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BSc in Actuarial Science

Programme Code: UBACT2

Department: Statistics

For students starting this programme of study in 2017/18

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)

See note

LSE100 The LSE Course: Understanding the causes of things

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:

 

AC104 Elements of Accounting, Financial Institutions and Financial Management (1.0) A  (withdrawn 2018/19) or

 

MA103 Introduction to Abstract Mathematics (1.0) #

Paper 4

EC100 Economics A (1.0) # or

 

EC102 Economics B (1.0) # B

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: C

 

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) # D

 

MA103 Introduction to Abstract Mathematics (1.0) #

 

MA203 Real Analysis (0.5) #

 

PB102 Social Psychology (1.0)  (not available 2020/21)

Undergraduate Outside Options List (Years 2 & 3)

Year 3

Paper 9

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

 

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) #

 

MA313 Probability for Finance (0.5) #  (withdrawn 2019/20)

 

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

 

ST300 Regression and Generalised Linear Models (0.5) # E

 

ST303 Stochastic Simulation (0.5) #

 

ST306 Actuarial Mathematics (General) (0.5) #

 

ST308 Bayesian Inference (0.5) # F

 

ST312 Applied Statistics Project (0.5) #  (not available 2020/21)

 

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)

Notes

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.

Undergraduate Outside Options List (Years 2 & 3)

Prerequisite Requirements and Mutually Exclusive Options

* means available with permission

Footnotes

A : FM213 could lead to an exemption of CB1 (CT2 for pre-2019 syllabus) for students who have chosen AC102 and AC103 (or AC104).

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

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

D : FM213 could lead to an exemption of CB1 (CT2 for pre-2019 syllabus) for students who have chosen AC102 and AC103 (or AC104).

E : Either ST300 or ST308 needs to be chosen for exemption of CT6.

F : Either ST300 or ST308 needs to be chosen for exemption of CT6.

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

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.