About this course
This is the only degree in the UK to combine economics and actuarial science. Actuarial science uses mathematical and statistical methods to assess risk and uncertainty. Actuaries are essential in industries such as insurance and finance. You'll learn to use the Bloomberg trading terminals in your first year, and study with students on the related Mathematics and Actuarial Science degree.
Your A level results will determine which core or compulsory modules you'll need to take.
You'll study core modules in microeconomics, macroeconomics and quantitative methods. Optional modules will let you shape your studies around your interests or career plans. These include international trade, survival models or public economics. You can also choose modules from outside the Economics and Mathematics departments.
You'll study in lectures and small classes. Our facilities include the behavioural economics laboratory and the Financial Laboratory (FinLab). This is a realistic trading room environment using the most detailed financial data available.
As part of this course you can also:
- spend a semester abroad in your third year
- spend a year in employment
- gain vital work experience on our Student Innovation Projects
This BSc Economics and Actuarial Science degree is accredited by the Institute and Faculty of Actuaries (IFoA). You'll be eligible for 6 exemptions from the core principles:
- Actuarial Statistics (CS1 and CS2)
- Actuarial Mathematics (CM1 and CM2)
- Business Finance and Economics (CB1 and CB2)
This is the maximum number of IFoA actuarial exemptions available on any undergraduate programme.
Study Business Analytics in Malaysia
You can also study this course at University of Southampton Malaysia.
We regularly review our courses to ensure and improve quality. This course may be revised as a result of this. Any revision will be balanced against the requirement that the student should receive the educational service expected. Find out why, when, and how we might make changes.
Our courses are regulated in England by the Office for Students (OfS).
Accreditations
Why Study Economics at the University of Southampton?
Hear from our students and academics as they share their experiences of studying Economics at Southampton. Discover how the course blends theory with real-world application, equipping you with the analytical and critical thinking skills needed for a wide range of careers.
Course location
This course is based at Highfield.
Awarding body
This qualification is awarded by the University of Southampton.
Download the Course Description Document
The Course Description Document details your course overview, your course structure and how your course is taught and assessed.
Entry requirements
For Academic Year 2025/26
For Academic Year 2025/26
For Academic Year 2026/27
For Academic year 202526
A-levels
AAA including Mathematics
A-levels additional information
Excluded subjects are General Studies, Use of Maths and Critical Thinking. If you are taking four A levels, you will receive the standard offer as well as an alternative offer of AABB including A in Maths.
A-levels with Extended Project Qualification
If you are taking an EPQ in addition to 3 A levels, you will receive the following offer in addition to the standard A level offer: AAB including grade A in Mathematics plus grade A in the EPQ
A-levels contextual offer
We are committed to ensuring that all applicants with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise an applicant's potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
or
International Baccalaureate Diploma
Pass, with 36 points overall with 18 at Higher Level, including 6 points from Higher Level Mathematics (Analysis and Approaches or Applications and Interpretation)
International Baccalaureate contextual offer
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
International Baccalaureate Career Programme (IBCP) statement
Offers will be made on the individual Diploma Course subject(s) and the career-related study qualification. The CP core will not form part of the offer. Where there is a subject pre-requisite(s), applicants will be required to study the subject(s) at Higher Level in the Diploma course subject and/or take a specified unit in the career-related study qualification. Applicants may also be asked to achieve a specific grade in those elements. Please see the University of Southampton International Baccalaureate Career-Related Programme (IBCP) Statement for further information. Applicants are advised to contact their Faculty Admissions Office for more information.
or
BTEC
RQF BTEC
D in the BTEC National Extended Certificate plus AA from two A levels including Mathematics
DD in the BTEC National Diploma plus A in A level Mathematics
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
Additional information
If you are studying a BTEC Extended or National Extended Diploma (DDD) you will also need an additional A Level in Mathematics (grade A). However, we can accept an Engineering BTEC Extended or National Extended Diploma (DDD) without the additional A Level requirement.
QCF BTEC
D in the BTEC Subsidiary Diploma plus AA from two A levels including Mathematics
DD in the BTEC Diploma plus A in A level Mathematics
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
or
Show more entry requirements
Access to HE Diploma
Irish Leaving Certificate
Scottish Qualification offers
Cambridge Pre-U
Welsh Baccalaureate
T Level
Access to HE Diploma
60 credits with a minimum of 45 credits at Level 3, all of which must be at Distinction
Access to HE additional information
Mathematics must be studied to level 3, A-level standard to be considered.
Access Offer Contextual
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
Irish Leaving Certificate
Irish Leaving Certificate (first awarded 2017)
H1 H1 H2 H2 H2 H2 including Mathematics at H2
Scottish Qualification
Offers will be based on exams being taken at the end of S6. Subjects taken and qualifications achieved in S5 will be reviewed. Careful consideration will be given to an individual’s academic achievement, taking in to account the context and circumstances of their pre-university education.
Please see the University of Southampton’s Curriculum for Excellence Scotland Statement (PDF) for further information. Applicants are advised to contact their Faculty Admissions Office for more information.
Cambridge Pre-U
D3 D3 D3 in three Principal subjects including Mathematics
Cambridge Pre-U additional information
Cambridge Pre-U's can be used in combination with other qualifications such as A Levels to achieve the equivalent of the typical offer
Cambridge Pre-U Offer Contextual
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
Welsh Baccalaureate
AAA from 3 A levels including Mathematics or AA from two A levels including Mathematics and A from the Advanced Welsh Baccalaureate Skills Challenge Certificate
Welsh Baccalaureate contextual offer
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
T-Level
There are no T levels accepted for this programme.
Other requirements
GCSE requirements
Applicants must hold GCSE English language (or GCSE English) (minimum grade 4/C)
Find the equivalent international qualifications for our entry requirements.
English language requirements
If English is not your first language, you must show that you can use English to the level we require. Visit our English language pages to find out which qualifications we accept and how you can meet our requirements.
If you are taking the International English Language Testing System (IELTS), you must get at least the following scores:
IELTS score requirements
- overall score
- 6.5
- reading
- 6.0
- writing
- 6.0
- speaking
- 6.0
- listening
- 6.0
If you do not meet the English language requirements through a test or qualification, you may be able to meet them by completing one of our pre-sessional English programmes before your course starts.
You might meet our criteria in other ways if you do not have the qualifications we need. Find out more about:
- our Ignite your Journey scheme for students living permanently in the UK (including residential summer school, application support and scholarship)
- skills you might have gained through work or other life experiences (otherwise known as recognition of prior learning)
Find out more about our Admissions Policy.
Mature applicants
We welcome applications from learners of all ages. Students who are aged 21 and over at the start of their undergraduate course are defined as mature by the University of Southampton. We take a holistic assessment of the application looking for academic ability and commitment to study. Typical entry requirements, which may vary from discipline to discipline, includes for example, evidence of recent formal academic qualifications or professional qualifications, relevant work experience or volunteering. You may also be invited to attend an interview with an Admissions Tutor. For some degree programmes, there may also be a Professional, Statutory and Regulatory Body (PSRB) requirement. We accept many different academic qualifications. For more information, please contact the Admissions Team.
For Academic year 202627
A-levels
AAA including Mathematics
A-levels additional information
Excluded subjects are General Studies, Use of Maths and Critical Thinking. If you are taking four A levels, you will receive the standard offer as well as an alternative offer of AABB including A in Maths.
A-levels with Extended Project Qualification
If you are taking an EPQ in addition to 3 A levels, you will receive the following offer in addition to the standard A level offer: AAB including grade A in Mathematics plus grade A in the EPQ
A-levels contextual offer
We are committed to ensuring that all applicants with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise an applicant's potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
or
International Baccalaureate Diploma
Pass, with 36 points overall with 18 at Higher Level, including 6 points from Higher Level Mathematics (Analysis and Approaches or Applications and Interpretation)
International Baccalaureate contextual offer
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
International Baccalaureate Career Programme (IBCP) statement
Offers will be made on the individual Diploma Course subject(s) and the career-related study qualification. The CP core will not form part of the offer. Where there is a subject pre-requisite(s), applicants will be required to study the subject(s) at Higher Level in the Diploma course subject and/or take a specified unit in the career-related study qualification. Applicants may also be asked to achieve a specific grade in those elements. Please see the University of Southampton International Baccalaureate Career-Related Programme (IBCP) Statement for further information. Applicants are advised to contact their Faculty Admissions Office for more information.
or
BTEC
RQF BTEC
D in the BTEC National Extended Certificate plus AA from two A levels including Mathematics
DD in the BTEC National Diploma plus A in A level Mathematics
We do not accept BTEC National Extended Diploma unless A level Mathematics is taken alongside this qualification. If it has, the offer is DDD plus A in A level Mathematics
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
Additional information
If you are studying a BTEC Extended or National Extended Diploma (DDD) you will also need an additional A Level in Mathematics (grade A). However, we can accept an Engineering BTEC Extended or National Extended Diploma (DDD) without the additional A Level requirement.
QCF BTEC
D in the BTEC Subsidiary Diploma plus AA from two A levels including Mathematics
DD in the BTEC Diploma plus A in A level Mathematics
We do not accept BTEC Extended Diploma unless A level Mathematics is taken alongside this qualification. If it has, the offer is DDD plus A in A level Mathematics
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
or
Show more entry requirements
Access to HE Diploma
Irish Leaving Certificate
Scottish Qualification offers
Cambridge Pre-U
Welsh Baccalaureate
T Level
Access to HE Diploma
60 credits with a minimum of 45 credits at Level 3, all of which must be at Distinction
Access to HE additional information
Mathematics must be studied to level 3, A-level standard to be considered.
Access Offer Contextual
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
Irish Leaving Certificate
Irish Leaving Certificate (first awarded 2017)
H1 H1 H2 H2 H2 H2 including Mathematics at H2
Scottish Qualification
Offers will be based on exams being taken at the end of S6. Subjects taken and qualifications achieved in S5 will be reviewed. Careful consideration will be given to an individual’s academic achievement, taking in to account the context and circumstances of their pre-university education.
Please see the University of Southampton’s Curriculum for Excellence Scotland Statement (PDF) for further information. Applicants are advised to contact their Faculty Admissions Office for more information.
Cambridge Pre-U
D3 D3 D3 in three Principal subjects including Mathematics
Cambridge Pre-U additional information
Cambridge Pre-U's can be used in combination with other qualifications such as A Levels to achieve the equivalent of the typical offer
Cambridge Pre-U Offer Contextual
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
Welsh Baccalaureate
AAA from 3 A levels including Mathematics or AA from two A levels including Mathematics and A from the Advanced Skills Baccalaureate Wales
Welsh Baccalaureate contextual offer
We are committed to ensuring that all learners with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a learner’s potential to succeed in the context of their background and experience. Applicants who are highlighted in this way will be made an offer which is lower than the typical offer for that programme.
T-Level
There are no T levels accepted for this programme.
Other requirements
GCSE requirements
Applicants must hold GCSE English language (or GCSE English) (minimum grade 4/C)
Find the equivalent international qualifications for our entry requirements.
English language requirements
If English is not your first language, you must show that you can use English to the level we require. Visit our English language pages to find out which qualifications we accept and how you can meet our requirements.
If you are taking the International English Language Testing System (IELTS), you must get at least the following scores:
IELTS score requirements
- overall score
- 6.5
- reading
- 6.0
- writing
- 6.0
- speaking
- 6.0
- listening
- 6.0
If you do not meet the English language requirements through a test or qualification, you may be able to meet them by completing one of our pre-sessional English programmes before your course starts.
You might meet our criteria in other ways if you do not have the qualifications we need. Find out more about:
- our Ignite your Journey scheme for students living permanently in the UK (including residential summer school, application support and scholarship)
- skills you might have gained through work or other life experiences (otherwise known as recognition of prior learning)
Find out more about our Admissions Policy.
Mature applicants
We welcome applications from learners of all ages. Students who are aged 21 and over at the start of their undergraduate course are defined as mature by the University of Southampton. We take a holistic assessment of the application looking for academic ability and commitment to study. Typical entry requirements, which may vary from discipline to discipline, includes for example, evidence of recent formal academic qualifications or professional qualifications, relevant work experience or volunteering. You may also be invited to attend an interview with an Admissions Tutor. For some degree programmes, there may also be a Professional, Statutory and Regulatory Body (PSRB) requirement. We accept many different academic qualifications. For more information, please contact the Admissions Team.
Got a question?
Please contact our enquiries team if you're not sure that you have the right experience or qualifications to get onto this course.
Email: enquiries@southampton.ac.uk
Tel: +44(0)23 8059 5000
Course structure
Each year is made up of core, compulsory and optional modules. In years 1 and 2, you'll study the broad themes of economics, statistics and demography. You'll also take specialised actuarial modules. Your modules in year 1 will depend on whether you studied economics at A level.
You'll also be able to broaden your experience beyond economics and actuarial science by selecting:
You do not need to choose your modules when you apply. Your academic tutor will help you to customise your course.
Year 1 overview
Core modules will give you a foundation in mathematical and statistical techniques, such as:
- optimisation
- probability
- hypothesis testing
- quantitative modelling
You’ll also study macroeconomics to learn about measures of GDP, inflation and unemployment, and concepts used in microeconomics.
Year 2 overview
You’ll deepen your understanding in economics by taking compulsory modules in macroeconomics and microeconomics. You’ll also learn about econometric theory and 'big data', and financial mathematics.
You’ll choose one further module to complement your studies, with options including:
- development economics
- games
- stochastic processes
Year 3 overview
You can choose to write a dissertation in an economics or demography topic of your choice. This is an opportunity to show that you can use relevant arguments and techniques, then apply them to your research.
You'll take further compulsory modules in macroeconomics or the principles of finance. Optional modules include:
- international trade
- choice and decision
- survival models
Want more detail? See all the modules in the course.
Modules
The modules outlined provide examples of what you can expect to learn on this degree course based on recent academic teaching. As a research-led University, we undertake a continuous review of our course to ensure quality enhancement and to manage our resources. The precise modules available to you in future years may vary depending on staff availability and research interests, new topics of study, timetabling and student demand. Find out why, when and how we might make changes.
For entry in academic year 2025 to 2026
Year 1 modules
You must study the following modules in year 1:
Economics Skills and Employability 1
The aim of this module is to equip you with some analytical and professional skills that will be useful in your economics degree and future careers. The module will also provide information about employability opportunities in your discipline, such as int...
Economics with Data
This module gives an introduction into economic policy analysis that is based on empirical data. A range of economic policy questions covering different areas of economics will be presented. Policy recommendations will be derived using analytical economic...
Economics with Experiments
This module will familiarise students with some fundamental insights and principles in economics through participating, analysing and discussing experiments and it will introduce students to experimental methods as used in economics. This is done by using...
Linear Algebra I
Linear maps on vector spaces are the basis for a large area of mathematics, in particular linear equations and linear differential equations, which form the basic language of the physical sciences. This module restricts itself to the vector space R^n to ...
Mathematics for Economics
This module provides a bridge between A-level mathematics and university mathematics. It provides a good grounding and an in depth understanding of the theory and application of differential calculus, and other techniques widely used in Economics and Fina...
Principles of Macroeconomics
This module provides an introduction to macroeconomics – the study of the economy as a whole. Combined with Foundations/Principles of Microeconomics this module will provide an appropriate foundation for subsequent economic modules. We begin by discus...
Quantitative Modelling in Economics
The module will provide an opportunity for students to use A-level mathematical skills in studying Economics, Econometrics, Actuarial Science, and Management Sciences throughout their degrees. Pre-requisite for ECON2041 One of the pre-requisites for...
Statistics for Economics
All economics students, on both single and joint honours programmes, take this course. It is optional for students outside of economics. The module is designed to prepare students for the econometrics modules taken in second and third year. It also comple...
You must also choose from the following modules in year 1:
Foundations of Microeconomics
This module will provide an introduction to microeconomic analysis, the detailed analysis of individuals and groups within the economy. Combined with Principles of Macroeconomics this module will provide an appropriate foundation for subsequent economic m...
Principles of Microeconomics
This module will provide an introduction to microeconomic analysis, the detailed analysis of individuals and groups within the economy. Combined with Principles of Macroeconomics this module will provide an appropriate foundation for subsequent economic m...
Year 2 modules
You must study the following modules in year 2:
ECON Dissertation: Prelim Info
This is a blended learning module to provide students with the basic tools and information necessary to embark in their third year dissertation modules.
Econometric Theory
The module will familiarise students with the parts of statistical distribution theory and statistical inference that are essential to a full understanding of econometrics and applied statistics. It will give student a thorough introduction to the theoret...
Econometrics with Big Data
The module will proceed from a review of known content (like matrix algebra, linear regression, hypothesis testing) to more advanced topics such as multiple linear regression, heteroscedasticity, restrictions in hypothesis testing, issues of model misspec...
Economics Skills and Employability 2
The aim of this module is to equip you with some analytical and professional skills that will be useful in your economics degree and future careers. The module will also provide information about employability opportunities in your discipline, such as int...
Financial Mathematics
This module provides a solid mathematical introduction to the subject of Compound Interest Theory and its application to the analysis of a wide variety of complex financial problems, including those associated with mortgage and commercial loans, the valua...
Intermediate Macroeconomics
This module will equip students with the central concepts of macroeconomics, building on the foundations laid in ECON1021 Principles of Macroeconomics. Students will gain a clear understanding of the equilibrium behaviour of economies at the macro level. ...
Intermediate Microeconomics
This module will familiarise students with the central concepts of microeconomics, building on the foundations laid in ECON1001/ECON1003. Students will gain a clear understanding of the role of the price mechanism in organising economic activity and of ch...
You must also choose from the following modules in year 2:
Accounting and Finance for Non-Specialists
The module is designed to provide an introduction to financial accounting, corporate finance and financial management of organisations. This module is intended for students from any academic discipline who have an interest in accounting and finance as an ...
Applied Econometrics
The module will enable you to apply statistical and econometric techniques to the estimation and testing of economic models and for causal inference. It will thereby provide you with the skills necessary both to undertake your own empirical studies and to...
Development Economics
The module will introduce students to the economics of development.
Dynamic Macroeconomics
The aims of the module are to develop a simple dynamic framework in order to: (b) give microeconomic foundation to macroeconomic analysis, (a) learn to approach macroeconomic problems from a general equilibrium perspective, (c) enable students to eva...
Games
This module gives a comprehensive overview of the modelling of strategic behaviour in modern microeconomics, building on the foundations laid in Intermediate Microeconomics. It will familiarise students with the central concepts in game theory, covering c...
Industrial Economics
In this module we study the working of imperfectly competitive markets, the behaviour of firms in these markets, welfare implications and competition policy.
Stochastic Processes
The module will introduce the basic ideas in modelling, solving and simulating stochastic processes.
Year 3 modules
You must study the following module in year 3:
You must also choose from the following modules in year 3:
Actuarial Mathematics I
This subject arises through a fusion of compound interest theory with probability theory, and provides the mathematical framework necessary for analysing such contracts, which are essentially long term financial transactions in which the various cash flow...
Actuarial Mathematics II
Synopsis: The module extends the mathematical framework developed in MATH3063 in order to enable modelling of long term financial transactions where the various cash flows are contingent on the death or survival of several lives, or where there are sever...
Choice and Decision
This module familiarises students with central concepts and findings in decision theory. It will explore in detail how decisions should be made, introducing normative benchmarks such as rationality and consistency, and will present how decisions are made,...
Computational Economics
This module will familiarise students with various computational methods and software tools used in economics and econometrics. Topics include programming, numerical simulation and optimisation, data processing and estimation. The module will provide stud...
Dissertation: Literature Review
This module forms the first part of a dissertation in Economics. You will undertake a substantive piece of independent work in composing a literature review on your chosen research topic. You will motivate the research topic, survey and review the relevan...
Dissertation: Research Project
This module forms the second part of a dissertation in Economics. You will undertake a substantive piece of independent work in form of composing a piece of economic research on your chosen topic. This is designed to demonstrate your ability to manage you...
Dissertation: Research Topics
This module forms the second part of a dissertation in Economics. You will undertake a substantive piece of independent work in form of composing two reports addressing specific economic questions. This is designed to demonstrate your ability to manage yo...
International Macroeconomics
This module provides a short course in international macroeconomics. We begin by studying exchange rates before turning to wider issues in international macro, such as the costs and benefits of participation in global capital markets; sovereign debt and c...
International Trade
This module explores key questions in the area of international trade. Should countries trade freely with each other? What are the gains/losses from free trade and are they distributed evenly within the population? What are free trade agreements and what ...
Labour Economics
The module will introduce students to key theories in the analysis of labour markets and to develop knowledge of the relevant institutional framework. The module aims to relate both theory and evidence to key policy issues.
Mathematical Finance
Following an initial discussion of the assessment and measurement of investment risk, mean-variance portfolio theory is introduced and used to determine the risk and return for a portfolio of risky assets, the composition of the optimal such portfolio, an...
Principles of Finance
The module aims to provide a bridge to the more theoretical articles in finance theory, by offering a simple framework of conceptual knowledge that enables thinking while making financial decisions. As such the module gives an appreciation of the scope of...
Project/Dissertation
The BSc dissertation project is designed to allow students to do an in-depth study of an area in demography that they are particularly interested in, and to enable them to demonstrate skills and knowledge acquired throughout their undergraduate career. P...
Public Economics
The objectives of this module are to introduce students to the major themes of public economics and to develop their skills in using microeconomic tools to analyse public policy.
Statistical Methods in Insurance
Survival Models
This module introduces some of the fundamental ideas and issues of lifetime and time-to-event data analysis, as used in actuarial practice, biomedical research and demography.
Topics in Macroeconomics
The main objective of this module is to expose students to the state-of-the-art discussion in a range of macroeconomic topics: growth, unemployment, taxation, and monetary policy. The approach is to study a simplified version of some widely used models in...
Learning and assessment
The learning activities for this course include the following:
- lectures
- classes and tutorials
- coursework
- individual and group projects
- independent learning (studying on your own)
Course time
How you'll spend your course time:
Year 1
Study time
Your scheduled learning, teaching and independent study for year 1:
21%
Scheduled learning & teaching
79%
Independent learning
How we'll assess you
- coursework, laboratory reports and essays
- dissertations
- essays
- group essays
- individual and group projects
- oral presentations
- self-assessment
- teamwork
- written exams
Your assessment breakdown
Year 1:
69%
Written exam
29%
Coursework
2%
Practical exam
Year 2
Study time
Your scheduled learning, teaching and independent study for year 2:
22%
Scheduled learning & teaching
78%
Independent learning
How we'll assess you
- coursework, laboratory reports and essays
- dissertations
- essays
- group essays
- individual and group projects
- oral presentations
- self-assessment
- teamwork
- written exams
Your assessment breakdown
Year 2:
72%
Written exam
28%
Coursework
Year 3
Study time
Your scheduled learning, teaching and independent study for year 3:
20%
Scheduled learning & teaching
80%
Independent learning
How we'll assess you
- coursework, laboratory reports and essays
- dissertations
- essays
- group essays
- individual and group projects
- oral presentations
- self-assessment
- teamwork
- written exams
Your assessment breakdown
Year 3:
61%
Written exam
39%
Coursework
Academic support
You’ll be supported by a personal academic tutor and have access to a senior tutor.
Course leader
Daniel Cernin is the course leader.
Careers and employability
Employability skills
This degree will allow you to develop and evidence subject-specific and targeted employability skills. This includes the required skill set for a range of future careers, further study, or starting your own business.
The skills you can expect to focus on and gain from this course include:
- Research
- Critical thinking
- Teamwork
- EDI leadership
- Problem solving
The employability and enterprise skills you'll gain from this course are reflected in the Southampton skills model. When you join us you'll be able to use our skills model to track, plan, and benefit your career development and progress.
Download skills overview
Career pathways
Graduates commonly work in a range of organisations or sectors including:
Central Government,
Private finance and equity firms,
Bank of England,
accountancy firms,
banks (high street and city),
charitable and not-for-profit organisations,
Consultancies,
insurance companies,
Government departments,
Think Tanks,
non-government organisations (NGOs).
Careers directly related to this course:
- Actuary
- Compliance officer
- Data analyst
- Economist
- Financial manager
- Financial risk analyst
- Investment analyst
- Political risk analyst
- Statistician
- Tax adviser
Wider career opportunities:
- Business development manager
- Data scientist
- Diplomatic service officer
- Local government officer
- Management consultant
- Policy officer
- Procurement manager
- Quantity surveyor
- Risk manager
Example job titles of Southampton BSc in Economics and Actuarial Science graduates*:
- Actuarial associate
- Data management analyst
- Investment actuarial trainee
- Financial analyst
- Associate auditor
- Internal auditor
- Management consultant
- Financial analyst
- Audit assistant
- Investment analyst
Job prospects for BSc in Economics and Actuarial Science graduates
£36k
Average professional salary
92%
In a skilled profession or further study
96%
Graduate employment rate
Source
*Example graduate job titles and job prospect statistics taken from The Graduate Outcomes Survey, which gathers information about the activities and perspectives of graduates 15 months after finishing their course.
Year in employment
You can apply for a year in employment placement on this course. This is a great way to improve your employability and confidence in your career prospects. Recommended by 100% of students who've taken part, you can apply for a UK or global placement in any sector.
Careers services and support
We are a top 20 UK university for employability (QS Graduate Employability Rankings 2022). Our Careers, Employability and Student Enterprise team will support you. This support includes:
- work experience schemes
- CV and interview skills and workshops
- networking events
- careers fairs attended by top employers
- a wealth of volunteering opportunities
- study abroad and summer school opportunities
We have a vibrant entrepreneurship culture and our dedicated start-up supporter, Futureworlds, is open to every student.
Your career ideas and graduate job opportunities may change while you're at university. So it is important to take time to regularly reflect on your goals, speak to people in industry and seek advice and up-to-date information from Careers, Employability and Student Enterprise professionals at the University.
Fees, costs and funding
Tuition fees
Fees for a year's study:
- UK students pay £9,535.
- EU and international students pay £24,200.
What your fees pay for
Your tuition fees pay for the full cost of tuition and standard exams.
Find out how to:
Accommodation and living costs, such as travel and food, are not included in your tuition fees. There may also be extra costs for retake and professional exams.
Explore:
Bursaries, scholarships and other funding
If you're a UK or EU student and your household income is under £36,200 a year, you may be able to get a University of Southampton bursary to help with your living costs. Find out about bursaries and other funding we offer at Southampton.
If you're a care leaver or estranged from your parents, you may be able to get a specific bursary.
Get in touch for advice about student money matters.
Scholarships and grants
You may be able to get a scholarship or grant to help fund your studies.
We award scholarships and grants for travel, academic excellence, or to students from under-represented backgrounds.
Support during your course
The Student Hub offers support and advice on money to students. You may be able to access our Student Support fund and other sources of financial support during your course.
Funding for EU and international students
Find out about funding you could get as an international student.
How to apply
What happens after you apply?
We will assess your application on the strength of your:
- predicted grades
- academic achievements
- personal statement
- academic reference
We'll aim to process your application within 2 to 6 weeks, but this will depend on when it is submitted. Applications submitted in January, particularly near to the UCAS equal consideration deadline, might take substantially longer to be processed due to the high volume received at that time.
Equality and diversity
We treat and select everyone in line with our Equality and Diversity Statement.
Got a question?
Please contact our enquiries team if you're not sure that you have the right experience or qualifications to get onto this course.
Email: enquiries@southampton.ac.uk
Tel: +44(0)23 8059 5000
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Economics and Actuarial Science (BSc) is a course in the Economics subject area. Here are some other courses within this subject area:
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