• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Course subject Actuarial Studies
  • Academic career UGRD
  • Course convener
    • Aaron Bruhn
  • Mode of delivery In Person
  • Offered in First Semester 2014
    See Future Offerings

Insurance markets and products; underwriting and risk assessment; policy design; actuarial modelling; actuarial assumptions and feedback; reserving methods.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

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

  • Discuss and apply an actuarial control cycle in a variety of practical commercial situations
  • Relate the main features within the general environment to medium and long-term commercial decisions
  • Analyse the main features of the financial services marketplace including products and distribution channels
  • Examine the need for, and impact of, regulation and government policy on medium and long-term commercial decisions
  • Recognise the importance of capital
  • Understand and apply an enterprise risk management framework to identify and assess the risks in a range of situations
  • Select and build an appropriate model to solve client problems
  • Discuss and apply the process of product design
  • Apply the tests of professionalism

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

  • Assignment 1: 3%
  • Assignment 2: 4%
  • Mid semester exam (redeemable): 15%
  • Essay: 8%
  • Final Exam: 70%

    The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

    Workload

    Four hours per week of lectures and/or tutorials plus private study time.
    Professional actuarial course for the Honours year of Actuarial Studies Degree.

    Requisite and Incompatibility

    To enrol in this course you must have completed ACST4004P/F or must be studying a Bachelor of Social Sciences (4444) (4444HBSOCS)

    Fees

    Tuition fees are for the academic year indicated at the top of the page.  

    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:
    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
    Domestic fee paying students
    Year 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 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
    Note: Please note that fee information is for current year only.

    Offerings and Dates

    The list of offerings for future years is indicative only

    First Semester

    Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
    3297 17 Feb 2014 07 Mar 2014 31 Mar 2014 30 May 2014 In Person N/A

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