COURSE CURRICULUM

The Mathematics and Actuarial Science BSc at the University of Leicester provides a comprehensive and structured pathway for students to develop expertise in both advanced mathematics and actuarial science. In the first year, students build a strong foundation in calculus, linear algebra, probability, statistics, and economic principles, establishing the analytical and quantitative skills essential for actuarial study. The second year focuses on applying mathematical concepts to real-world financial and risk scenarios, covering actuarial modelling, statistical distributions, data science, AI applications, business finance, and professional skills to prepare students for industry expectations. This combination ensures that graduates are technically competent and aware of the practical contexts in which actuarial work operates. In the final year, students engage in advanced topics including survival models, liability modelling, financial engineering, Markov processes, and an actuarial mathematics project, which allows them to integrate and apply their learning in a substantial research context. Optional modules provide opportunities to specialise further, including operational research, investment management, data mining, AI, and FinTech, enabling students to tailor their degree to career goals and interests. Overall, this program equips students with a blend of mathematical sophistication, practical actuarial knowledge, data analysis capabilities, and professional skills, preparing them for successful careers in actuarial science, finance, insurance, and related sectors.