BSc Actuarial Science (All students)

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	LSE100	The LSE Course: Understanding the causes of things
Year 1
1	ST102	Elementary Statistical Theory
2	MA100	Mathematical Methods
3	*Either* AC104 Elements of Accounting, Financial Institutions and Financial Management * Or MA103 Introduction to Abstract Mathematics
4	EC100	Economics A or
	EC102	Economics B §
Year 2
5	ST202	Probability, Distribution Theory and Inference
6	MA212	Further Mathematical Methods
7	ST226	Actuarial Investigations: Financial (H) and
7	ST227	Survival Models (H)
8	Courses to the value of one unit from:
	AC104	Elements of Accounting, Financial Institutions and Financial Management
	FM212	Principles of Finance *
	MA103	Introduction to Abstract Mathematics
	MA203	Real Analysis
	Or courses to the value of one unit - to be discussed with the academic advisor
Year 3
9	ST302	Stochastic Processes (H) *and*
9	ST304	Time Series and Forecasting (H)
10	ST301	Actuarial Mathematics: Life (H) *and*
10	ST306	Actuarial Mathematics: General (H)
11	ST330	Stochastic and Actuarial Methods in Finance
12	Courses to the value of one unit from:
	MA203	Real Analysis
	MA208	Optimisation theory
	MA209	Differential equations
	MA313	Probability of Finance
	MA318	History of Mathematics in Finance and Economics
	ST300	Regression and Generalised Linear Models (H) **
	ST303	Stochastic Simulation (H)
	ST308	Bayesian Inference (H) **
	ST312	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.