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HONOURS PROGRAMMES


     

    Honours Programme Convenor:
      

    A/Prof. Francesca Little

    Room 3-19, P D Hahn, North Entrance (Building 28)

    Phone: (021) 6503225 / 3219

    Fax: (021) 6504773

    Email: francesca.little@uct.ac.za

     

    Contents:
    1. Summary of programmes 2. Programme structure
    3. Admission requirements 4. Application procedure and form
    5. Starting date 6. Rules for BSc(Hons) in Actuarial Science

     

     

    Summary of Programmes:

     

    The following are the full honours programmes offered in the department:

     

    STA4006W BCom(Hons) in Statistics
    STA4007W  BSc(Hons) in Statistical Sciences
    STA4019H

    Statistical Sciences for Actuaries (constituting 65% of the requirements for BSc(Hons) in Actuarial Science)

    STA4010W

    Honours year requirement for BBusSc (Quantitative Management)

    (4 course credits for the BBusSc curriculum)

     

    In addition, to the above full honours programmes, opportunity is also provided (primarily to 4th year BBusSc students in streams other than quantitative management) to take a selection of course-work modules from the honours programme, equivalent to either a full- or half-year course:

     

    STA4011W

    This requires completion of 10 credits from the honours programmes listed below, and gives credit equivalent to a full fourth-year level course (2 course credits for BBusSc)

    STA4016H

    This requires completion of 6 credits from the honours programmes

    listed below, and gives credit equivalent to a half fourth-year level

    course (1 course credits for BBusSc)

    STA4017H

    This option allows students who have completed STA4016H in

    a previous year, to take the additional modules to complete the

    equivalent of the STA4011W course.

     

    Basic Programme Structures:

     

    Requirements for each programme are expressed in terms of numbers of credits (which

    may or may not bear any relationship to the definitions of "credits" used anywhere

    else in the university!) Broadly speaking, one credit is the equivalent of half of an

    honours semester module (typically about 12 formal lectures plus associated practical

    or assignment work).

     

    Each programme has a set of core modules, all of which have to be passed, plus a

    number of electives to make up a total required number of credits. Students may fail

    in one elective module and still get the relevant credit, provided that a mark of at

    least 40% is attained for that elective. Students are expected to take at least one more

    than the the minimum number of electives, and the best of the marks for the required

    minimum number of electives will be taken into consideration in calculating the final

    grade. Electives may, with the permission of the programme convenor, be taken from

    honours modules in other departments. At most one elective may be substituted by an

    undergraduate course (again with the approval of the programme convenor).

     

    Core requirements and total numbers of credits depend on the programme chosen, and in

    some cases also on the undergraduate stream followed. The requirements are summarized

    in the following table.

     

    Core Courses or Modules Credits STA4007W/

    STA4006W

    (Math Stats)

     

    STA4006W

    (Bus Stats)

    STA4019H* STA4010W

    (Math Stats)

    STA4010W

      (Bus Stats)

    Project 6 x x x x x
    Statistical Computing & Practice 2 x x x x x
    Professional Communications 1 x x x    
    Matrix Methods 1 x x x x x
    Theory of Statistics A 4 x     x  
    Theory of Statistics B 6   x     x
    Operations Research A 2 x     x  
    Operations Research B 2 x x   x x
     

    Total Core Credits

       

    18

     

    18

     

    10

     

    17

     

    17

     

    Total Required Credits

       

    24

     

    24

     

    16

     

    21

     

    21

    * See attached appendix for further details on rules for BSc(Hons) in Actuarial Science.

     

     

    The total required credits (including the additional module referred to above) must be made up by selecting additional modules, either from the core list (where these are not "core" for the relevant programme), or from the list of elective modules offered by the department (typically counting 2 credits each), or (with the permission of the programme convenor, as indicated above) from undergraduate or graduate courses in

    other departments.

     

    The electives which are being offered in the department for 2010 are as follows:

     

    Analysis of Survey data Semester 2
    Biostatistics Semester 1
    Decision Modelling Semester 2
    Econometrics Semester 1
    Multivariate Analysis Semester 1
    Portfolio Theory Semester 2
    Spatial Statistics Semester 1
    Time Series Analysis Semester 2

    It is unlikely that this selection will change substantially for 2011.

     

     

    Admission to the Programmes:

    Note that the Department of Statistical Sciences at the University of Cape Town offers two streams in the second and third years of study, currently (i.e. for students in their 3rd year in 2008) defined by the following courses:

  • The mathematical statistics stream, consisting of STA2004F, STA2005S, STA3041F and STA3043S;

  • The business statistics stream consisting of STA2020F, STA2030S, STA3030F and STA3036S.

    Admission to the honours programmes requires completion of the courses (or their equivalents at other universities) constituting one of these two streams, at a satisfactory level of performance (see below). A pass in MAM2000W or equivalent is normally also required.

     

    The following additional points relate to requirements of specific programmes:

  • Admission to either of the BSc(Hons) programmes is restricted to students from the mathematical statistics stream;

  • Admission to STA4019H (Honours in Actuarial Science) requires further that the student is  admitted by the Actuarial Science division of the School of Management Studies to BUS4027W and BUS4028F. See attached appendix for further details.

    Applicants fulfiling the minimum requirements above with an average of 65% or more in their 3rd year courses (at first attempt) can be confident of admission into the programme. Those not achieving the 65% level will be considered on a case-by-case basis, taking into consideration performance in other courses, provided that space is available. It is unlikely that those averaging less than 60% will be admitted.

     

     

    Application for Admission:

     

    All students who may be considering application for admission to any of the programmes listed above (even if not yet certain) should complete the form headed Notification to the Department of Statistical Sciences of intention to enter Honours Programmes in the Department, and hand it in at the reception desk of the Department of Statistical Sciences, or fax it to 021-650-4773, not later than 29 October 2010.

     

    In addition, those intending to register for BCom(Hons) or BSc(Hons) (i.e. STA4019H, STA4006W or STA4007W) must also apply to the University Central Admissions on the prescribed form (as they are in effect applying for entry to a new programme). The relevant forms are available from the Central Admissions Office or the Faculty Offices, and must be submitted with the necessary deposit to the UCT Admissions Office.

     

    Successful applicants will be informed of their admission into the programmes by 31 December 2010.

     

     

    Commencement Date:

     

    The letter of acceptance into the programmes will state the precise dates and times of the first meetings of the class. However, applicants should plan on being available from Monday 31 January 2011 (i.e. two weeks before the start of the undergraduate lectures).

     

     

    RULES FOR BSc(Hons) IN ACTUARIAL SCIENCE

     

     Candidates for the degree of BSc(Hons) in Actuarial Science need to pass all three of the following courses:

    STA4019H  - Statistical Sciences for Actuaries (see curriculum details below)

    BUS4027W  - Assets, Liabilities and Asset-Liability Management

    BUS4028F  -Financial Economics

     

     Students who have previously received credits for BUS4027W or BUS4028F or their equivalents, are required to substitute these by other courses from the Division of Actuarial Science (in consultation with the heads of the Department of Statistical Sciences and the Division of Actuarial Science, or their deputies).

     

     The overall grade for the honours degree will be a weighted average of the three courses, with weights allocated as follows: STA4019H 65%; BUS4027W 28%; BUS4028F 7%. In the event of other courses being substituted in terms of rule 2, the relative weights will be determined by the Honours Convenor in Statistical Sciences, but with the requirement that the weight of STA4019H remains at 65%.

     

     Students will be permitted to register for BUS1034S (professional communications for actuarial science) in place of the internal module on professional communications. In this case, they will register as occasional students concurrently with the Honours programme (and will pay the fee).

     

     Students passing STA4019H, but failing in BUS4027W or BUS4028F, may repeat BUS4027W or BUS4028F once and still qualify for the BSc(Hons) degree.

     

    Course Content for STA4019H

     

    The curriculum for STA4019H will consist of a minimum of 16 internal departmental credits for the honours programme (or 15 credits if they opt to complete the BUS1034S course on professional communications for actuarial science) . These credits must include the core modules:

    Project                                          - 6 credits

    Statistical Computing and Practice      - 2 credits

    Matrix Methods                                - 1 credit

    Professional Communications              - 1 credit (if BUS1034S not taken)

    The remaining 6 credits may be selected from honours modules in the Department of Statistical Sciences, or may include 2 credits from honours modules in other departments (with the remaining 6 credits from the Department of Statistical Sciences). Students are required to take at least one more than the minimum number of electives, and the best of the marks for the required minimum number of electives will be taken into consideration in calculating the final grade.

     

    Each core module must be passed (i.e. a mark of 50%). A sub-minimum of 40% is allowed for at most one elective module, provided that the overall average for the course is above 50%.

Last updated: 21 July 2009

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