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Australian National University

  • Code STAT6045
  • Unit Value 6 units
  • Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • Offered in Second Semester 2014
  • Classification Specialist
    Transitional
  • Course subject Statistics
  • Areas of interest Actuarial Studies
  • Academic career Graduate
  • 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 or concurrently enrolled in STAT6043 and STAT7018.

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.

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 $3234
2004 $3234
2005 $3234
2006 $3240
2007 $3240
2008 $3240
2009 $3240
2010 $3240
2011 $3240
2012 $3240
2013 $3240
2014 $3246

International fee paying students

Year Commencing Fee
1994-2003 $3234
2004 $3234
2005 $3234
2006 $3534
2007 $3618
2008 $3618
2009 $3618
2010 $3942
2011 $3942
2012 $3942
2013 $3942
2014 $3948

Terms

Second Semester, 2014

Class number Class start date Last day to enrol Census date Class end date
7346 21 Jul 2014 08 Aug 2014 31 Aug 2014 30 Oct 2014

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