http://www.hku.hk/science

ENTRANCE REQUIREMENTS

In addition to satisfying the University entrance requirements, candidates for admission shall obtain Grade E or above in AL Pure Mathematics.

PROGRAMME AIMS AND FEATURES

The BSc(ActuarSc) programme is designed to provide specialist training in actuarial science and prepares students for the professional examinations of the (British) Faculty and Institute of Actuaries and the (North American) Casualty Actuarial Society and the Society of Actuaries to the Associateship level. The programme has exemption arrangements with the Institute of Actuaries. The programme has obtained Validation by Education Experience (VEE) with the Casualty Actuarial Society and the Society of Actuaries.

As of February 2009, 34 students participated in the HKU Worldwide Exchange Programme and have already obtained exchange offers, with 7 for a whole year and 27 for one semester. Our students have enjoyed their exchange experiences in prestigious universities such as University of California, Berkeley, University of Melbourne, University of Nottingham, University of Queensland, Kingston, Australian National University and University of Waterloo.

Employers offering internships to actuarial science students include major insurers, actuarial consulting firms, reinsurers, investment banks, auditing firms, and management consulting firms. Students will be informed from time to time when internship opportunities arrive.

BSc(ActuarSc) Curriculum Structure

Year I Year II Year III
Core courses
42 credits
Core courses
48 credits
Core courses
54 credits
Language courses
6 credits
Language courses
6 credits
Other elective courses
6 credits
Common core courses
6 credits
Common core courses
6 credits
Other elective courses
6 credits
Other elective courses
3 credits

Notes:
(1) The curriculum structure is subject to change.
(2) The Major-Minor option is not available to students taking Actuarial Science.

CAREER PROSPECTS

This programme provides formal academic training to students who wish to join the actuarial profession and become actuaries. This is the only programme of its kind in Hong Kong since 1994. In view of the booming insurance industry in Hong Kong and the rapid development of the China market, job prospects for actuaries are excellent.

Actuaries are concerned with the application of probability and statistical theory to problems of insurance, investment, pension, financial risk management and demography. The majority of actuaries work for life, health, and property/casualty insurance companies, which heavily rely on actuaries' judgment to ensure their financial security. Other actuaries work on actuarial consulting firms, offering their expertise on financial services, risk management, health care financing, pension plans, and asset/liability management. Recent graduates have diversified into reinsurers, auditing firms, investment banks and management consulting firms.

EXAMINATIONS/ASSESSMENTS

For each year of study, degree examinations are normally held in December for first semester courses and in May for second semester and full-year courses. In most courses, students' efforts in tests and their performance in continuous assessment, laboratory work, fieldwork, and research or project reports are taken into account besides their written examination performance when determining the final examination results.

CONTACTS FOR FURTHER INFORMATION

Tel: 2241-5285, 2859-2683
Fax: 2858-4620
Email: science@hku.hk
Website: http://www.hku.hk/science