BSc in Actuarial Science
Programme Code: UBACT2
For first, second and third year students in 201617
Guidelines for interpreting programme regulations
Paper 
Course number and title  

See note 
The LSE Course: Understanding the causes of things  
Year 1  
1 
Elementary Statistical Theory  
2 
Mathematical Methods  
3 
Either AC104 Elements of Accounting, Financial Institutions and Financial Management *  
4 
Economics A or  

Economics B §  
Year 2  
5 
Probability, Distribution Theory and Inference  
6 
Further Mathematical Methods  
7 
Actuarial Investigations: Financial (H) and  
Survival Models (H)  
8 
Courses to the value of one unit from:  

Elements of Accounting, Financial Institutions and Financial Management  

Principles of Finance *  

Introduction to Abstract Mathematics  

Real Analysis  

Or courses to the value of one unit  to be discussed with the academic advisor  
Year 3 


9 
Stochastic Processes (H) and  
Time Series and Forecasting (H)  
10 
Actuarial Mathematics: Life (H) and  
Actuarial Mathematics: General (H)  
11 
Stochastic and Actuarial Methods in Finance  
12 
Courses to the value of one unit from:  

Real Analysis  

Optimisation theory  

Differential equations  

Probability of Finance  

History of Mathematics in Finance and Economics  

Regression and Generalised Linear Models (H) **  

Stochastic Simulation (H)  

Bayesian Inference (H) **  

Applied Statistics Project (H)  

 
Notes 
§ Course allocation dependant on Economics Alevel or equivalent background. See course guides for further information.  

* FM212 could lead to an exemption of CT2 for students who have chosen AC104  

** Either ST300 or ST308 needs to be chosen for exemption of CT6.  

Students can replace Papers 10, 11 or 12 with subjects to the value of one unit approved by their tutor, but this will affect exemptions from examinations set by the Institute and Faculty of Actuaries.  

LSE100 is taken by all students in the Lent Term of Year 1 and the Michaelmas Term of Year 2. The course is compulsory but does not affect the final degree classification. 
This programme is externally accredited by the Institute and Faculty of Actuaries. Further information is available on the Department of Statistics website.