• Total units 24 Units
  • Specialisation code ASTA-SPEC
  • Academic career Postgraduate
Actuarial Statistics Specialisation

The Actuarial Statistics specialisation is designed for students who wish to:

  • Develop a greater understanding of statistical principles and their application in actuarial science;
  • Improve analytical skills for interpreting and analysing actuarial and statistical information;
  • Gain greater insight into the Australian and international financial markets;
  • Increase management skills for dealing with organisations, teams and policy issues; and,
  • Expand their applied knowledge in various specialised areas of actuarial studies and statistics.

Learning Outcomes

Graduates who have successfully completed the specialisation in actuarial statistics will be able to:

1.     Recognise the important role of statistical principles and their application in actuarial science;

2.     Demonstrate the necessary analytical skills for interpreting and analyzing actuarial and statistical information;

3.     Demonstrate well developed insight into the Australian and international financial markets;

4.     Justify and communicate the necessary management skills for dealing with organizations, teams and policy issues, so as to be able to work independently and collaboratively to collect, process, interpret and communicate the outcomes of actuarial and statistical problems; and,

5.     Demonstrate the skills necessary to critically engage with and evaluate actuarial and statistical problems.

 

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Requirements

This specialisation requires the completion of 24 units, which must consist of:

24 units from completion of the following course(s):

Code Title Units
FINM7003 Continuous Time Finance 6
FINM7008 Applied Investments 6
FINM7041 Applied Derivatives 6
STAT6039 Principles of Mathematical Statistics 6
STAT6043 Life Contingencies 6
STAT6045 Actuarial Techniques 6
STAT6046 Financial Mathematics 6
STAT7042 Survival Models 6
STAT7018 Stochastic Modelling 6
STAT8035 Risk Theory 6
STAT8036 Credibility Theory 6
MATH1113 Mathematical Foundations for Actuarial Studies 6
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