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Australian National University

  • Code STAT3038
  • Unit Value 6 units
  • Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • Offered in Second Semester 2014
  • Course subject Statistics
  • Areas of interest Actuarial Studies, Statistics
  • Academic career Undergraduate
  • Course convener
    • Dr Adam Butt

This course provides a simplified model for solving actuarial problems in practice.  Sample actuarial problems are examined in detail, with solutions being developed using Excel and Visual Basic.  These solutions are then reported to the stakeholders of the problem.  The aim of this course is to develop actuarial capabilities beyond the technical foundations taught in other actuarial courses.

Learning Outcomes

Upon successful completion of the requirements for this course, students will be able to:

  • Identify actuarial problems in a variety of contexts.
  • Identify the key factors that need to be taken into account in solving actuarial problems.
  • Use computer-based tools to assist in solving actuarial problems.
  • Communicate in writing the results of the solution to the actuarial problem to a variety of stakeholders.

Indicative Assessment

  • Assignments – 60%
  • Final Exam – 40%

Workload

It is anticipated that students will spend on average 10 hours per week on the course, including time spent in class.

Requisite and Incompatibility

To enrol in this course you must have completed STAT2032 and completed or concurrently enrolled in STAT3004, STAT3036 and STAT3037.

Prescribed Texts

Weekly lecture notes will be available on Wattle. Hard copies of the lecture notes will not be provided in class. It is up to the student to print out the lecture notes from Wattle.

Other Information

Please refer to Course Website

Fees

Tuition fees are for the academic year indicated at the top of the page.  Tuition fees will be published by 1 October for the next year.

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Band 2
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500

Course Fees:

Domestic fee paying students

Year Commencing Fee
1994-2003 $2784
2004 $3084
2005 $3084
2006 $3090
2007 $3090
2008 $3090
2009 $3090
2010 $3090
2011 $3090
2012 $3090
2013 $3246
2014 $3246

International fee paying students

Year Commencing Fee
1994-2003 $2784
2004 $3084
2005 $3084
2006 $3132
2007 $3264
2008 $3264
2009 $3264
2010 $3576
2011 $3582
2012 $3582
2013 $3756
2014 $3762

Terms

Second Semester, 2014

Class number Class start date Last day to enrol Census date Class end date
7271 21 Jul 2014 08 Aug 2014 31 Aug 2014 30 Oct 2014

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