STAT4767 Actuarial Science Internship (6 credits)

To be eligible for enrolling in STAT4767, students should do the following BEFORE the commencement of the internship.

• Apply for leave of absence (to the Faculty) and enrolment in STAT4767 (to the Department) before the start date of the internship. Late applications will NOT be accepted.

• Pass at least 24 credits of advanced level statistics courses, which are prescribed in the BSc(ActuarSc) syllabus, including STAT3901 Life contingencies I before the start date of the internship.

• Complete year 2 study before the start date of the internship, i.e. after 4 semesters of study excluding summer semesters.

Enrolment Procedure

Step 1: Find internship

• Students should be undertaking a full-time internship related to Actuarial Science in a 6-month or longer duration.
• Students may seek the internship themselves or via the Department's Internship / Job Online-Application System.

Step 2: Apply and register after you have secured an internship offer

• If UG students receive full-time internship offers, they MUST apply for leave of absence to the Faculty of Science. Science students should submit leave of absence application together with a copy of employment contract via Science Online Application Submission System (OASS) (https://webapp.science.hku.hk/intranet/OnlineFormUG.html). If the contract and relevant documents are not ready yet, students should inform the Faculty about their intention of applying for leave at the earliest opportunity. Late applications may result in still having to pay the composition fees for the semester covered by the leave of absence period.

• Interested students should first complete the registration form¹ and send it to Mr. K.L. Ng at ugdoc@hku.hk with a copy of your internship appointment letter, contract or any other evidence of employment before the start date of your internship. Late applications will NOT be accepted.

Step 3: Receive confirmation

You will receive a (conditional) confirmation email, if applicable, which is based on the assumption that you have already fulfilled the enrolment requirements, including but not limited to the course pre-requisites. Please note that the contrary will render the application unsuccessful or have the confirmation revoked. The email should contain the registration result and if applicable, exact timeline of document submission.

Assessment

Assessment of this course is on a Pass or Fail basis (Students demonstrating excellent performance would be awarded a grade of Distinction). Besides the three required forms - Progress Report Form, Employer's Evaluation Form and Student Feedback Form, students would be assessed based on their (1) 1500-word written report on their internship experience; (2) oral presentation; and (3) participation in the Q&A session.

Upon successful application, students should submit the following documents according to the timeline² stated in the confirmation email. Students should also collect information during the internship, if necessary, for completing certain required work, e.g. written report.

1. Progress Report Form

Please make two different submissions: (i) the first one within two weeks from the job start date, and (ii) the second one within the first three days of the third month of your internship. You should show differences between the two submissions in terms of work progress and challenges.

 

2. Employer's Evaluation Form

Please invite your employer to return the Employer's Evaluation Form directly to the Department by the end of your internship or submission deadline, whichever is earlier (details refer to the confirmation email sent to students). Students should NOT submit the form on behalf of employers/supervisors.

 

3. Student Feedback Form

Please submit one soft copy by the end of your internship or submission deadline, whichever is earlier (details refer to the confirmation email sent to students).

 

4. 1,500-word Written Report^{2, 3} and 25-min Oral Presentation (20-min presentation plus 5-min Q&A session)

Submission / delivery date*

Semester 1:-
Submission of written report: mid-August to late-August
Oral presentation: within September to October

Semester 2:-
Submission of written report: mid-February to late-February
Oral presentation: within March to April

The schedule of oral presentation may be different from your actual enrollment because oral presentation will only be conducted in semester 1 or 2 for STAT4767, while the actual enrollment will be in semester 1, 2 or summer. (Typical cases for enrollment semester please refer to FAQ Q26.)

*Students will be notified by email of the details afterwards.

Additional Information

Below is a typical timeline for those who wish to start an actuarial internship in the summer (July) after their year 2 study:

If you want to fulfil the capstone requirement without doing an internship, you can also consider enrolling in STAT4711 Capstone experience for actuarial science undergraduates or STAT4798 Statistics and actuarial science project.

Meanwhile, although some students are not eligible to enrol in STAT4767, they are still eligible to apply for leave of absence for undertaking the internship.

For the Faculty's Guidelines on Actuarial Internship and STAT4767, please visit: here

Forms

Please note that different forms may have different requirements, e.g. submission method, etc. Please complete and submit the forms according to the instructions as prescribed in each individual form.

• Registration Form
• Progress Report Form
• Employer's Evaluation Form
• Student Feedback Form

Frequently Asked Questions (FAQ) for Internship Courses

Regarding the details of the internship courses (e.g., registration, enrollment and assessment), please visit the FAQ page.

Enquiry

* The above may be subject to changes.

Updated on November 4, 2024.