Programme Codes: F7IM-ACP
For further information about course choices consult:
- MSc Actuarial Science and Management Structure 2016/17
- MSc Actuarial Science and Management Programme Handbook 201617
Stage 1
Programme Director: Peter Ridges
Semester 1 Timetable Semester 2 Timetable
Compulsory Courses
| HW | Title | Semester | Lecturer | Credits |
|---|---|---|---|---|
| F71AF | Life Insurance Mathematics 1 | 1 | A. Macdonald | 15 |
| F71AB | Financial Mathematics | 1 | G. Reid | 15 |
| F71BF | Life Insurance Mathematics 2 | 2 | P. Ridges | 15 |
Optional Courses
| Code | Title | Semester | Lecturer | Credits |
|---|---|---|---|---|
| C21AO | Economics | 1 | SML | 15 |
| C31FF | Finance and Financial Reporting | 1 | SML | 15 |
| F71SM | Statistical Methods | 1 | D. Clancy | 15 |
| F71SZ | Stochastic Modelling | 1 | S. Foss | 7.5 |
| F71AG | Risk Theory | 2 | M.Christiansen | 15 |
| F71TS | Time Series Analysis | 2 | S. Foss | 7.5 |
| F71AH | Financial Economics 1 | 2 | A. Cairns | 15 |
| F71AJ | Financial Economics 2 | 2 | T. Kleinow | 15 |
| F71AE | Survival Models | 2 | A. Macdonald | 15 |
Stage 1 Notes: There are three mandatory courses in stage 1 (F71AF/AB/BF). All other courses in Stage 1 are optional. Students may choose any courses leading to a minimum of 120 credits, but not limited to 120 credits. Students may study all available courses in order to obtain maximum possible exemptions from the examinations of the Institute and Faculty of Actuaries (IFoA). Guidance is provided to students on selection of courses.
Stage 2
Programme Director: Prof Angus Macdonald 
Semester 1 Timetable Semester 2 Timetable
Compulsory Courses
| HW Code | Title | Semester | Lecturer | Credits |
|---|---|---|---|---|
| F71CA | Actuarial Risk Management 1 | 1 | A. Stott | 15 |
| F71CB | Actuarial Risk Management 2 | 2 | A. Stott | 15 |
| F71MD | MSc Dissertation | 3 | Various | 60 |
Optional Courses
| Code | Title | Semester | Lecturer | Credits |
|---|---|---|---|---|
| F71PC | Pensions A | 1 | P. Ridges | 15 |
| F71LA | Life Insurance 1 | 1 | G. Reid | 15 |
| F71ER | Enterprise Risk Management I | 1 | M. Christiansen | 15 |
| F71DV | Derivative Markets and Pricing | 1 | A. Wiese | 15 |
| C31FM | Financial Markets | 1 | SML staff | 15 |
| F71PD | Pensions B | 2 | P. Ridges | 15 |
| F71LB | Life Insurance 2 | 2 | G. Reid | 15 |
| F71AP | Advanced Derivative Pricing | 2 | T. Johnson | 15 |
| F71EM | Enterprise Risk Management II | 2 | A. Cairns | 15 |
| C31FV | Finance and Investment | 2 | SML staff | 15 |
Stage 2 Notes: Two mandatory courses (F71CA/CB) and three pairs of optional courses from F71PC/PD, F71LA/LB, C31FM/FV, F71DV/AP and F71ER/EM totalling 120 credits. Each pair of courses is associated with exemption from one examination of the Institute and Faculty of Actuaries and must be chosen in pairs as above.