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Stream Information
Bachelor of Business Science (Actuarial Science – CB003BUS01)
Curriculum

The following is the schedule for the standard Actuarial Science stream, taken from the Faculty of Commerce Student Handbook 2016. This schedule will be updated as information becomes available.

Year 1

Course Name

NQF Credits

HEQSF Level

ACC1006F

Financial Accounting

18

5

BUS1036F

Evidence-based Management

18

5

CSC1015F

Computer Science 1015

18

5

ECO1010F

Microeconomics

18

5

MAM1000W

Mathematics I

36

5

BUS1003H

Introduction to Financial Risk

18

5

ACC2011S

Financial Reporting I

18

6

ECO1011S

Macroeconomics

18

5

STA1006S

Mathematical Statistics I

18

5



Year 2

Course Name

NQF Credits

HEQSF Level

CML1001F

Business Law I

18

5

ECO2003F

Microeconomics II

18

6

STA2004F

Statistical Theory & Inference

24

6

MAM2000W

Mathematics II

48

6

BUS2016H

Actuarial Science I: Financial Mathematics

18

6

ECO2004S

Macroeconomics II

18

6

FTX2024S

Corporate Financial Management

18

6

STA2005S

Linear Models

24

6



Year 3

Course Name

NQF Credits

HEQSF Level

BUS3018F

Actuarial Science II: Models

18

7

BUS3039F

People Management

18

7

STA3041F

Markov Processes & Time Series 

36

7

STA3045F Advanced Stochastic Processes 36 7

BUS3024S

Actuarial Science II: Contingencies

18

7

PHI2043S

Business Ethics 

18

6

STA3043S

Decision Theory & GLM

36

7


   




Year 4

Course Name

NQF Credits

HEQSF Level

BUS4028F

Actuarial Science III: Financial Economics

18

8

BUS4027W

Actuarial Science III: Actuarial Risk

 Management

54

8

BUS4050W

Strategic Thinking

36

8

BUS4029H

Actuarial Research Project

36

8

BUS4034S

Professional Communication (Actuarial

Science)

27

8


NOTE:

(i) Supplementary examinations will not be awarded for any Actuarial Science courses.
(ii) Students failing in their first year to achieve the requirements for entry to BUS2016H can expect to take an additional year over their degree and should explore alternatives.