Study Actuarial Science

Pursue your love of maths and solving business problems by choosing actuarial science. The Bayes Business School has one of the world’s leading academic actuarial departments, close to London’s financial hub.

An Actuary is someone who calculates and assesses risk enabling you to work in a number of different industry areas. The daily role of an Actuary involves advising businesses and governments across the world on how to manage the complex risks facing society in the 21st century and beyond.

Our Faculty of Actuarial Science and Insurance is one of the leading academic actuarial departments in the world and offers four undergraduate degrees and three postgraduate programmes.

Our Actuarial Science degrees at Bayes Business School of City, University of London are accredited by and can provide exemptions from the Institute and Faculty of Actuaries. Our teaching staff have extensive practical experience from the industry and are well-respected experts in their respective fields.

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Explore our actuarial science courses

Career perspectives

An actuary is someone who calculates and assesses risk. Actuaries are in high demand for their specialist skills, meaning they can earn attractive salaries and enjoy an excellent work/life balance. According to prospects.ac.uk, newly qualified actuaries in insurance companies can earn between £40,000 and £55,000.

Actuaries work in roles across financial services, at insurance companies, large accountancy firms, consultancies, or in government departments. Actuarial science jobs are evolving as related technology and AI improves.

Traditionally, actuaries have worked in areas such as life, healthcare and general insurance, investment banking and management, pensions and financial risk management.

Changes in the world bring new risks and therefore new challenges, and as an actuarial science graduate you can now expect to find roles in non-traditional fields such as business analytics and artificial intelligence.

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What is an actuary?

The role of an actuary applies the principles of mathematics, statistics and probability to real world challenges and situations.

Why study Actuarial Science at City?

Facilities

Located in the heart of London’s vibrant financial district and on the doorstep of Tech City.
The Business school has a 200-seater auditorium that provides the central focus for student learning and major public lectures.
Our three campus libraries consist of around 250,000 books with over 25,000 online journal titles and over 1600 study places available.
Our Business Library primarily supports postgraduate students while undergraduate collections are based at the Northampton Square Library.
As part of the University of London, City students have access to Senate House Library.