## BSc in Actuarial Science

Programme Code: UBACT2

Department: Statistics

For first, second and third year students in 2017/18.

Guidelines for interpreting programme regulations

Classification scheme for the BA/BSc degrees (other than four-year BA/BSc degrees)

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 *
Or MA103 Introduction to Abstract Mathematics

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 A-level 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.

Note for prospective students:
For changes to undergraduate course and programme information for the next academic session, please see the undergraduate summary page for prospective students. Changes to course and programme information for future academic sessions can be found on the undergraduate summary page for future students.