Entry year
Start date
September 2019
Duration
1 year
Application deadline
January 2019
Campus
Northampton Square
UCAS Code
G320

Overview

Who is it for?

You are a UK or EU student who excels in and enjoys mathematics, especially modelling and probability. You love asking “What if?”.

The skills you gain on the Actuarial Science Foundation  course will kickstart your actuarial career. You can also enter careers in risk management, investment management or financial analysis.

Objectives

The Foundation Year in Actuarial Science aims to provide students with a knowledge of Mathematics, Probability and Statistics, Accounting and Finance, Economics, IT and Computing sufficient to enable them to undertake an undergraduate degree in the area of Actuarial Science. These modules have been carefully designed to include material that they will come across should they successfully proceed onto the BSc Actuarial Science undergraduate degree programme.

In addition to providing students with the essential mathematical and scientific background necessary to progress onto the undergraduate Actuarial Science degree programme, there is an integrated study and communication skills component. This, together with considerable tutorial support, aims to encourage the development of the students' awareness of the learning process, and to foster their intellectual development, so that they achieve a sense of their competence as learners.

Structure

What will I learn?

The Foundation course has been designed to familiarise you with material that you will study in more depth in later years of the Actuarial Science degree programme.

The teaching style on the foundation course is different to that which you will encounter on the rest of the degree. The foundation course will have lower numbers of students than on the main degree programme and there is more continual assessment. This will help you to make the adjustment from the teaching style at most schools and colleges to the university style, which usually requires more self-study.

Unlike the other years of your degree, there is no exam period due to the use of continual assessment which takes the form of in-class tests and take home courseworks, which can be both individual and group based.

Assessment methods

Some assessment is by coursework which you take home and complete with the aid of your notes. For year 0, there will be continual assessment using class tests but no large formal exams.

Percentage of the course assessed by coursework

The approximate percentage of the course assessment, based on 2017/18 entry is as follows:

Year 0

0% written, 17% practical, 83% coursework.

Overall workload

Most contact hours take the form of lectures. A number of tutorials, exercise classes and surgery hours are scheduled during the year. Approximate study time based on 2017/18 entry is as follows:

Year 0

28% scheduled learning, 72% independent learning, 0% placement.

Term dates

Academic year

For a full breakdown of the current and forthcoming academic year view our term dates page.

Timetables

Course timetables are normally available from July and can be accessed from our timetabling pages. These pages also provide timetables for the current academic year, though this information should be viewed as indicative and details may vary from year to year.

View academic timetables

Please note that all academic timetables are subject to change.

Application

How to apply

All applications should be made through UCAS, the Universities and Colleges Admissions Service. Applications are made via Apply, UCAS's online application system.

UCAS Institution code: C60 (Cass Business School and City, University of London)
UCAS Course code: G320

You can find more information at UCAS and in the UCAS Handbook.

Cass Business School works in partnership with INTO City and Kaplan International College London to offer foundation courses for international students.

More information about applying to Cass

Terms and conditions

Students applying to study at Cass Business School are subject to City, University of London's terms and conditions.

Entry requirements

Please note this course is only available to Home and EU students.  For international students who do not meet the entry requirements for year 1 entry we recommend our affiliated foundation course providers INTO City, University of London and KIC London.

A-Level: B (Maths) BB

If you are studying General Studies, Critical Thinking or a native language A-Level, these subjects will not be included in any offer condition.

For A-Level applicants we also require a minimum of grade 5 (C) in GCSE English and grade 6 (B) in GCSE Maths.

Please note this course is not intended for students who have already spent three years completing A-Levels as it is intended as an alternative to a retake year.

IB: 29 points overall (not including bonus points) with 5 in Higher Level Maths.

English language requirements

English language requirements

If your first language is not English, we will require evidence of English language proficiency. Minimum requirements are:

  • GCSE: Grade C or 5
  • IGCSE: Grade C
  • O-Level: Grade C
  • TOEFL: 100 overall with no less than 23 in any sub test
  • A-Level: Grade C
  • IELTS (Academic or UKVI): 6.5 overall with no less than 6.0 in any sub test
  • Pearson Test of English (PTE) Academic: 58 overall with minimum 50 in each component
  • International Baccalaureate: Grade 5 at Higher or Standard level
  • Cambridge English Advanced (also known as Certificate in Advanced English): Grade C (180-192) at CEFR Level C1
  • Cambridge English Proficiency (also known as Certificate of Proficiency in English): Grade C (200-212) at CEFR Level C2
  • Cambridge English First (also known as Certificate of First in English): Grade A (180-190) at CEFR Level C1

Study abroad

Placements

This is an option on the BSc Actuarial Science course, to which you can progress upon completion of the Foundation year.

Fees

UK/EU £6,500 Tuition fees are subject to annual change

UK/EU students

The tuition fee for UK and EU students is £6,500 in 2019/20.

Fees in each subsequent year of study will be subject to an annual increase limited to the Student Fees Inflation Index as determined by the UK Government’s Office for Budget Responsibility. This index is derived from the All Items Retail Prices Index. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study.

Career pathways

The majority of our graduates become actuarial trainees and study for the Institute and Faculty of Actuaries' examinations. Others embark on careers in:

  • Investment banking and investment management
  • accountancy
  • commercial banking
  • insurance
  • financial analysis
  • management
  • computing and teaching.

Recent employers have included EY, Travellers Insurance and Towers Watson. Some students progress to postgraduate study, often on Cass Business School's MSc Actuarial Management.

See what our BSc (Hons) Actuarial Science graduates are doing six months after completion of the course.