MSc in Applied Statistics (Actuarial Science)

Aims and Objectives

The MSc in Applied Statistics with Specialisation in Actuarial Science will serve a growing need for highly trained professionals in the Statistical and Actuarial sciences who possess the skills to analyse data with a view to provide support for informed decision making, and for addressing problems involving uncertainty in government, finance, insurance and business.

The objectives of the MSc Applied Statistics with Specialisation in Actuarial Science are:

(i)To provide postgraduate training to students in specialised application areas of statistics and actuarial science.

(ii)To strengthen students' quantitative skills by providing them with a solid foundation and a mastery of advanced statistical and actuarial techniques.

(iii)To enhance students' ability to use software, computer simulations and datamining techniques to find solutions to problems arising in planning and decision-making.

(iv)To prepare students for research in government, finance, insurance and business.