CS1

The Aim of Actuarial Statistics CS1 is to provide a grounding in Mathematical and Statistical methods that are of relevance for Actuarial work. It equips the student with knowledge of Statistical Distributions, methods to summarize data, regression models and the fundamental concepts of Bayesian Statistics.

CM1

The aim of the Actuarial Mathematics subject is to provide a grounding in the principles of modelling as applied to actuarial work – focusing particularly on deterministic models which can be used to model and value known cashflows as well as those which are dependent on death, survival or other uncertain risks.

CB2

The aim of the Business Economics subject is to introduce students to the core economic principles and how these can be used in a business environment to help decision making and behavior. It provides the fundamental concepts of microeconomics that explain how economic agents make decisions and how these decisions interact. It explores the principles underlying macroeconomics that explain how the economic system works, where it fails and how decisions taken by economic agents affect the economic system.