The Actuarial Science programme at Leicester is the only distance learning course accredited by the Faculty and Institute of Actuaries. This means that if you perform sufficiently well within the examinations for the Postgraduate Diploma qualification, you will be automatically exempt from taking the Institute's CT 1-8 examinations — the first eight exams toward qualifying as a Fellow of the Faculty and Institute of Actuaries. The University enjoys links with the financial industry including Mercer Human Resource Consulting, NFU Mutual and Pearl Life, ensuring that the course has been developed with the needs of key employers in mind. Graduates of the course will therefore be highly employable.
Entry requirements At least a 2:1 classification in a relevant first degree. We will also expect a certain prerequisite knowledge of probability and calculus. This means that students will typically be Mathematics, Statistics or Physics graduates, although we will consider graduates from other disciplines such as engineering and economics on an individual basis. A revision course is available to students who feel they need to brush up in some areas of mathematics.
PgDip/MSc Actuarial Science
Modules covered will include:
-Finance and Financial Reporting
The first two modules are prerequisite to the other modules that make up the programme and should be taken first. From session 2 of Year One onwards students are free to choose the order in which they study the subjects, the only exception being that Actuarial Mathematics must be studied before Contingencies.
Teaching and assessment methods
The course will be delivered through supported distance learning. Materials will be made available both in paper form and electronically via the University’s virtual online learning environment Blackboard.
The use of Blackboard will enable you to benefit from visualisations of key concepts through specialist software. Electronic forums and pod-casts will be used to support your learning.
Students will also have the opportunity to attend summer schools allowing you the opportunity to meet other students on the course and to attend tutorials.
Assessment will be via unseen examinations.
However progress throughout the course can be reviewed via the setting of regular non-assessed homework and short questions. Following feedback recorded tutorials, available on Blackboard, will cover any