The actuarial profession involves the application of mathematics by probability and statistics tools to analyse risk for future uncertainty.
UK degrees are three years long whereas in China they are four, therefore we do accept students with certain qualifications directly into Year Two, which is the start of the main academic programme. Most students, however, enter into Year One, which provides you with a range of interesting modules, language classes and core skills for your degree.
Graduates are usually employed as actuaries. They work for the insurance industry to calculate costs and determine the premiums. Actuaries also work for banks to develop derivative products, manage risk and forecast the future. Actuaries provide services for governments and oversee public companies to ensure compliance with regulatory laws.
In recent years, there has been an increasing trend to recognise actuarial skills that can be applied to a range of roles outside the traditional fields of insurance, such as agriculture and weather forecasting.
Entry into Year One
We welcome applications from high-quality candidates in all subjects with appropriate high school or equivalent qualifications. Students will normally be expected to have a high standing in their high school performance with a minimum ‘B’ average in all subjects as well as relevant subjects.
Entry into Year Two
Students who have completed A-levels or International Baccalaureate (or equivalent) will be considered for entry into Year Two, different programmes have different subject-relevant requirements.
- A-level: BBB
- IB Diploma: 30 points
- Advanced Placement Tests/Subject SATS--High school diploma with a GPA of 3.0 or above, plus:
- Redesigned SAT: 1280+ (students that took the SATs previous to 2016 will require 1800+) or ACT: 27, and 2 AP examinations: 4+ or 2 SAT subject tests: 600+ or