Actuarial Science BSc(Hons)

Why choose this course?

This specialist course is designed for students who are already committed to a career which involves applying mathematical and statistical techniques in the financial world. It is aimed at high achievers who are looking for professional entry into actuarial careers. In addition to providing a necessary foundation in mathematics and statistics, the curriculum is designed to cover much of the material from several of the Institute and Faculty of Actuaries' Core Technical subject areas and so could lead you towards their professional qualifications, or a variety of other careers in the financial world.

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 background material in finance, economics or accounting.

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
• Regression Modelling
• Statistical Distributions
• Ordinary Differential Equations
• Operational Research Techniques
• Risk Models
• Survival Models
• Option modules

Year 3

• Contingencies
• Partial Differential Equations and Approximation Theory
• Stochastic Processes
• Portfolios and Investments
• Further Inference and Bayesian Methods
• Market Models and Derivative Securities
• Option modules