STAT30150 BAFS Professional Work Placement

Academic Year 2024/2025

AFS students gain practical work experience. Students are required to complete a 6-month placement.Those interested in pursuing an actuarial career often take their placement with an insurance company (life, general or reinsurance) or consulting firm. Those interested in banking, finance or investment often complete their placement with a bank or asset manager.

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Curricular information is subject to change

Learning Outcomes:

They will depend on the specific placement but should include most of the following:-Apply technical skills to validate and / or analyse data, build models and analyse and validate results from models, perform checks, communicate through oral and written reports, develop understanding of professional responsibility and accountability, understand customer viewpoint, understand general business environment, understand specific business products and processes, demonstrate ability to use variety of IT systems effectively, demonstrate ability to work effectively in a team

Student Effort Hours: 
Student Effort Type Hours
Placement/Work Experience




Approaches to Teaching and Learning:
On the job training 
Requirements, Exclusions and Recommendations
Learning Requirements:

Successfully completed Year 1 and 2 of the AFS degree programme

Module Requisites and Incompatibles
Not applicable to this module.
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Reflective Assignment: Interim report n/a Pass/Fail Grade Scale Yes


Reflective Assignment: Final report n/a Pass/Fail Grade Scale Yes


Carry forward of passed components
Remediation Type Remediation Timing
In-Module Resit Prior to relevant Programme Exam Board
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Self-assessment activities

How will my Feedback be Delivered?

Not yet recorded.