Communications - MACT9530

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Module delivery information

Location Term Level1 Credits (ECTS)2 Current Convenor3 2024 to 2025
Canterbury
Combined Autumn and Spring Terms 7 15 (7.5) Peter McQuire checkmark-circle

Overview

Actuaries deal with complex concepts in multi-disciplinary teams, so it is vital that they can communicate clearly and effectively to a wider audience. This module helps students to develop the ability to present fundamental actuarial ideas and concepts clearly to a wide range of different recipients. Students will be expected to demonstrate effective communication skills using a variety of different media, including PowerPoint slide presentations, and formal/informal letters and e-mails. Exercises are based on real-world commercial situations, and include group exercises.

This module will cover a number of syllabus items set out in Subject CP3 published by the Institute and Faculty of Actuaries. This is a dynamic syllabus, changing regularly to reflect current practice.

Details

Contact hours

Total contact hours: 36
Private study hours: 114
Total study hours: 150

Method of assessment

Individual Presentation 15 minutes, approximately 9 minutes for presentation 35%
Group Presentation: Approximately 20 minutes 15%
Written Exercise (invigilated In-class test using computer): 2 hours 50%

Reassessment methods: Like-for-like.

If a student is re-taking the module and attending campus through the year for tuition, they will follow the same assessment method as students taking the module for the first time.
Where a student is re-taking the module, but not attending campus through the year for tuition, and a presentation element needs to be re-taken, this will be an individual assessment and will replace the contribution of the failed Individual Presentation and/or Group Presentation elements to the module total.

Indicative reading

This is primarily a practical module. The majority of the reading will be provided by specific lecture notes, but students should familiarise themselves with relevant financial publications such as the Financial Times, the Economist etc.

Study notes published by the Actuarial Education Company for subject CP3.

See the library reading list for this module (Canterbury)

Learning outcomes

The intended subject specific learning outcomes. On successfully completing the module students will be able to:

1 Draft communications relating to actuarial technical material intended to be read by a non-actuary, or by a specified person with technical actuarial skills, to a standard where the drafts would
* be acceptable as final documents without major changes or rewriting, though a moderate number of more minor changes might still be required
* be to a standard which might be appropriate for a newly qualified actuary, rather than a specialist experienced actuary
* convey the most important points clearly and contain no major mis-statements of fact or omissions or unsupported opinion

2 Create and perform oral presentations that would
* be to a standard which might be appropriate for a newly qualified actuary, rather than a specialist experienced actuary
* convey the most important points clearly
* be tailored towards the assumed knowledge of the audience

Notes

  1. Credit level 7. Undergraduate or postgraduate masters level module.
  2. ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
  3. The named convenor is the convenor for the current academic session.
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