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University of East Anglia UEA

Actuarial and Data Science (MMath)

UCAS Code: NI31

Master of Mathematics - MMath

Entry requirements


A level

A,A,B

including Mathematics grade A. Science A Levels must include a pass in the practical element. Critical Thinking and General Studies are not accepted.

Access to HE Diploma

D:36,M:9,P:0

including 12 Level 3 credits in Mathematics at Distinction.

Principal subjects and A-level combinations are considered - please contact us.

International Baccalaureate Diploma Programme

33

including Higher Level 6 in Mathematics.

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

DDD

in IT, Business or a Science based subject alongside A Level Mathematics grade A. excludes BTEC Public Services, BTEC Uniformed Services and BTEC Business Administration.

Scottish Advanced Higher

B,B,C

including grade B in Mathematics.

Scottish Higher

A,A,A,A,A

Only accepted in combination with Scottish Advanced Highers.

UCAS Tariff

136-165

We've calculated how many Ucas points you'll need for this course.

About this course


Course option

4.0years

Full-time | 2021

Subjects

Actuarial science

Data management

**About This Course**

Crossing the road, making a cup of tea, flying on holiday, starting a new business: nearly everything in life encompasses an element of risk. To an Actuary, risk is everything. If you’re strong on mathematics and have an interest in business and economics, are fascinated by world events and not afraid to take an educated gamble, a career in this profession could be ideal.

Our integrated masters in Actuarial & Data Science degree will teach you how to look to the future from a business perspective, assess any likely impact, then put a price on mitigating any risk. Due to our strong links with industry, you’ll have opportunities to put the theory into practice. The fourth year of the programme will allow you to expand your skills beyond that of a standard graduate. You will have the opportunity to increase your computing, communication and business awareness skills to provide the potential for you to be an asset to any potential employer.

**Overview**

If you have a love of mathematics and business but want to work with them in a more applied field, Actuarial Science is a great choice. As well as becoming a professional Actuary, it opens up doors to broader fields including data science and risk management.

Our multidisciplinary Actuarial Science degree course brings together UEA’s Schools of Mathematics, Computing Sciences and Economics, along with the expertise of practising Actuaries.

You’ll develop core skills across mathematics, statistics and finance, and each year you’ll have the option to choose a traditional actuarial module or, if you’re thinking about specialising in data science, you’ll be able focus on developing additional computing skills. Plus, we’ll help you hone the communication and presentation skills essential to any graduate entering the financial sector. Adding a 4th year to your programme will broaden your skillset and expose you to the world of data science which is an exciting growth area for the actuarial profession.

Our strong links with industry mean you’ll have unique opportunities to see theory put into practice and our syllabus includes guest lectures from working professionals, such as the expertise of practising Actuaries from global insurance giant, Aviva. What’s more, you’ll have the opportunity to gain exemptions from the professional examinations set by the Institute & Faculty of Actuaries, so you could graduate one step ahead of your competition.

**Disclaimer**

Course details are subject to change. You should always confirm the details on the provider's website: **www.uea.ac.uk**

Tuition fees

Select where you currently live to see what you'll pay:

Channel Islands
£9,250
per year
England
£9,250
per year
International
£20,200
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

University of East Anglia UEA

Department:

School of Computing Sciences

TEF rating:
Read full university profile

What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

74%
low
Actuarial science

How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Actuarial science

Teaching and learning

64%
Staff make the subject interesting
88%
Staff are good at explaining things
84%
Ideas and concepts are explored in-depth
82%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

78%
Library resources
84%
IT resources
82%
Course specific equipment and facilities
81%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

46%
UK students
54%
International students
64%
Male students
36%
Female students
82%
2:1 or above
3%
Drop out rate

Most popular A-Levels studied (and grade achieved)

A
B
A

Information systems

Sorry, no information to show

This is usually because there were too few respondents in the data we receive to be able to provide results about the subject at this university.


Who studies this subject and how do they get on?

72%
UK students
28%
International students
75%
Male students
25%
Female students
71%
2:1 or above
24%
Drop out rate

Most popular A-Levels studied (and grade achieved)

B
A*
B

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Actuarial science

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£20,000
med
Average annual salary
98%
high
Employed or in further education
79%
high
Employed in a role where degree was essential or beneficial

Top job areas of graduates

41%
Business, research and administrative professionals
27%
Business, finance and related associate professionals
13%
Information technology and telecommunications professionals

Over 2,000 students graduated with a degree in finance in 2015, and a sign of the strength of the finance industry, numbers are on the up. Over half of finance graduates go into the finance industry, with accountancy and financial advice roles particularly popular. It's also quite common for finance graduates to go into jobs which require you to take more training and gain professional qualifications — finance graduates who take further study are more likely to be studying accountancy than finance. About a third of graduates start their careers in London - but Glasgow, Manchester and Birmingham are other popular locations for finance graduates to work.

Information systems

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£24,000
med
Average annual salary
97%
high
Employed or in further education
89%
high
Employed in a role where degree was essential or beneficial

Top job areas of graduates

70%
Information technology and telecommunications professionals
7%
Engineering professionals
4%
Teaching and educational professionals

Information systems courses cover a range of areas, including information design, modelling and the finance industry. How well graduates did made a particular difference in 2015 — computing graduates with good grades were much less likely to be out of work after six months. Most students do get jobs, though, and starting salaries are good — particularly in London, and that’s where over a quarter of graduates started work last year. This is also a good degree to take if you want to follow a technical role in the finance or advertising industry. Many jobs for this degree were found in the larger cities last year and opportunities may be more limited outside those areas.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Actuarial science

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£22k

£22k

£26k

£26k

£31k

£31k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

Data management

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£24k

£24k

£26k

£26k

£30k

£30k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

We calculate a mean rating of all responses to indicate whether this is high, medium or low compared to the same subject area at other universities.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA).

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

Have a question about this info? Learn more here

Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here