2024/25 Undergraduate Programme Catalogue
BSc Actuarial Mathematics
| Programme code: | BS-ACMATH | UCAS code: | NG31 |
|---|---|---|---|
| Duration: | 3 Years | Method of Attendance: | Full Time |
| Programme manager: | Dr Graham Murphy | Contact address: | g.j.murphy@leeds.ac.uk |
Total credits: 360
Entry requirements:
Entry Requirements are available on the Course Search entry
School/Unit responsible for the parenting of students and programme:
School of Mathematics
Examination board through which the programme will be considered:
Relevant QAA Subject Benchmark Groups:
Mathematics, Statistics and Operational Research.
Economics
Finance
Professional Body Offering Accreditation:
the Institute and Faculty of Actuaries through a subject level accreditation agreement which is based on key modules in the programme.
Programme specification:
The information on this page is accurate for students entering the programme in 2023/2024 or before. For students entering the programme from September 2024 or after, you can find the details of your programme: href="https://webprod3.leeds.ac.uk/catalogue/dynprogrammes.asp?Y=202425&P=BSACMATH-%20R">BSc Actuarial Mathematics(For students entering from September 2024 onwards)
This programme is for students who have a strong interest in mathematics and statistics as well as finance and economics. The programme will not only prepare you to pursue a career as an actuary in traditional areas of practice, such as insurance or pensions, but also in the wider sphere of risk-management and a variety of roles at the intersection of mathematics and finance.
Through the programme you will develop your understanding of mathematics, statistics, accounting, finance and economics. The emphasis on a rigorous understanding of the underlying principles coupled with opportunities to develop your professional skills will give you a strong foundation on which to build your future career.
Year1 - View timetable
[Learning Outcomes, Transferable (Key) Skills, Assessment]
Compulsory modules:
Canddiates will be required to study the following compulsory modules:
| LUBS1235 | Introductory Financial Accounting Pre-requisite for: LUBS2291 | 10 credits | Semester 1 (Sep to Jan) | |
| LUBS1245 | Introductory Management Accounting | 10 credits | Semester 2 (Jan to Jun) | |
| LUBS1953 | Economic Theory and Applications for Finance | 20 credits | Semesters 1 & 2 (Sep to Jun) | |
| MATH1000 | Core Mathematics Pre-requisite for: MATH2350, MATH2130, MATH2440. MATH2003, MATH2701, MATH2702, MATH2703, MATH2500, MATH3xxx Actuarial Mathematics 1 | 40 credits | Semesters 1 & 2 (Sep to Jun) | |
| MATH1013 | Computational Mathematics and Modelling Pre-requisite for: MATH2003 | 20 credits | Semesters 1 & 2 (Sep to Jun) | |
| MATH1700 | Probability and Statistics Pre-requisite for: MATH2701, MATH2702, MATH2703, MATH2500, LUBS2140, LUBS2610, MATH3xxx Actuarial Mathematics 1 | 20 credits | Semesters 1 & 2 (Sep to Jun) |
Year2 - View timetable
[Learning Outcomes, Transferable (Key) Skills, Assessment]
Students must enrol on exactly 120 or 125 credits in the academic year.
Compulsory modules:
Candidates will be required to study the following compulsory modules:
| LUBS2140 | Intermediate Microeconomics | 10 credits | Semester 2 (Jan to Jun) | |
| LUBS2291 | Financial Accounting and Reporting | 20 credits | Semesters 1 & 2 (Sep to Jun) | |
| LUBS2610 | Intermediate Macroeconomics | 10 credits | Semester 1 (Sep to Jan) | |
| MATH2535 | Financial Mathematics: Risk | 10 credits | Semester 1 (Sep to Jan) | |
| MATH2545 | Financial Mathematics: Markets | 10 credits | Semester 2 (Jan to Jun) | |
| MATH2715 | Statistical Methods | 10 credits | Semester 1 (Sep to Jan) | |
| MATH2750 | Introduction to Markov Processes | 10 credits | Semester 2 (Jan to Jun) | |
| MATH2775 | Survival Analysis | 10 credits | Semester 2 (Jan to Jun) |
Optional modules:
Candidates are required to choose 30 or 35 credits from the following optional modules:
| MATH2017 | Real Analysis | 15 credits | Semester 2 (Jan to Jun) | |
| MATH2080 | Further Linear Algebra | 10 credits | Semester 1 (Sep to Jan) | |
| MATH2230 | Discrete Mathematics | 10 credits | Semester 2 (Jan to Jun) | |
| MATH2231 | Discrete Mathematics with Computation | 15 credits | Semester 2 (Jan to Jun) | |
| MATH2365 | Vector Calculus | 15 credits | Semester 1 (Sep to Jan) | |
| MATH2375 | Linear Differential Equations and Transforms | 15 credits | Semester 2 (Jan to Jun) | |
| MATH2391 | Nonlinear Differential Equations | 10 credits | Semester 2 (Jan to Jun) | |
| MATH2600 | Numerical Analysis | 10 credits | Semester 2 (Jan to Jun) | |
| MATH2601 | Numerical Analysis with Computation | 15 credits | Semester 2 (Jan to Jun) | |
| MATH2640 | Introduction to Optimisation | 10 credits | Semester 1 (Sep to Jan) | |
| MATH2740 | Environmental Statistics | 10 credits | Not running in 202425 | |
| MATH2900 | Maths at Work | 10 credits | Semesters 1 & 2 (Sep to Jun) | |
| MATH2920 | Computational Mathematics | 10 credits | Semester 1 (Sep to Jan) |
!! IMPORTANT !! When choosing options, students must take into account which modules they intend to take in Year 3 to make sure that they have the necessary prerequisites. Please refer to the information from the Programme Meetings.
In order to progress to Year 3 of the programme, in additional to the usual requirement candidates need to pass MATH2715 or MATH2735.
Year3 - View timetable
[Learning Outcomes, Transferable (Key) Skills, Assessment]
Students must enrol on exactly 120 or 125 credits in each academic year.
Students must enrol on at least 100 credits of level 3 modules.
Students will be awarded the degree of BSc(Ord) Actuarial Mathematics if they do not pass MATH3001.
Compulsory modules:
Candidates will be required to study the following compulsory modules:
| MATH3001 | Project in Mathematics | 20 credits | Semesters 1 & 2 (Sep to Jun) | |
| MATH3510 | Actuarial Mathematics 1 | 15 credits | Semester 1 (Sep to Jan) | |
| MATH3520 | Actuarial Mathematics 2 | 15 credits | Semester 2 (Jan to Jun) | |
| MATH3734 | Stochastic Calculus for Finance | 15 credits | Semester 2 (Jan to Jun) | |
| MATH3802 | Time Series | 10 credits | Semester 1 (Sep to Jan) | |
| MATH3823 | Generalised Linear Models | 10 credits | Semester 2 (Jan to Jun) |
Optional modules:
Students may choose up to 20 credits from the following list.
| MATH2017 | Real Analysis | 15 credits | Semester 2 (Jan to Jun) | |
| MATH2080 | Further Linear Algebra | 10 credits | Semester 1 (Sep to Jan) | |
| MATH2230 | Discrete Mathematics | 10 credits | Semester 2 (Jan to Jun) | |
| MATH2231 | Discrete Mathematics with Computation | 15 credits | Semester 2 (Jan to Jun) | |
| MATH2365 | Vector Calculus | 15 credits | Semester 1 (Sep to Jan) | |
| MATH2375 | Linear Differential Equations and Transforms | 15 credits | Semester 2 (Jan to Jun) | |
| MATH2391 | Nonlinear Differential Equations | 10 credits | Semester 2 (Jan to Jun) | |
| MATH2600 | Numerical Analysis | 10 credits | Semester 2 (Jan to Jun) | |
| MATH2601 | Numerical Analysis with Computation | 15 credits | Semester 2 (Jan to Jun) | |
| MATH2640 | Introduction to Optimisation | 10 credits | Semester 1 (Sep to Jan) | |
| MATH2735 | Statistical Modelling | 10 credits | Not running in 202425 | |
| MATH2740 | Environmental Statistics | 10 credits | Not running in 202425 | |
| MATH2900 | Maths at Work | 10 credits | Semesters 1 & 2 (Sep to Jun) | |
| MATH2920 | Computational Mathematics | 10 credits | Semester 1 (Sep to Jan) | |
| MATH3414 | Analytic Solutions of Partial Differential Equations | 15 credits | Semester 1 (Sep to Jan) | |
| MATH3475 | Modern Numerical Methods | 15 credits | Not running in 202425 | |
| MATH3714 | Linear Regression and Robustness | 15 credits | Semester 1 (Sep to Jan) | |
| MATH3723 | Statistical Theory | 15 credits | Semester 2 (Jan to Jun) | |
| MATH3772 | Multivariate Analysis | 10 credits | Semester 1 (Sep to Jan) | |
| MATH3820 | Bayesian Statistics | 10 credits | Not running in 202425 |
Students must choose 20 to 40 credits from the modules below.
| LUBS2260 | Banks and Banking Systems | 10 credits | Semester 1 (Sep to Jan) | |
| LUBS2295 | Intermediate Management Accounting | 20 credits | Semesters 1 & 2 (Sep to Jun) | |
| LUBS3005 | Advanced Microeconomics | 10 credits | Semester 2 (Jan to Jun) | |
| LUBS3250 | Transnational Corporations in the World Economy | 10 credits | Semester 2 (Jan to Jun) | |
| LUBS3330 | Economic Development | 20 credits | Semesters 1 & 2 (Sep to Jun) | |
| LUBS3340 | Economics of Famines | 20 credits | Not running in 202425 | |
| LUBS3365 | Environmental Economics | 10 credits | Semester 2 (Jan to Jun) | |
| LUBS3435 | Public Enterprise and Regulation | 10 credits | Semester 1 (Sep to Jan) | |
| LUBS3505 | Advanced Macroeconomics | 10 credits | Semester 1 (Sep to Jan) | |
| LUBS3541 | Principles of Auditing | 10 credits | Not running in 202425 | |
| LUBS3550 | Auditing and Assurance Services | 20 credits | Semesters 1 & 2 (Sep to Jun) | |
| LUBS3631 | Contemporary Issues in Accounting | 10 credits | Semester 2 (Jan to Jun) | |
| LUBS3690 | Principles of Taxation | 20 credits | Semesters 1 & 2 (Sep to Jun) | |
| LUBS3785 | The Economics of Unions | 10 credits | Not running in 202425 | |
| LUBS3880 | Corporate Governance | 10 credits | Not running in 202425 | |
| LUBS3930 | Economics of Business and Corporate Strategy | 20 credits | Semesters 1 & 2 (Sep to Jun) |
The choice of options is subject to timetabling constraints.
Last updated: 03/06/2024 11:42:45
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- Undergraduate module catalogue
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