Actuarial Science and Mathematics (3 years) [BSc]

Year 2 Programme Structure

The 2nd year of this programme consists of 80 credits of MATH compulsory course units (listed below as a mandatory requirement). Students also take an optional MATH course unit worth 10 credits in Semester 1, and optional MATH course units worth 30 credits in Semester 2, for a 60/60 split per semester, totalling 120 credits. Appropriate options may be MATH20201, MATH20812 and MATH20912.

Students may want to consider substituting up to 20 credits of MATH options with up to 20 credits of outside course units, eg. BMAN10621(B), BMAN20242 (for exemption purposes), BMAN10552, BMAN10632 and UCIL Leadership in Action listed on the recommended outside course unit list.  Students will need the permission of the Year Tutor and the appropriate form should be completed.  

Note :

  • BMAN10621(B) is a pre-requisite for BMAN20242. Students need to achieve at least 40% at the first attempt in BMAN10621(B) if they are to take BMAN20242.  Further information is available by clicking on the course unit link.
  • BMAN10621(B) and BMAN20242 are one of the Core Technical subjects (CT2) modules recommended for exemption. Details of the exemption arrangements are available under Section 2 of the Undergraduate Handbook.
  • Students need to achieve at least 40% at the first attempt of BMAN20242 if they want to take those Finance course units in the Third Year for which BMAN20242 is a pre-requisite.

Important information: The IFoA (the UK Institute and Faculty of Actuaries) is currently undetaking a review of its curriculum, looking at the study route to become a fully qualified actuary.  For further details and to keep students informed of the status of the review the relevant information is available from http://www.maths.manchester.ac.uk/~kschaik/CR_IFoA.html.  

Details of the current exemption arrangements are available under Section 2 of the Undergraduate Handbook.

Level 2 course units


Description Semester Requirement Credit Rating Level
BMAN10621B - Fundamentals of Financial Reporting B 1 Optional 10 2
MATH20101 - Real and Complex Analysis 1 Mandatory 20 2
MATH20201 - Algebraic Structures 1 1 Optional 10 2
MATH20411 - Partial Differential Equations and Vector Calculus B 1 Mandatory 10 2
MATH20701 - Probability 2 1 Mandatory 10 2
MATH20951 - Financial Mathematics for Actuarial Science 2 1 Mandatory 10 2
UCIL20021 - Leadership in Action Unit 1 Optional 10 2
UCIL20031 - Leadership in Action Online Unit 1 Optional 10 2
BMAN20242 - Introduction to Corporate Finance and Financial Instruments 2 Optional 10 2
MATH20122 - Metric Spaces 2 Optional 10 2
MATH20132 - Calculus of Several Variables 2 Optional 10 2
MATH20142 - Complex Analysis 2 Optional 10 2
MATH20212 - Algebraic Structures 2 2 Optional 10 2
MATH20222 - Introduction to Geometry 2 Optional 10 2
MATH20302 - Introduction to Logic 2 Optional 10 2
MATH20502 - Fluid Mechanics 2 Optional 10 2
MATH20512 - Classical Mechanics 2 Optional 10 2
MATH20522 - Principles of Mathematical Modelling 2 Optional 10 2
MATH20602 - Numerical Analysis 1 2 Optional 10 2
MATH20622 - Programming with Python 2 Optional 10 2
MATH20712 - Random Models 2 Optional 10 2
MATH20722 - Foundations of Modern Probability 2 Optional 10 2
MATH20802 - Statistical Methods 2 Mandatory 10 2
MATH20812 - Practical Statistics 2 Optional 10 2
MATH20902 - Discrete Mathematics 2 Optional 10 2
MATH20912 - Introduction to Financial Mathematics 2 Optional 10 2
MATH20962 - Contingencies 1 - Actuarial Science 2 Mandatory 10 2
MATH20972 - Actuarial Insurance 2 Mandatory 10 2
UCIL20020 - Leadership in Action 20 Credit Unit 1 and 2 Optional 20 2
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