No supplementary examinations are awarded for this course.
18 NQF credits at HEQSF level 5
Convener: J Legutko
Course entry requirements: Admission to an Actuarial Programme.
Course outline: The aim of the course is to provide an overview of the fields of actuarial science and quantitative finance. The central concept for both disciplines is the measurement and valuation of financial transactions with a component of uncertainty. Topics covered include risk assessment and management, different types of insurance, different types of asset classes. Students are introduced to financial mathematics and life contingency functions which enables them to value assets and insurance products. The course also addresses questions concerning professionalism and what it is to be an actuary/quant.
DP requirements: Attempting all classwork and obtaining an overall average of 40%.
Assessment: Tutorials and Assignments 15%; Tests 35%; Examination 50%.
Last updated : 20 Nov 2018