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BSc in Actuarial Science

Programme Code: UBACT2

Department: Statistics

For students starting this programme of study in 2020/21

Guidelines for interpreting programme regulations

Three-year classification scheme for BA/BSc degrees for all students from the 2018/19 academic year

Please note that places are limited on some optional courses. Admission onto any particular course is not guaranteed and may be subject to timetabling constraints and/or students meeting specific prerequisite requirements.

Paper

Course number, title (unit value)

Year 1

Paper 1

ST102 Elementary Statistical Theory (1.0) #

Paper 2

MA100 Mathematical Methods (1.0) #

Paper 3

Courses to the value of 1.0 unit(s) from the following:

 

AC102 Elements of Financial Accounting (0.5)

 

AC103 Elements of Management Accounting, Financial Management and Financial Institutions (0.5)

 

EH101 The Internationalisation of Economic Growth, 1870 to the present day (1.0)

 

MA102 Mathematical Proof and Analysis (0.5) #

 

MA103 Introduction to Abstract Mathematics (1.0) #

 

PB102 Social Psychology (1.0)  (not available 2021/22)

 

ST101 Programming for Data Science (0.5)

Paper 4

EC100 Economics A (1.0) #  (withdrawn 2021/22) or

 

EC102 Economics B (1.0) # A  (withdrawn 2021/22)

Year 2

Paper 5

ST202 Probability, Distribution Theory and Inference (1.0) #

Paper 6

MA212 Further Mathematical Methods (1.0) #

Paper 7

ST226 Actuarial Investigations: Financial (0.5) # and ST227 Survival Models (0.5) #

Paper 8

Courses to the value of 1.0 unit(s) from the following: B

 

AC102 Elements of Financial Accounting (0.5)

 

AC103 Elements of Management Accounting, Financial Management and Financial Institutions (0.5)

 

EH101 The Internationalisation of Economic Growth, 1870 to the present day (1.0)

 

FM213 Principles of Finance (1.0) #

 

MA102 Mathematical Proof and Analysis (0.5) #

 

MA103 Introduction to Abstract Mathematics (1.0) #

 

MA203 Real Analysis (0.5) #

 

ST207 Databases (0.5) #

Undergraduate Outside Options List (Years 2 & 3)

Year 3

Paper 9

ST301 Actuarial Mathematics (Life) (0.5) # and ST302 Stochastic Processes (0.5) #

Paper 10

ST330 Stochastic and Actuarial Methods in Finance (1.0) #

 

OR

Courses to the value of 1.0 unit(s) from the following:
(please note that students can replace Papers 10, 11 or 12 with subjects to the value of one unit approved by their tutor from the Undergraduate Outside Options List, but this will affect exemptions from examinations set by the Institute and Faculty of Actuaries)

Undergraduate Outside Options List (Years 2 & 3)

Paper 11

Courses to the value of 1.0 unit(s) from the following:

 

ST300 Regression and Generalised Linear Models (0.5) #

 

ST303 Stochastic Simulation (0.5) #

 

ST304 Time Series and Forecasting (0.5) #

 

ST306 Actuarial Mathematics (General) (0.5) #

 

ST308 Bayesian Inference (0.5) #

 

ST310 Machine Learning (0.5) #

 

ST326 Financial Statistics (0.5) #

 

OR

Courses to the value of 1.0 unit(s) from the following:
(please note that students can replace Papers 10, 11 or 12 with subjects to the value of one unit approved by their tutor from the Undergraduate Outside Options List, but this will affect exemptions from examinations set by the Institute and Faculty of Actuaries)

Undergraduate Outside Options List (Years 2 & 3)

Paper 12

Courses to the value of 1.0 unit(s) from the following:

 

MA203 Real Analysis (0.5) #

 

MA208 Optimisation Theory (0.5) #

 

MA209 Differential Equations (0.5) #

 

MA318 History of Mathematics in Finance and Economics (0.5) #

 

ST300 Regression and Generalised Linear Models (0.5) #

 

ST303 Stochastic Simulation (0.5) #

 

ST306 Actuarial Mathematics (General) (0.5) #

 

ST308 Bayesian Inference (0.5) #

 

ST310 Machine Learning (0.5) #

 

ST311 Artificial Intelligence (0.5) #

 

ST312 Applied Statistics Project (0.5) #

 

ST326 Financial Statistics (0.5) #

 

OR

Courses to the value of 1.0 unit(s) from the following:
(please note that students can replace Papers 10, 11 or 12 with subjects to the value of one unit approved by their tutor from the Undergraduate Outside Options List, but this will affect exemptions from examinations set by the Institute and Faculty of Actuaries)

Undergraduate Outside Options List (Years 2 & 3)

Undergraduate Outside Options List (Years 2 & 3)

Prerequisite Requirements and Mutually Exclusive Options

* means available with permission

Footnotes

A : EC102 course allocation dependent on Economics A-level or equivalent background. Please view the course guides for further information.

B : Courses chosen from the Undergraduate Outside Options List must be discussed with the Academic Mentor.

# means there may be prerequisites for this course. Please view the course guide for more information.

Exemptions:

Exemption

Courses contributing to exemption

CB1

AC103, FM213

CB2

Made up via EC100 or EC102

CM1

ST226, ST301

CM2

ST330, ST306

CS1

ST102, ST202, ST300, ST308

CS2

ST304, ST306, ST227, ST326


Accreditation:

Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route. Accredited by the Institute and Faculty of Actuaries for the purpose of exemption from some professional examinations. Accredited by the Royal Statistical Society (RSS) for the purpose of eligibility for Graduate Statistician status. Further information is available on the Department of Statistics website or on the Undergraduate programme accreditation and exemptions 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.