Southampton, United Kingdom

Mathematics with Actuarial Science

Bachelor's
Table of contents

Mathematics with Actuarial Science at University of Southampton

Language: EnglishStudies in English
Subject area: mathematics and statistics
Qualification: BSc
Kind of studies: full-time studies
Bachelor of Science (BSc)
University website: www.soton.ac.uk

Definitions and quotes

Actuarial science
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuaries are professionals who are qualified in this field through intense education and experience. In many countries, actuaries must demonstrate their competence by passing a series of rigorous professional examinations.
Mathematics
Mathematics (from Greek μάθημα máthēma, "knowledge, study, learning") is the study of such topics as quantity, structure, space, and change. It has no generally accepted definition.
Science
Science (from Latin scientia, meaning "knowledge") is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.
Science
The men in the laboratory... cannot be said to observe the actual objects of their curiosity at all. ...The sense data on which the propositions of modern science rest are, for the most part, little photographic spots and blurs, or inky curved lines on paper. ... What is directly observable is only a sign of the "physical fact"; it requires interpretation to yield scientific propositions.
Susanne Langer, Philosophy in a New Key (1942)
Mathematics
If you are interested in the ultimate character of the physical world, or the complete world, and at the present time our only way to understand that is through the mathematical type of reasoning... the great depth of character of the universality of the laws, the relationships of things... I don't know any other way to do it, we don't know any other way to describe it accurately... or to see the interrelationships without it... don't misunderstand me, there are many, many aspects of the world that mathematics is unnecessary for... but we were talking about physics... to not know mathematics is a severe limitation in understanding the world.
Richard Feynman, "The Rules of the Game," The Pleasure of Finding Things Out (1999)
Mathematics
“It’s magic,” the chief cook concluded, in awe.
“No, not magic,” the ship’s doctor replied. “It’s much more. It’s mathematics.”
David Brin, Glory Season (1993), chapter 24
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