Actuarial Science and Diploma in Industrial Training, BSc (Hons)

Heriot-Watt University is a premier institution for teaching and research in actuarial mathematics, financial mathematics, risk management, probability, and statistics. As the first UK department to offer a BSc in Actuarial Science, it has over 40 years of excellence, with programs fully accredited by the Institute and Faculty of Actuaries (IFoA) and recognized as a Center of Actuarial Excellence by the Society of Actuaries (SOA), the largest global actuarial body and the only such center in Europe.The five-year BSc (Hons) Actuarial Science with Diploma in Industrial Training integrates rigorous studies with a year-long work placement, ideal for those seeking intellectually and financially rewarding careers in maths. Students can gain exemptions from professional exams (CT1-CT8) and develop practical skills through placements in organizations like insurance firms or banks. Open to all, including international students, the program requires self-sourced placements with support from our Careers Service. Options include inter-campus transfers to Malaysia for continued accreditation and participation in the student-led Actuarial Society for networking and professional growth.