BSc Actuarial Mathematics and Statistics

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BSc Actuarial Mathematics and Statistics

  • Objectives This course is ideal if you enjoy maths and statistics and would like to use your skills to model future events and risk. Actuaries employ a range of quantitative skills to evaluate risks and optimise the consequences of future events – with particular emphasis on financial effects and implications. Actuaries are employed extensively by insurance companies and the government, both for direct policy assessments and for financial planning; their value is recognised by the high salaries they command worldwide.
  • Entry requirements Entry Requirements -a degree (level 6) in an Early Years subject or a degree (level 6) in any subject plus a level 3 qualification in an Early Years subject -a GCSE grade C in English and Maths -a current Criminal Records Bureau clearance -recent and considerable experience across whole 0-5 years age range
  • Academic title BSc Actuarial Mathematics and Statistics
  • Course description BSc Actuarial Mathematics and Statistics

    Programme

    Year 1

    -Mathematical Science 1
    -Mathematical Science 2
    -Introduction to Probability and Statistics
    -Introduction to Linear Algebra
    -Fundamental Programming Concepts
    -Object-Oriented Programming with Java
    -Accounting
    -Option module

    Year 2

    -Mathematical Methods 1
    -Ordinary Differential Equations
    -Regression Modelling
    -Statistical Distributions
    -Operational Research Techniques
    -Corporate Finance 1
    -Actuarial Methods, Planning and Control
    -Contingencies

    Year 3

    -Partial Differential Equations and Approximation Theory
    -Time Series and Forecasting
    -Further Inference and Bayesian Methods
    -Financial Risk Management
    -Stochastic Modelling in Finance
    -Advanced Contingencies
    -Mathematical Finance
    -Option module
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