BSc (Hons) Mathematical, Statistical and Actuarial Sciences and Diploma in Industrial Training

The course

UCAS code
G3N3
Duration
4 years
Location
Edinburgh
Delivery type
Full-time

Contact

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Overview

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.

Global College pathway for this degree

If you do not meet the entry requirements for this degree, have a look at Heriot-Watt Global College, where you can follow an accelerated pathway which will get you onto the second year of this degree.

Accreditation

This degree offers the opportunity to gain exemptions from Core Principles subjects of the Institute and Faculty of Actuaries Curriculum 2019 professional exams

Course content

Year 1

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.

Year 2

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.

Year 3

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.

Year 4

12 month work placement.

Year 5

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.

Discover Uni course data

Discover Uni provides data on each university's degree courses across a range of measures including student satisfaction, graduate jobs and salaries.

Employability

Salary

  • The average salary of students 15 months after graduating: £26000
  • The average UK salary of students 15 months after graduating from a similar course: £27000

Jobs

These are the most common high skilled jobs students go into 15 months after graduating:

  • Business, Research and Administrative professionals
  • Finance professionals

Entry requirements

Year 1

Standard entry requirements

  • Highers ABBBB (including Mathematics at A)
  • A-Levels BBB - ABB (including Mathematics at B)
  • Int. Baccalaureate 28 points (with Mathematics at Higher Level 5)
  • BTEC DDM (including sufficient Mathematics)

Minimum entry requirements*

  • Highers BBBC (including Mathematics at B)
  • A-Levels BBC (including Mathematics at B)

* Minimum: under our Fair Access Policy, we will relax our standard entry requirements for some Scottish students depending on their circumstances. Our minimum requirements will apply if you:

  • live in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20), or
  • are care experienced.

We can also make exceptions for some Scottish students with grades above minimum but below standard. Read more about our Minimum and standard entry requirements

Year 2

Additional information

English language requirements

  • If English is not your first language, you have to show that your English is good enough to succeed on your course. Please see our English language requirements.

Fees

Tuition fees for 2022 entry
Status* Scotland England / Wales / N Ireland / Rep of Ireland International**
Fee Paid by SAAS £9,250 £16,000

* 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.

** 'International' includes applicants from European Union countries who do not hold Pre-Settled or Settled status in UK. (This does not include students from the Republic of Ireland - see above). Read more about the application process for EU nationals.

Additional costs

You may incur additional costs in the course of your studies at Heriot-Watt over and above tuition fees in an academic year. Depending on your programme of study, these may include: protective equipment, field trips, professional memberships, studio fees, required course texts or other study resources.

Placement Year fees

Students with Scotland 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

Featured scholarships

Bursaries for students from England, Northern Ireland or Wales

In addition to government loans and grants towards the costs of fees and living costs, we are offering generous financial support to attract and support eligible undergraduate students from England, Northern Ireland or Wales:

  • Heriot-Watt University Bursary (up to £3,100 per year)
View details about the Heriot-Watt University Bursary

View our full range of undergraduate scholarships.