BSc Actuarial Mathematics

Year 1

(Award available for year: Certificate of Higher Educ)

Learning outcomes

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

- demonstrate a familiarity with the basic concepts, information, practical competencies and techniques of mathematics, statistics, accounting, finance and economics;
- use basic generic and subject specific intellectual qualities ie
> be able to communicate the results of their work,
> present a structured and coherent simple argument,
> be able to interpret and evaluate the underlying concepts and principles of the discipline,
> evaluate qualitative and/or quantitative data,
> demonstrate an ability to evaluate the appropriateness of different approaches to problem solving associated with the discipline,
> appreciate their strengths and weaknesses as learners;
- demonstrate a familiarity with risk and insurance;
- demonstrate an awareness of professional and disciplinary boundaries;
- demonstrate an awareness of actuarial and financial mathematics;
- demonstrate an awareness of financial and management accounting;
- demonstrate an awareness of the theory and applications of economics;
- demonstrate a familiarity with 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.

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 knowledge and application of standard concepts, information and techniques relevant to the discipline;
- work that covers a restricted area of the discipline;
- demonstrating emerging abilities, skills and competencies.