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If you want to start your career with a year's work experience in hand, then you should consider this course. It combines the rigorous studies of the BSc (Hons) in Mathematical, Statistical and Actuarial Sciences with a year-long work placement in level 4. The work placement gives you experience of working in an organisation in the financial sector. 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 course does not guarantee you a placement. If you are registered on the course and are unable to find a suitable work placement before the end of level 3 then you can transfer to the standard BSc (Hons) in Mathematical, Statistical and Actuarial Sciences degree.
Teaching excellence and student satisfaction
Mathematics at Heriot-Watt is ranked 1st in Scotland and 5th in the UK for overall satisfaction in the National Student Survey 2018*.
*Responses from full-time degree students.
The School is currently in discussion with the Institute and Faculty of Actuaries to secure reaccreditation and exemptions under the new Curriculum 2019 education strategy.
Course contentDetailed course guide
Level 1 has been designed to ease the transition from school to university. Students take courses in calculus and algebra which continue the development of these subjects already studied in school while also taking courses on statistics, economics and finance.
You will continue your study of calculus, algebra, and statistics taking courses in multivariable calculus and real analysis, linear algebra, and probability and statistics. Additionally, you will start to studying actuarial and financial mathematics and numeric analysis.
You will study abstract algebra, ordinary differential equations and statistical modelling. You will also have the opportunity to study a wide range of options including life insurance mathematics, stochastic processes, survival models, vector analysis, complex analysis, numerical analysis and other topics in pure and applied mathematics.
12 month work placement.
All courses are optional in this year and you can choose from life insurance mathematics, pension funds, life office practice, statistics for social science, bayesian inference, risk theory, time series, optimisation, partial differential equations, mathematical biology, functional analysis, geometry, numerical analysis and other topics in pure and applied mathematics.
More in-depth information on the content of the courses listed above, how they are assessed and the learning outcomes can be accessed via our current student portal.
Work and study
This is what our BSc (Hons) students are doing six months after graduating:
- 65% are working
- 20% are studying
- 5% are working and studying.
- 85% of those working are in a professional/managerial position six months after graduating.
- The average salary of students six months after graduating: £25000
- The average UK salary of students six months after graduating from a similar course: £23000
These are the most common jobs students go into six months after graduating:
- Business, research and administrative professionals
- Business and public service associate professionals
- Elementary occupations
- Information technology and telecommunications professionals
- Administrative occupations
- Managers, directors and senior officials
- Sales occupations
- Customer service occupations
- Highers ABBBB including Mathematics at A
- A-Levels ABB including Mathematics at A
- Int. Baccalaureate 28 points with Mathematics at Higher Level 5
- BTEC Extended Diploma (QCF) Level 3 at DDM including sufficient Mathematics
- Advanced Highers ABB including Mathematics at A plus excellent Highers or Scottish Baccalaureate
- A-Levels AAB including Mathematics at A
- Int. Baccalaureate 30 points with Mathematics at Higher Level 6
- BTEC Extended Diploma (QCF) Level 3 at DDD including sufficient Mathematics
- To find out about the difference between the 3 and 4 year honours courses, please watch our video to help you decide which route is best for your qualifications and experience so far.
- Applications from students studying a relevant HNC/HND or recognised Access Programme who possess a suitable grounding or appropriate qualification in Mathematics would be welcomed.
- We also accept the BTEC Subsidiary Diploma (QCF) at D in place of one A-Level, however it cannot replace a subject specific requirement unless relevant.
|Status*||Scotland / EU**||England / Northern Ireland / Wales***||International|
|Fee||Paid by SAAS||£9,250||£14,640|
* Your residency 'status' is usually defined as the country where you have been ordinarily resident for the three years before the start of your course. Find out more about tuition fees.
** European Union countries (not including England, Northern Ireland or Wales).
*** 'Rest of the UK' (RUK) students entering at Level 1 receive a fee waiver of one year's tuition fee. Normally this will be the final year, or a year during which students study abroad (either at a partnership institution, or at one of Heriot-Watt's overseas campuses).
Additional fee information
Students with Scotland or non-UK EU fee status pay £910 for the placement year instead of the standard fees. Students with England, Northern Ireland, Wales or Overseas fee status pay £1300 for the placement year instead of the standard fees.
Scholarships and bursaries
Bursaries for students from England, Northern Ireland or Wales starting undergraduate degree courses in 2018
In addition to government maintenance loans and grants towards the costs of fees and living costs, we are offering generous financial support to attract and support eligible students from England, Northern Ireland or Wales:
View our full range of undergraduate scholarships.