If you want to start your career with a year’s work experience in hand, then you should consider this programme. It combines the rigorous studies of the BSc (Hons) Actuarial Science with a year-long work placement in level 4. Good performance means exemptions from professional examinations (CT1 – CT8) as well as 12 months’ experience of working in an organisation such as a life insurance company, a pension consultancy, an investment management firm or a bank. The Diploma in Industrial Training is gained through successful completion of this work placement. The work placement helps you to develop specific work-related skills, giving you the opportunity to apply and build upon the theory you learn in your studies. It allows you to take on real responsibilities, enhance your interpersonal skills through teamwork and communication and experience workplace culture.
The Diploma is available to all students, including those from overseas, as it does not require a work visa. If you are planning to come to the UK using a student visa you should check the Tier 4 Student Visa Policy Guidance to confirm you are permitted to undertake a work placement as part of your studies. It is your responsibility to find a suitable work placement; acceptance onto the programme does not guarantee you a placement. If you are registered on the programme and are unable to find a suitable work placement before the end of level 3 then you can transfer to the standard BSc (Hons) Actuarial Science degree.
Teaching Excellence and Student Satisfaction
Thirty percent of our teaching staff are qualified actuaries, the others are leading Mathematicians, Financial Mathematicians and Statisticians, who are nationally and internationally recognised for their research. This expertise ensures that what we teach you is current, applicable to the real workplace and current economy. Out National Student Survey results are consistently high for overall student satisfaction.
Results from the latest Destinations of Leavers of Higher Education (DLHE) survey reveal that 85% of our Mathematics and Statistics (including Actuarial Science) graduates are employed with a graduate position and/or undertaking further study. Our graduates go on to work for companies such as Swiss Re, Standard Life, Towers Watson, Lloyds Banking Group, Barclays Capital, Scottish Widows, Ernst & Young and many more. Graduates are employed locally in Edinburgh, London and throughout the world.View Heriot-Watt University, Department of Actuarial Mathematics and Statistics's Website