Study information

Actuarial and Mathematical Finance Project - 2024 entry

MODULE TITLEActuarial and Mathematical Finance Project CREDIT VALUE60
MODULE CODEMTHM060 MODULE CONVENERUnknown
DURATION: TERM 1 2 3
DURATION: WEEKS 11 11
Number of Students Taking Module (anticipated) 25
DESCRIPTION - summary of the module content

In this module you will gain experience of independent work by in-depth research into an open-ended problem agreed with your Project Supervisor and building on the taught course content. Part way through the project, you will present your work to date to a group of academics and fellow students in order to obtain feedback on your progress and at the end of the project, you will write a coherent and comprehensible account of your work in the form of a dissertation. Computational work using MATLAB, or other appropriate software, may form part of the Actuarial and Financial Mathematics Project.

AIMS - intentions of the module

This module provides the opportunity for you to produce a well-researched project in actuarial and/or mathematical finance, either complementing or extending material in the taught part of the programme. By taking this module, you will develop your research skills and become familiar with current research literature.

INTENDED LEARNING OUTCOMES (ILOs) (see assessment section below for how ILOs will be assessed)

On successful completion of this module you should be able to:

Module Specific Skills and Knowledge

1. review and appraise recent research in some aspect of actuarial and/or mathematical finance;

Discipline Specific Skills and Knowledge

2. apply computational and/or theoretical reasoning to analysing challenges in actuarial and/or mathematical finance;

Personal and Key Transferable / Employment Skills and Knowledge

3. write a concise, clear and accurate technical report;
4. work independently and to a deadline on an open-ended problem
5. give a cogent oral presentation on your work to a non-specialist audience.

 

SYLLABUS PLAN - summary of the structure and academic content of the module

Term 2: You will be given details of arrangements for the project, and required to choose a topic. Advice on possible topics for this module and on prospective supervisors is available from the module leader. The choice of topics and supervisors will be finalised by the middle of Term 2.

Easter vacation and summer: you research and write the project. Regular meetings are held with the supervisor. The oral presentation is given in June following the exam period. The project dissertation must be submitted by the due date (around September 1st) and must comply with University and Faculty submission requirements.

 

LEARNING AND TEACHING
LEARNING ACTIVITIES AND TEACHING METHODS (given in hours of study time)
Scheduled Learning & Teaching Activities 22 Guided Independent Study 578 Placement / Study Abroad 0
DETAILS OF LEARNING ACTIVITIES AND TEACHING METHODS
Category Hours of study time Description
Scheduled Learning and Teaching Activities 22 Individual supervision
Guided Independent Study 578 Private study and assessment preparation

 

ASSESSMENT
FORMATIVE ASSESSMENT - for feedback and development purposes; does not count towards module grade
Form of Assessment Size of Assessment (e.g. duration/length) ILOs Assessed Feedback Method
Weekly Exercises 4 hours each All Verbal

 

SUMMATIVE ASSESSMENT (% of credit)
Coursework 100 Written Exams 0 Practical Exams 0
DETAILS OF SUMMATIVE ASSESSMENT
Form of Assessment % of Credit Size of Assessment (e.g. duration/length) ILOs Assessed Feedback Method
Written dissertation 90 Not to exceed 50 pages of A4 including: tables / diagrams / appendices / bibliography 1, 2, 3, 4 Written
Presentatiom 10 10 minutes + questions 1, 2, 3, 5 Written

 

DETAILS OF RE-ASSESSMENT (where required by referral or deferral)
Original Form of Assessment Form of Re-assessment ILOs Re-assessed Time Scale for Re-assessment
Written dissertation and presentation Written dissertation 1-4` Referral/deferral period

 

RE-ASSESSMENT NOTES

Reassessment will be by resubmission of the written dissertation only. For referred candidates, the mark will be capped at 50%. For deferred candidates, the mark will be uncapped.

RESOURCES
INDICATIVE LEARNING RESOURCES - The following list is offered as an indication of the type & level of
information that you are expected to consult. Further guidance will be provided by the Module Convener
  • Research papers and relevant sections of textbooks as appropriate to the topic of the individual project. Suitable references will be suggested by the programme coordinator in advance of the projects commencing.

 

Reading list for this module:

There are currently no reading list entries found for this module.

CREDIT VALUE 60 ECTS VALUE 30
PRE-REQUISITE MODULES None
CO-REQUISITE MODULES None
NQF LEVEL (FHEQ) 7 AVAILABLE AS DISTANCE LEARNING No
ORIGIN DATE Wednesday 20th September 2023 LAST REVISION DATE Monday 23rd September 2024
KEY WORDS SEARCH Mathematics; project; dissertation; finance; actuarial

Please note that all modules are subject to change, please get in touch if you have any questions about this module.