2019 BSc Extended programme  Mathematical Sciences
Download the information here in one printable document: 2019 Registration Information.
BSc Actuarial and Financial Mathematics – First Year:
First year students should register for all the following modules. All modules are compulsory and there are no elective choices in first year.
Students who do not qualify for AIM 102 must register for AIM 111 and AIM 121.
First semester 

Code 
Name 
Credits 
EKN 110 
Economics 110 
10 
LST 110 
Language and Study Skills 110 
6 
FBS 112 
Financial Management 112 
10 
IAS 111 
Actuarial and Financial Mathematics in practice 111 
6 
UPO 102 
Academic orientation 102 
0 
WST 111 
Mathematical Statistics 111 
16 
WTW 114 
Calculus 114 
16 
WTW 152 
Mathematical modelling 
8 
Total credits for compulsory modules 
72 
Second semester 

Code 
Name 
Credits 
AIM 102 
Academic Information Management 102 
6 
EKN 120 
Economics 120 
10 
FBS 122 
Financial Management 122 
10 
IAS 121 
Actuarial and Financial Mathematics in practice 121 
6 
WST 121 
Mathematical statistics 121 
16 
WTW 123 
Numerical analysis 123 
8 
WTW 124 
Mathematics 124 
16 
Total credits for compulsory modules 
72 
BSc Actuarial and Financial Mathematics – Second Year:
Second year students should register for the modules set out below. Note that all modules are compulsory with the exception of the second semester where you should select either IAS 282 or WTW 221.
First semester 

Code 
Name 
Credits 
IAS 211 
Actuarial mathematics 211 Required: IAS 111, IAS 121, WTW114, WTW123, WTW124, WTW 152, WST111 & WST121 For students doing IAS 211 in 2019, IAS 111, IAS 121 and WTW 152 do not apply. 
12 
WST 211 
Mathematical statistics 211 Required: WST111, WST121, WTW114GS & WTW124GS 
24 
WST 212
OR INF 214 
Applications in data science 212 Required: WST 111, WST 121, WTW 114GS & WTW124GS
Informatics 214 Required: AIM102 or AIM111 & AIM121 
12
OR 14 
WTW 211 
Linear algebra 211 Required: WTW124 
12 
WTW 218 
Calculus 218 Required: WTW114 & WTW124 
12 
Total credits for compulsory modules 
72 (or 74) 
Second semester 

Code 
Name 
Credits 
IAS 221 
Actuarial mathematics 221 Required: IAS211 
12 
WST 221 
Mathematical statistics 221 Required: WST211GS 
24 
WTW 220 
Analysis 220 Required: WTW114, WTW124, WTW 211, WTW 218 
12 
WTW 264 
Differential equations 264 Required: WTW114 & WTW124 
12 
Total credits for compulsory modules 
60 

IAS 282 
Financial Mathematics 282 Required: IAS 211 
12 
WTW 221 
Linear Algebra 221 Required: WTW211, WTW 218 
12 
Total credits for elective modules 
12 
You have a choice between INF 214 (as before) and WST 212 (new). We recommend that you take WST 212, but it is up to you. Either subject will be recognised for your degree, but you will not get credit for both. An important aspect to keep in mind when making this decision is the exemption requirements. WST 212 will be included when considering exemptions for A212 in 2020. Therefore, if you are not completing the requirements for an A212 exemption in 2019, you should rather choose WST 212.
If you have not yet passed all your first year modules, you should discuss your study plan with the department. When preparing an updated study plan, you should consider the following information as well as the combinations of subjects (set out below) required to qualify for exemption from the Actuarial Society examinations.
BSc Actuarial and Financial Mathematics – Third Year:
Third year students should register for the six core modules set out below and for two elective modules in terms of the following options.
First semester core modules 

Code 
Name 
Credit 
WST 311 
Multivariate analysis 311 Required: WST211, WST221, WTW211GS & WTW218GS 
18 
WST 312 
Stochastic Processes 312 Required: WST211, WST221, WTW211GS & WTW218GS 
18 
WTW 354 
Financial engineering 354 Required: WST211, WTW211 & WTW218 
18 
Total credits for compulsory modules 
54 
Second semester core modules 

Code 
Name 
Credit 
WST 321 
Time series analysis 321 Required: WST211, WST221, WTW211GS & WTW218GS 
18 
WST 322 
Actuarial Statistics 322 Required: WST211, WST221, WTW211GS & WTW218GS 
18 
WTW 364 
Financial engineering 364 Required: WST211, WTW124, WTW218 & WTW264 
18 
Total credits for compulsory modules 
54 
Elective modules 

Code 
Name 
Credit 
Semester 
IAS 353 
Contingencies 353 Required: IAS 382, WST 312 For students doing IAS 353 in 2019 only: Students who meet the 60% for IAS 221 requirement and for some or other reason do not meet the IAS 382 and WST 312 requirements may apply for a waiver of prerequisites. 
18 
2 
IAS 382 
Survival models 382 Required: IAS 221 60%, IAS 282 60%, WST 211, WST 221, WTW 211, WTW 218 For students doing IAS 382 in 2019 only: students who do not meet the 60% for IAS 282, but who meet all the other requirements may apply for a waiver of prerequisites. 
18 
1 
WTW 310 
Analysis 310 Required: WTW 220 
18 
1 
WTW 320 
Complex Analysis 320 Required: WTW218, WTW220 
18 
2 
WTW 382 
Dynamical Systems 382 Required: WTW218, WTW264 
18 
1 
WTW 383 
Numerical Analysis 383 Required: WTW114, WTW 123, WTW124, WTW 211 
18 
2 
WTW 386 
Partial differential equations 386 Required: WTW 248 and WTW 264 
18 
1 
Total credits for elective modules 
36 

Students who want to complete the BSc (Actuarial and Financial Mathematics) degree, but are considering an honours degree in Mathematics, should in addition to the Financial Mathematics option take the module WTW381 for nondegree purposes.
Students who want to complete the BSc (Actuarial and Financial Mathematics) degree, but are considering an honours degree in Applied Mathematics, should take the Financial Mathematics option with any two of the modules WTW 382, WTW 383, WTW386, with one of them for nondegree purposes.
Students who want to complete the BSc (Actuarial and Financial Mathematics) degree, but are considering an honours degree in Mathematical Statistics, should take in addition to either option STK 353 for nondegree purposes.
Students who would like to continue with any of the alternative abovementioned honours degrees without taking additional credits can switch to the respective undergraduate programme during their third year. Students should note that they still qualify for exemptions from the Actuarial Society subjects if they switch to one of the alternative degrees.
If you have not yet passed all your first and second year modules, you should discuss your study plan with the department. When preparing an updated study plan, you should consider the following information as well as the combinations of subjects (set out below) required to qualify for exemption from the Actuarial Society examinations.
2019 BSc Extended programme  Mathematical Sciences (2nd year)
Students who are considering BSc(Actuarial and Financial Mathematics) and who meet the requirements should register for all the following modules.
First semester 

Code 
Name 
Credits 
EKN 110 
Economics 110 
10 
FBS 112 
Financial Management 112 Required: At least 6 (7079%) in Mathematics in the Grade 12 examination or WTW 133 (60%), WTW 143 (60%), WST 133 (60%) and WST 143 (60%) 
10 
IAS 111 
Actuarial and Financial Mathematics in practice 111 Required: At least 6 (7079%) in Mathematics in the Grade 12 examination or WTW 133 (60%), WTW 143 (60%), WST 133 (60%) and WST 143 (60%) 
6 
WST 153 
Mathematical Statistics 153 WST 133 and WST143 and WTW 143. Must be taken concurrently with WTW 153 
8 
WTW 152 
Mathematical modelling 
8 
WTW 153 
Calculus 153 Required: WTW 143 
8 
Total credits for compulsory modules 
50 
Second semester 

Code 
Name 
Credits 
EKN 120 
Economics 120 Required: EKN 110 GS 
10 
FBS 122 
Financial Management 122 FBS 112 
10 
IAS 121 
Actuarial and Financial Mathematics in practice 121 Required: WTW 153, WST 153, IAS 111 
6 
WST 121 
Mathematical statistics 121 WST 133, WST 143 and WST 153 
16 
WTW 123 
Numerical analysis 123 
8 
WTW 124 
Calculus and Algebra 124 
16 
Total credits for compulsory modules 
66 
Exemptions from Actuarial Society
We are awaiting confirmation of the exemption requirements from the Actuarial Society for 2019 going forward.
For registration purposes, the subjects that need to be taken in the same year to qualify for an exemption are as follows:
For the other exemptions, the order in which the required subjects are completed during your degree programme from 2019 going forward will not matter. For subjects done prior to 2019, the old exemption rules apply.
Note that only the first examination opportunity available in any module is taken into account for exemption purposes. Sick, supplementary and/or any other special exams are not considered.
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