BUS1003H - Introduction to Actuarial Science

Course Information

First year, whole year, half course, two lectures per week and 1 tutorial.

Course co-ordinator: Dr S Kendal.

Prerequisites: Admissions to the Actuarial Programme A.

Course outline:
The aim of the course is to provide an overview of the field of actuarial science. Topics covered
include: elementary mathematics, statistics; principles of mathematics of finance, life contingencies,
risk assessment and management, practice of investments, life insurance, general insurance and
retirement provision; and current topics. The course culminates by addressing questions concerning
professionalism and what it is to be an actuary.

DP requirements: Attempting all classwork and obtaining an overall average of 40%.

Assessment:
Tutorials and tests 40%
Examination 60%
No supplementary examinations are awarded for this course.