The academic content and curriculum of the Bachelor of Actuarial Sciences is designed to provide students with the mathematical and statistical skills required in the field of financial risk management and insurance. The program is based on basic sciences and mathematical disciplines and aims to teach students actuarial theory and its applications.
The curriculum usually includes courses in basic mathematics and statistics. These include differential and integral calculus, linear algebra, probability theory and statistical methods. These courses provide the mathematical foundation necessary for students to understand more advanced actuarial topics.
Courses in finance and economics are also an important part of the program. These courses cover the functioning of financial markets, macro and micro economic theories, investment management and corporate finance. Through these courses, students learn the impact of financial systems and economic factors on risk management.
Specifically, actuarial courses include subjects such as insurance mathematics, life insurance mathematics, pension fund mathematics and risk theory. These courses teach students the mathematical foundations of insurance products and pension plans, risk assessment methods and actuarial modeling techniques.
The program also offers courses in financial modeling, data analysis and computer programming. In these courses, students learn the computer software and programming languages necessary to process, analyze and interpret financial data. These skills increase actuaries' effectiveness in solving complex financial problems and making data-based decisions.
Another important component of the curriculum is the ethics and professional standards courses. These courses familiarize students with the ethical issues and professional responsibilities they may encounter in professional practice.
Finally, the program often provides students with the opportunity to apply their theoretical knowledge through real-world examples and case studies. This allows students to consolidate their theoretical knowledge by applying it to practical settings and to be better prepared for the world of work after graduation.