Registry
Module Specifications
Archived Version 2003 - 2004
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Module Title |
Financial Mathematics
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Module Code |
MS318
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School |
School of Mathematical Sciences
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Online Module Resources
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| Module Co-ordinator | Prof John Carroll | Office Number | X139 |
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Level |
3
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Credit Rating |
7.5
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Pre-requisite |
None
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Co-requisite |
None
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Module Aims
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- To provide a grounding in financial mathematics and their simple applications.
- To enable the student to become fully conversant with actuarial philosophy and actuarial scientific methods.
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Learning Outcomes
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- Proficiency in presenting a complex, verbally described, financial scenario in mathematical symbolism.
- Competence in undertaking the mathematical analysis of the resultant mathematical expressions.
- Ability to appraise the derived solutions and figures for reasonableness and validity.
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Indicative Time Allowances
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Hours
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Lectures |
36
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Tutorials |
12
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Laboratories |
0
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Seminars |
0
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Independent Learning Time |
64.5
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Total |
112.5
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Placements |
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Assignments |
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NOTE
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Assume that a 7.5 credit module load represents approximately 112.5 hours' work, which includes all teaching, in-course assignments, laboratory work or other specialised training and an estimated private learning time associated with the module.
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Indicative Syllabus
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| Assessment | | Continuous Assessment | 25% | Examination Weight | 75% |
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Indicative Reading List
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- An Introduction to the Mathematics of Finance, JJ McCutcheon and W E Scott, Published by the Institute of Actuaries & the Faculty of Actuaries, Butterworth-Heinemann 1999. ISBN 0 7506 0092.
- ActEd Study Materials: 2003 Examinations - Subject 102, The Actuarial Education Company, ) IFE: 2003 Examinations.
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Programme or List of Programmes
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| FM | BSc in Financial & Actuarial Mathematics |
| MS | BSc in Mathematical Sciences |
| Archives: | |
