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Bachelor of Science (Hons) in Actuarial Science and Diploma in Industrial Training

Heriot-Watt University - Edinburgh Campus

UK,Scotland

0 Shortlist

60 Months

Duration

CAD 25,008/year

Tuition Fee

CAD 0 FREE

Application Fee

Sep 2025

Apply Date

UK, Scotland

Type: University

Location Type: Urban

Founded: 1966

Total Students: 31,000 +

Int. Students: 6,200 +

Campus Detail

Main Campus Address

Campus The Avenue, Edinburgh EH14 4AS

Overview
Key Facts
Fees & Funding
Admission Requirements
Scholarships
Student Visa
Work Permit

Bachelor of Science (Hons) in Actuarial Science and Diploma in Industrial Training

Program Overview

If you love maths and want to accelerate your Actuarial career with a year's work experience in hand, this is the programme for you. It combines the rigorous studies of the BSc Actuarial Science with a year-long work placement in your fourth year.

Actuarial work is seen as one of the most satisfying careers in the UK, owing to its intellectually stimulating nature, lucrative pay, schedule flexibility, and excellent job prospects. Actuaries enjoy applying their advanced quantitative skills to solve complex business problems involving risk analysis, in traditional areas of insurance and pensions and as well as exciting new opportunities such as health, technology, banking, finance and climate change.

With 30% of our lecturers being qualified actuaries, you'll gain up-to-the-minute industry knowledge and skills applicable to the real working world and current economic climate. The work placement then gives you experience of working in an organisation such as a life insurance company, a pension consultancy, an investment management firm or a bank.

The Diploma in Industrial Training is gained through successful completion of this work placement. You will develop real world knowledge, 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. With support from the HW Career’s Service, you will be responsible 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 Actuarial Science degree. Organisations recently involved with the placement programme include Deloitte, Allianz, Royal London, Athora, Aon and XPS Group.

Our programmes are designed with flexibility in mind, so if you fancy a change of direction you can transfer to a range of other mathematical, statistical or actuarial programmes during the first two years.

Detailed Program Facts

Program Level

Bachelor's Degree

Application Processing Days

7 Days

Program Intensity

Full-Time

Duration of Program

60 Months

Program Co-op Duration

12 Months

Program Intakes

Intake Month/Year		Intake Status
sep 2025		Open

Application Fee

Application Fee: CAD 0 FREE

Tuition Fee

CAD 25,008 per year

*Note: The fee is approximate and is subject to change

Living Cost in Heriot-Watt University - Edinburgh Campus

CAD 10,224 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

IELTS
- Minimum Overall Score - 6.5 - 6 - With No Band Less Than

Minimum Level of Education Required: To be accepted for this program, students must have Standard XII Higher Secondary Certificate or equivalent including the following required course(s):
- Subject Maths with 80 required

Minimum CGPA Required: 75.00 %

Additional Information

Scholarships

We are pleased to announce that we are offering scholarships on a first-come, first-served basis. Second Round of Scholarship Deadline - 31 March 2025 - Heriot Watt University, UK Campus

Flexible Payment Option: Students can opt for partial deposit of £1000 before the deadline and reserve their seat and scholarship for the intake, pay balance deposit of £3000 to obtain the CAS

English Language Test Results: Students with ELT conditions are encouraged to share their test details for us to update their records

Please note, these scholarships are strictly on first come first serve basis

Scholarships

We currently have limited scholarships available for September 2025 intake strictly on first come first serve basis:

UG Scholarship Value (2)	PG Scholarship Value (3)
£3000	£2000
£4000	£4000
NA	£6000

Please note, the third round of academic scholarship deadline is 15 April 2025. We request you to communicate this information to the prospective students & offer holders who may be interested in the intake.

This program offers a 4,000 scholarship for the September 2025 intake.

Work Permit

PGWP

There are various options through which a student can get a post study work visa in the UK.
Tier 1 Graduate Entrepreneur Visa for the graduates with a genuine and credible business idea.
Tier 2 (General) is the leading immigration visa to work in the UK.
Tier 4 Doctorate Extension Scheme is for students who have completed their Ph.D. and is valid for 12 months for them to work, look for work or set up a business.
Tier 5 Youth Mobility is for individuals of certain countries like Australia, Canada, Japan, Monaco, Hong Kong, South Korea, Taiwan, and New Zealand aged between 18 -30 who wish to move to the UK.
Tier 5 GAE is for individuals who want to come to the UK for work experience, training, research or a fellowship.
UK Ancestry is for individuals who are a citizen of a commonwealth and plan to work in the UK and have a grandparent who was born in the UK.