Actuarial Mathematics and Statistics BSc(Hons)

Why choose this course?

This course is ideal if you enjoy mathematics and statistics and would like to use your skills to model future events and risk. The course is similar to the Actuarial Science BSc(Hons) course in many respects – the two courses share the same first year and it will provide the foundation for a future career as an actuary. However, it allows more flexibility to branch out into other areas of mathematics and statistics, at the expense of a little of the specialisation in actuarial work.

What will you study?

The curriculum draws together a variety of subject areas to enable you to model real-world effects and their financial implications. You will explore a blend of applied mathematics and statistics, with appropriate computing support. You can also cover some background material in finance, economics or accounting, and extend your study into other areas of mathematics and statistics.

Please note that this is an indicative list of modules and is not intended as a definitive list. Those listed here may also be a mixture of core and optional modules.

Year 1

• Introduction to Mathematical Analysis
• Mathematics of Finance and Investment
• Introduction to Probability and Statistics
• Introduction to Linear Algebra
• Introductory Statistical Inference
• Option modules

Year 2

• Mathematical Methods
• Concepts of Mathematics
• Regression Modelling
• Statistical Distributions
• Ordinary Differential Equations
• Operational Research Techniques
• Option modules
• Survival Models

Year 3

• Contingencies
• Partial Differential Equations and Approximation Theory
• Further Inference and Bayesian Methods
• Option modules