ObjectivesThis 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 requirementsEntry 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 titleBSc Actuarial Mathematics and Statistics
Course descriptionBSc 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