F77PD Professional Development Planning

John Phillips

Course co-ordinator(s): John Phillips (Edinburgh).

Aims:

This course aims to introduce students to actuarial, statistical and financial mathematics professions and to improve their career planning. It is designed to help students build up a range of skills that will prepare them to cope well at the job interview stage and beyond.

 

Detailed Information

Pre-requisites: none.

Location: Edinburgh.

Semester: 2.

Syllabus:

The course will consist of a mixture of lectures and tutorial/practical work. There will be opportunities for group work.

The following topics will be covered:

  • An analysis of the opportunities available to Actuarial Science, Financial Mathematics and Statistical Modelling graduates.
  • Case studies of career paths taken by graduates in these subject areas.
  • Professional Development Planning and the graduate selection process.
  • Using Excel to solve problems of the type found in industry.
  • Developing problem solving techniques for real world situations.

Learning Outcomes: Subject Mastery

At the end of the course, students should be able to:

  • Demonstrate awareness of the role of actuaries, financial mathematicians, and statisticians in society.
  • Understand importance of statutory appointments.
  • Be aware of different employers, and how career paths within different types of organisations may vary.
  • Differentiate between the types of work performed by actuaries in different practice area.
  • Discuss issues currently of professional interest to actuaries, financial mathematicians, and statisticians.
  • Understand the path required to obtain an actuarial qualification and the need for continuous professional development thereafter.
  • Understand the role of professional bodies such as the Royal Statistical Society, Faculty of Actuaries, etc.
  • Work effectively as a team member
  • Develop better communication and presentation skills
  • Understand the concept of commercial awareness, and the need to keep abreast of current issues
  • Demonstrate a developing professional awareness and knowledge of the graduate labour market
  • Review own progress to date and develop a plan to address future development needs

Assessment Methods:

Continuous assessment: group project analysing a particular company, presentation, written assignments and two computer projects which will be handed in at specified times.

SCQF Level: 7.

Credits: 15.

Other Information

Help: If you have any problems or questions regarding the course, you are encouraged to contact the lecturer

VISION: further information and course materials are available on VISION