Aims and Features
Actuarial Science is a separate discipline with its own area of knowledge requiring multidisciplinary knowledge in probability, statistics, economics, investment, finance, law, taxation and accounting. Based on the evaluation of the financial, economic and business implications of future contingent events, actuarial science proves to be very useful in the business world, including the insurance industry as well as the banking and finance fields.
The HKU BSc in Actuarial Science (Programme Code: 6729), the only programme of its kind in Hong Kong, provides formal academic training to students who wish to join the actuarial profession. The programme is designed to provide specialist training in actuarial science and prepare students for the professional examinations towards being qualified as an actuary with internationally-recognised qualifications. Students will learn to tackle different problems in actuarial science and related fields using effective quantitative methods, and become proficient in formulating and communicating practicable business strategies.
In addition, the Department of Statistics and Actuarial Science has introduced the Internship Programme and Career Advising Programme to help students seize career opportunities readily. Students will gain insight into the challenging world and daily activities of an actuary while strengthening their technical, analytical and communication skills. Mentorship, company visits, career fair and other professional preparation activities are organised to further students’ learning beyond classrooms.
For more information, please read our Programme Brochure for 2019-20 or visit the Faculty of Science’s website (https://www.scifac.hku.hk/prospective/ug/6729-bsc-actuarsc).
For the collection of Facebook posts and stories about the programme, please click #HKU6729ActuarialScience.
| Study Programme
||Total number of students in 2018-19 (from year 1 to 4)
| 6729 Bachelor of Science in Actuarial Science
|Updated on OCT 24, 2018|
What is so special about the HKU Actuarial Science programme?
- Admitting top students through the JUPAS scheme each year, the programme is flexibly structured so that those who are more mathematical oriented can find sufficient interesting challenges while those who are more applied can receive a lot of exposures to the business and industry.
- The Department of Statistics and Actuarial Science has the best and largest group of researchers in Actuarial Science in Asia, and has been designated as a Center of Actuarial Excellence by the Society of Actuaries since December 2011. The designation is awarded to schools which demonstrate excellence in actuarial science through meeting strict criteria in quality of curriculum, number and quality of graduates, qualified faculty, strong ties to business, and beneficial research and scholarship.
- It has obtained accreditation from the Institute and Faculty of Actuaries (IFoA), the UK's only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally. Students who graduate with a BSc(ActuarSc) degree from HKU with the required marks in specified subjects will be exempted from taking various IFoA subjects (e.g. CT1-CT8) as they begin their journey towards qualifying as an actuary.
- The programme has also obtained Validation by Educational Experience (VEE) approval from the Casualty Actuarial Society, the Society of Actuaries and the Canadian Institute of Actuaries in North America.
- Job opportunities for actuaries are vast and available in a variety of industries. Financial institutions like insurance firms, investment banks, accounting firms, government/regulatory bodies, risk/asset/liability management consulting firms, even universities are hiring our Actuarial Science graduates.
- As the first programme of its kind in Hong Kong, it has built a large and active network of alumni in the industry. All major insurance companies and many well-known financial institutions in Hong Kong have our graduates, and many of them hold a senior manager or higher position.