2019 Registration Information

Students who do not qualify for AIM 102 must register for AIM 111 and AIM 121.

First semester
Code	Name	Credits
EKN 110	Economics 110	10
LST 110	Language and Study Skills 110	6
FBS 112	Financial Management 112	10
IAS 111	Actuarial and Financial Mathematics in practice 111	6
UPO 102	Academic orientation 102	0
WST 111	Mathematical Statistics 111	16
WTW 114	Calculus 114	16
WTW 152	Mathematical modelling	8
Total credits for compulsory modules		72

 

Second semester
Code	Name	Credits
AIM 102	Academic Information Management 102	6
EKN 120	Economics 120	10
FBS 122	Financial Management 122	10
IAS 121	Actuarial and Financial Mathematics in practice 121	6
WST 121	Mathematical statistics 121	16
WTW 123	Numerical analysis 123	8
WTW 124	Mathematics 124	16
Total credits for compulsory modules		72

You have a choice between INF 214 (as before) and WST 212 (new). We recommend that you take WST 212, but it is up to you. Either subject will be recognised for your degree, but you will not get credit for both. An important aspect to keep in mind when making this decision is the exemption requirements. WST 212 will be included when considering exemptions for A212 in 2020. Therefore, if you are not completing the requirements for an A212 exemption in 2019, you should rather choose WST 212.

If you have not yet passed all your first year modules, you should discuss your study plan with the department. When preparing an updated study plan, you should consider the following information as well as the combinations of subjects (set out below) required to qualify for exemption from the Actuarial Society examinations.

1. If you failed COS 132, you can repeat COS 132 or alternatively, you can register for WTW 152 and check your credits - see point 5.
2. If you failed EKN 113 and/or EKN 123, you need to register for EKN 110 and/or EKN 120 and check your credits - see point 5.
3. If you failed any other first year module(s), you need to repeat the same module(s).
4. Note that the prerequisites for IAS 211 now include IAS 111 and IAS 121. We know that students taking IAS 211 in 2019 have not completed these subjects and will take it into consideration when presenting the course. However, in 2020 IAS 211 will continue from where IAS 111 and IAS 121 left off. Therefore, if you are not doing IAS 211 in 2019, you should include IAS 111 and IAS 121 in your study plan.
5. Note that the credits for WTW 152 are less than for COS 132 and the credits for EKN 110 and EKN 120 are less than for EKN 113 and EKN 123. You need 144 credits at first year level. You may therefore also have to do IAS 111 and possibly IAS 121 as well as to ensure that you have enough first year credits. Make sure that you check this.

First semester core modules
Code	Name	Credit
WST 311	Multivariate analysis 311 Required: WST211, WST221, WTW211GS & WTW218GS	18
WST 312	Stochastic Processes 312 Required: WST211, WST221, WTW211GS & WTW218GS	18
WTW 354	Financial engineering 354 Required: WST211, WTW211 & WTW218	18
Total credits for compulsory modules		54

 

IAS 361 will not be offered in 2019 and the requirements for Honours in Actuarial Science have been changed to remove IAS 361 as a requirement for 2020.

Students who want to complete the BSc (Actuarial and Financial Mathematics) degree, but are considering an honours degree in Mathematics, should in addition to the Financial Mathematics option take the module WTW381 for non-degree purposes.

Students who want to complete the BSc (Actuarial and Financial Mathematics) degree, but are considering an honours degree in Applied Mathematics, should take the Financial Mathematics option with any two of the modules WTW 382, WTW 383, WTW386, with one of them for non-degree purposes.

Students who want to complete the BSc (Actuarial and Financial Mathematics) degree, but are considering an honours degree in Mathematical Statistics, should take in addition to either option STK 353 for non-degree purposes.

Students who would like to continue with any of the alternative abovementioned honours degrees without taking additional credits can switch to the respective undergraduate programme during their third year. Students should note that they still qualify for exemptions from the Actuarial Society subjects if they switch to one of the alternative degrees.

If you have not yet passed all your first and second year modules, you should discuss your study plan with the department. When preparing an updated study plan, you should consider the following information as well as the combinations of subjects (set out below) required to qualify for exemption from the Actuarial Society examinations.

 

Students who are considering BSc(Actuarial and Financial Mathematics) and who meet the requirements should register for all the following modules.

First semester
Code	Name	Credits
EKN 110	Economics 110	10
FBS 112	Financial Management 112 Required: At least 6 (70-79%) in Mathematics in the Grade 12 examination or WTW 133 (60%), WTW 143 (60%), WST 133 (60%) and WST 143 (60%)	10
IAS 111	Actuarial and Financial Mathematics in practice 111 Required: At least 6 (70-79%) in Mathematics in the Grade 12 examination or WTW 133 (60%), WTW 143 (60%), WST 133 (60%) and WST 143 (60%)	6
WST 153	Mathematical Statistics 153 WST 133 and WST143 and WTW 143. Must be taken concurrently with WTW 153	8
WTW 152	Mathematical modelling	8
WTW 153	Calculus 153 Required: WTW 143	8
Total credits for compulsory modules		50

 

Second semester
Code	Name	Credits
EKN 120	Economics 120 Required: EKN 110 GS	10
FBS 122	Financial Management 122 FBS 112	10
IAS 121	Actuarial and Financial Mathematics in practice 121 Required: WTW 153, WST 153, IAS 111	6
WST 121	Mathematical statistics 121 WST 133, WST 143 and WST 153	16
WTW 123	Numerical analysis 123	8
WTW 124	Calculus and Algebra 124	16
Total credits for compulsory modules		66