 2

Course content for year 3

Course units for year 3

The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.

TitleCodeCredit ratingMandatory/optional
Statistical Inference MATH38001 10 Mandatory
Time Series Analysis MATH38032 10 Mandatory
Generalised Linear Models MATH38052 10 Mandatory
Regression Analysis MATH38141 10 Mandatory
Actuarial Models 1 MATH39511 10 Mandatory
Actuarial Models 2 MATH39512 10 Mandatory
Contingencies 2 MATH39522 10 Mandatory
Risk Theory MATH39542 10 Mandatory
Financial Derivatives BMAN30091 10 Optional
Financial Engineering BMAN30242 10 Optional
Manchester Sustainable City Project EART20002 10 Optional
Double Project MATH30000 20 Optional
Mathematics Education MATH30002 10 Optional
Project (Semester One) MATH30011 10 Optional
Project (Semester 2) MATH30022 10 Optional
Linear Analysis MATH31001 10 Optional
Fractal Geometry MATH31042 10 Optional
Topology MATH31052 10 Optional
Riemannian Geometry MATH31082 10 Optional
Group Theory MATH32001 10 Optional
Commutative Algebra MATH32011 10 Optional
Coding Theory MATH32032 10 Optional
Hyperbolic Geometry MATH32052 10 Optional
Algebraic Geometry MATH32062 10 Optional
Number Theory MATH32071 10 Optional
Combinatorics and Graph Theory MATH32091 10 Optional
Mathematical Logic MATH33011 10 Optional
Applied Complex Analysis MATH34001 10 Optional
Asymptotic Expansions & Perturbation Methods MATH34011 10 Optional
Green's Functions, Integral Equations and Applications MATH34032 10 Optional
Viscous Fluid Flow MATH35001 10 Optional
Wave Motion MATH35012 10 Optional
Elasticity MATH35021 10 Optional
Mathematical Biology MATH35032 10 Optional
Symmetry in Geometry and Nature MATH35082 10 Optional
Matrix Analysis MATH36001 10 Optional
Numerical Analysis II MATH36022 10 Optional
Problem Solving by Computer MATH36032 10 Optional
Essential Partial Differential Equations MATH36041 10 Optional
Convex Optimization MATH36061 10 Optional
Martingales with Applications to Finance MATH37001 10 Optional
Markov Processes MATH37012 10 Optional
Medical Statistics MATH38072 10 Optional
Multivariate Statistics and Machine Learning MATH38161 10 Optional
Extreme Values and Financial Risk MATH38181 10 Optional
Mathematical Modelling in Finance MATH39032 10 Optional
Tools and Techniques for Enterprise MCEL30001 10 Optional
Tools & Techniques for Enterprise MCEL30002 10 Optional
Interdisciplinary Sustainable Development MCEL30022 10 Optional
Leadership in Action 20 Credit Unit UCIL20020 20 Optional
Leadership in Action Unit UCIL20021 10 Optional
Manchester Leadership Programme: Leadership in Action Online Unit UCIL20031 10 Optional
Displaying 10 of 52 course units for year 3

Scholarships and bursaries

The School of Mathematics offers scholarships for academically excellent students from the UK and around the world; contact the School for more details.

What our students say

You can read some student profiles in our Undergraduate Brochure or on the School of Mathematics website .

Facilities

The School of Mathematics is based in the brand new, purpose built £40 million Alan Turing Building, set at the heart of the University Campus.  Students benefit from extensive facilities for computing and study, relaxation and refreshment, in an attractive, light and comfortable environment.  Computing: The School of Mathematics has a number of computer clusters that run the standard software as well as powerful mathematical and statistical software, such as Matlab, Minitab and Mathematica.  All our students have free access to email and the internet.  Other larger clusters are available in the University libraries and clusters are situated in most Halls of Residence; most student rooms also have Ethernet connection.  Library: You will have access to the John Rylands University Library of Manchester, one of the largest and best-equipped libraries in the UK.  A special section of this library provides a short loan facility, where you can reliably obtain textbooks that are recommended for particular courses and borrow them on an overnight basis.  The School of Mathematics also houses a mathematical library of more advanced books and other material used mainly by research students and staff.

Disability support

Practical support and advice for current students and applicants is available from the Disability Advisory and Support Service. Email: dass@manchester.ac.uk