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This is the only degree in the UK to combine economics and actuarial science. Actuarial science uses mathematical and statistical methods to assess risk and uncertainty. Actuaries are essential in industries such as insurance and finance. You'll learn to use the Bloomberg trading terminals in your first year, and study with students on the related Mathematics and Actuarial Science degree.
Your A level results will determine which core or compulsory modules you'll need to take.
You'll study core modules in microeconomics, macroeconomics and quantitative methods. Optional modules will let you shape your studies around your interests or career plans. These include international trade, survival models or public economics. You can also choose modules from outside the Economics and Mathematics departments.
You'll study in lectures and small classes. Our facilities include the behavioural economics laboratory and the Financial Laboratory (FinLab). This is a realistic trading room environment using the most detailed financial data available.
As part of this course you can also:
spend a semester abroad in your third year
spend a year in employment
gain vital work experience on our Student Innovation Projects
This BSc Economics and Actuarial Science degree is accredited by the Institute and Faculty of Actuaries (IFoA). You'll be eligible for 6 exemptions from the core principles:
Actuarial Statistics (CS1 and CS2)
Actuarial Mathematics (CM1 and CM2)
Business Finance and Economics (CB1 and CB2)
This is the maximum number of IFoA actuarial exemptions available on any undergraduate programme.
Entry requirements
Pass, with 34 points overall with 17 points at Higher Level
English language requirements
The University of Southampton accepts the following UKVI secure English Language Tests:
Indian Standard XII in English Language (CBSE and ISC Boards)
Grade: 70% or above
IELTS score requirements: overall score 6.5
University Type | Research |
Tuition fees for Undergraduate Programs | 18,520- 24,950 GBP |
Tuition fees for Postgraduate Programs | 16,150 - 26,850 |
Year of Establishment | 1862 |
Exams accepted | TOEFL,IELTS, PTE, |
No. of Campus | 7 |
Types of course offered | Undergraduate, Postgraduate, Foundation Year and Pre-sessional English language courses |
Official website | https://www.southampton.ac.uk |
For international candidates aspiring to study in the UK, it is mandatory to have an estimate of the cost of living at the university on-campus/ off-campus. The list of basic expenses to be considered for applying for admission at the institute is as detailed below.
Particulars | Estimated Costs (in GBP) |
---|---|
Tuition Fees for Undergraduate Programs | 18,520- 24,950 |
Tuition Fees for PG Taught Courses | 16,150 - 26,850 |
Tuition Fees for PG Research | 17,592 - 24,400 |
Accommodation | 540 |
Mobile phone and internet | 27 |
Transport (train and taxi) | 80 |
Food shopping | 74 |
Takeaways and snacks & Beverage | 33 |
Interests and hobbies | 46 |
Clothing | 42 |
Personal care | 12 |
Holidays and flights | 90 |
Bank charges and fees | 30 |
Other expenses | 21 |
Average monthly expenses | 1010 |
Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
Cost of Student Visa in USA | USD 160 |
Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |