📖Introduction

Xi’an Jiaotong – Liverpool University (XJTLU) is a new international university jointly founded by Xi’an Jiaotong University China and the University of Liverpool UK as a joint venture. As an independent Sino-Foreign cooperative university, it captures the essence of both prestigious parent universities and is the first and only one of its kind approved by the Ministry of Education in China.

The University offers undergraduate degree programmes in the fields of science, engineering and management, and awards both its own Chinese degree and a degree from the University of Liverpool.

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📚About the Program

Bachelor’s in Actuarial Science at Xi’an Jiaotong-Liverpool University (XJTLU)

Overview

• Actuaries possess unique mathematical, analytical, communication and management skills for many high-level strategic decisions with a significant impact on legislation, businesses and peoples’ lives. They are active not only in insurance, but also in finance and investment.

The BSc Actuarial Science will pave you a way to an actuary, whose daily routine includes: investigating financial accounts, analysing risks, designing actuarial models, and cooperating with other professions. This programme covers a series of modules of Core Principles from the Institute and Faculty of Actuaries (IFoA) UK, and has acquired several exemptions from various international actuarial societies, e.g, SoA, IFoA (CS1, CM1 & CM2).

On completion, you will be a multi-faceted and highly employable graduate. With the skills acquired, you will be highly valued in the insurance industry, as well as many other fields that call for an advanced mathematics degree and problem-solving ability.

Why should I study Actuarial Science at XJTLU?

  • • The actuarial profession is both challenging and hugely rewarding. Financially and statistically trained actuaries are highly in-demand in the insurance industry as well as in a wide range of other profit and non-profit sectors.
  • • Earn two BSc titles: an XJTLU degree from the Chinese Ministry of Education and a globally recognised degree from the University of Liverpool, a member of the Russell Group of leading UK universities.
  • • The BSc Actuarial Science is accredited by various actuarial societies, including the Institute and Faculty of Actuaries (IFoA), UK as well as the VEE and UCAP from the Society of Actuaries (SOA), North America.
  • • Profit from the research-led teaching environment at XJTLU, located in Suzhou, close to China’s financial center Shanghai, with opportunities to undertake internships and work placements at Fortune 500 companies.
  • • Access to a variety of resources from academic and professional platforms, including Intelligent Computing and Financial Technology Laboratory (ICFT), Research Institute of FinTech (RIFT) and University Library for Statistics and Actuarial Science.
  • • Powerful support of professional advice and up-to-date actuarial development from our professional team with members affiliated to IFoA, SoA, CAS and ACCA and other actuarial societies.

Knowledge and skills

• “We have a professional team with members, full of working experience, affiliated to IFoA, SOA, CAS and ACCA and other actuarial societies. We are dedicated to support actuarial students with advice and up-to-date actuarial news through classes, academic and social events, student and employer events.”

• The BSc Actuarial Science will equip you with knowledge and understanding of the concepts, theories and models of actuarial science, through a series of modules including calculus, algebra, probability theory and statistics, business economics, accounting and corporate finance.

• The skills you gain on the Actuarial Science undergraduate course will kickstart your actuarial career. These skills include

  • ​​​​​​​• Critical thinking and analysis
  • ​​​​​​​• Problem solving
  • ​​​​​​​• Numeracy and data analysis
  • ​​​​​​​• Mathematical reasoning
  • ​​​​​​​• Communication, presentation and reporting to specialist and non-specialist audiences
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📖Program Curriculum

Year One:
Xi’an Jiaotong-Liverpool University offers a wide range of courses in the first year, including English for academic purposes (EAP), mathematics and physics, and humanities and social sciences. Click to learn more.

Year Two:
Core Modules
Introduction to Financial Accounting
Principles of Microeconomics
Principles of Macroeconomics
Introduction to Finance
Introduction to Probability and Statistics
Differential Equations With Computer Solutions
Theory of Interest

Optional Modules
Advanced Linear Algebra
Analysis 1

Year Two:
Core Modules
Introduction to Financial Mathematics
Introduction to Statistical Methods
Statistical Distribution Theory
Life Insurance Mathematics II
Life Insurance Mathematics I
Mathematical Risk Theory

Optional Modules
Financial Reporting I
Econometrics I
Macroeconomics I
Macroeconomics II
Intermediate Macroeconomics
Debt securities, equity and derivatives

Year Four:
Core Modules
Core Modules
Final Year Project
Applied Probability
Linear Statistical Models
Credibility Theory
Stochastic Modeling in Insurance and Finance
Loss Distribution

Optional Modules
International Trade
Econometrics of Time Series

For the latest information regarding programmes, please refer to the official XJTLU website.

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🏫About Xi’an Jiaotong-Liverpool University (XJTLU)

Why Choose XJTLU?

  • Two Degrees: 1 from the University of Liverpool & 1 from Xi'an Jiaotong-Liverpool University (Bachelor's students)
  • The University of Liverpool degree (Master's and PhD students)
  • All degree courses are taught 100% in English.
  • No knowledge of the Chinese language is required to apply to XJTLU.
  • Learn free of charge Chinese alongside your course.
  • A friendly international community.
  • International Opportunities: "2+2" study route to the University of Liverpool, UK for undergraduate students (more than 3,500 XJTLU students are now studying at the University of Liverpool, UK through "2+2")
  • International Opportunities: Wide range of study abroad opportunities in partner institutions in Canada, Germany, the Netherlands, Italy, the UK, the USA, South Korea, Russia, etc.
  • International Opportunities: Partnerships with multinational companies in the likes of HSBC, Standard Chartered, Siemens, KPMG, Alstom, Schneider, ICBC, etc.

About Suzhou

You have the opportunity to live in one of the most culturally rich areas of China, with Suzhou’s UNESCO World Heritage gardens and canals famous around the world.

Suzhou combines its rich 2,500-year-old history with a drive to become one of the most modern cities in China. It has a population of more than six million and a GDP of a trillion RMB – far larger than those of many entire countries!

Alongside its beautiful tourist spots, Suzhou has many excellent learning resources and sports facilities, a great choice of shopping malls, cinemas and restaurants, and a variety of bars and nightclubs.

Today, the city’s canals, stone bridges, pagodas, and meticulously designed gardens have contributed to its status as one of the top tourist attractions in China. The classical gardens in Suzhou were added to the list of the UNESCO World Heritage Sites in 1997 and 2000.

Suzhou is located in the southeast of Jiangsu Province in eastern China. Within Suzhou is Suzhou Industrial Park, one of the most competitive development zones in China. This area also contains the Suzhou Dushu Lake Science and Education Innovation District (home to XJTLU), which sits beside Dushu Lake, one of two lakes in SIP.

Central Shanghai can be reached from Suzhou in just 30 minutes by high-speed train.

Library

XJTLU students have access to a wide range of library resources, from books and journals to electronic databases and articles. The library plays a key role as a research support and learning centre for the University, developing its collection by focusing on subject development and research requirements.

The library currently holds over 500,000 books, which are added to and updated throughout the year in response to requests from academic departments. It provides 22,000 square metres of space, housing 300 PCs and 2,500 seats for studying, discussion and computer and studio work.

Campuses

North Campus

Full of striking, architecturally impressive buildings, our North Campus provides state-of-the art teaching, laboratory, research and support facilities. This includes the award-winning and iconic Central Building, which houses our library.

The campus also has sports facilities, world class-fully equipped science and engineering laboratories, International Business School Suzhou, and design studios, as well as a variety of catering facilities, including Subway, Pacific Coffee Company, and many canteen-style fast-food options.

Landscaped gardens complement pieces of modern art to create a campus environment that has become one of the striking features of Suzhou Industrial Park.

South Campus

The first phase of our South Campus was opened to the public on 26 July 2016, as a major part of the University’s 10th anniversary celebrations.

Architecturally it contrasts our North Campus and features modern designs that complement the surrounding area. Eventually, the South Campus will satisfy the learning and teaching needs of approximately 6,000 XJTLU students as well as the University’s academic exchanges and research development plans. It will consist of eight buildings and be developed over two further phases:

Phase II: International Business School Suzhou at XJTLU

This phase will see the completion of a new building for International Business School Suzhou, set to open by the end of 2017.

PHASE III: XJTLU-GF School of Film and Television Arts and XJTLU Gym

Phase III consists of two buildings – the construction of the XJTLU-GF School of Film and Television Arts and a gym. Both buildings are expected to open by the end of 2018. The development of the School, in collaboration with financial services provider Gold Finance Group, is a significant part of XJTLU’s academic development strategy. It will mix digital media arts and film and television production and technology with performance and acting. The gym will provide improved and diversified sports facilities for students and staff on campus.

Living in University

When you come to XJTLU, you will have the opportunity to try a whole range of different sports and activities as well as developing any existing skills you already have.

Student clubs and societies

Student clubs and societies play an important part of student life. XJTLU has many organisations with themes such as art, sports, music, entrepreneurship, dance to name but a few. Some of the more established groups include a Model United Nations and the Student Union.

Another society, Intercom, provides a platform for all international students to arrange activities and events, and share ideas and experiences with the wider student body.

Catering

3 canteens, 3 coffee shops, Bar, Restaurants

Sports 

Currently, 21 sports are offered through PE classes at XJTLU, including badminton, basketball, belly dancing, billiards, boxing, bridge, Chinese martial arts, football, free combat, body building, golf, popping, roller-skating, sport dancing, table tennis, taekwondo, tai chi, tai chi sword, tennis, Ultimate Frisbee and yoga.

We have outside sport facilities that include basketball and tennis courts as well as indoor facilities, such as a golf training venue, gym, dance room, and table tennis room. There is also a football field located next to the new South Campus.

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🏠 Accommodation

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💰 Fees

Application Fee:

$0 USD

Tuition fee:

88,000 CNY per year

352,000 CNY in total

Entry Requirements

You are not eligible to apply to this program because:

The minimum age is 18 and the maximum age is 30.

English fluency is required.

Minimum education level: High School.

The program is quite competitive, you need to have a high grades of Average B, 60%, or a high GPA.

All students from all countries are eligible to apply to this program.

Is this not correct? You can edit your profile or contact us.
Or see the list of programs you are eligible for here .
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📬 Admissions Process

3 Steps to Apply to a Chinese University

Application step 1

Application step 2

Application step 3

Please choose the programs here , "You are advised to select 2-3 programs to increase your chances of getting accepted.

Required Documents:

  • Bank Statement
  • No Criminal Record Certificate
  • Medical Examination Form
  • First Recommendation Letter
  • English Language Certificate
  • Your Highest Academic Transcript (In English)
  • Your Graduation Certificate (in English)
  • Personal Statement Letter or Study Plan
  • Study Plan
  • Your Photograph
  • Your Passport Copy

Preparing documents:

You can start your application now and send the application documents during your application. Some documents you can send later if you don’t have them right away. Some more info about preparing application documents is here

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Application process:

Applying Online is simple in just a few steps. More information is available here.

The first steps are to choose the programs, pay the application fee and upload the application documents.

Once submitted to China Admissions, we will review your application within 2-3 days and proceed to the university or ask you for further clarification

After it has been processed to the university you will receive your unique application ID from each university.

The university may contact you directly for further questions.

We will then follow up each week with the university for updates. As soon as there is any update we will let you know. If you have made other plans, decide to withdraw / change address at any time please let us know.

After you have been accepted you will receive your admissions letter electronically and asked to pay the non-refundable deposit to the university.

Once you have paid the deposit the university will issue you the admissions letter and visa form to your home country.

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Here is some more information about the enrollment process after you have been accepted.

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