BSc Actuarial Mathematics

Year 2

(Award available for year: Diploma of Higher Education)

Learning outcomes

On completion of the year/programme students should have provided evidence of being able to:

- demonstrate a broad understanding of the concepts, information, practical competencies and techniques in mathematics, statistics, accounting, finance and economics;
- apply generic and subject specific intellectual qualities to standard situations outside the context in which they were originally studied;
- appreciate and employ the main methods of enquiry in the subject and critically evaluate the appropriateness of different methods of enquiry;
- use a range of techniques to initiate and undertake the analysis of data and information;
- adjust to professional and disciplinary boundaries;
- effectively communicate information, arguments and analysis in a variety of forms;
- demonstrate a broad understanding of the valuation of risk;
- demonstrate a broad understanding of financial mathematics;
- demonstrate a broad understanding of the valuation of life and non-life insurance;
- demonstrate a broad understanding of accounting, macro- and micro-economics;
- demonstrate a broad understanding of probability and statistics.

Transferable (key) skills

Students will have had the opportunity to acquire, as defined in the modules specified for the programme:

- qualities and transferable skills necessary for employment related to the subject area(s) studied;
- skills necessary for the exercising of personal responsibility;
- decision making.

Assessment

Achievement will be assessed by a variety of methods in accordance with the learning outcomes of the modules specified for the year/programme and will include:

- demonstrating the ability to apply a broad range of aspects/competencies of the discipline/profession to complex, albeit standard, situations and simple, albeit novel or atypical, instances;
- work that is often descriptive in nature but drawing on a wide variety of material;
- demonstrating basic professional competencies relevant to the discipline;
- the ability to evaluate and criticise received opinion.