• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Classification Specialist
    Transitional
  • Course subject Statistics
  • Areas of interest Actuarial Studies
  • Academic career PGRD
  • Course convener
    • Dr Adam Butt
  • Mode of delivery In Person
  • Co-taught Course
  • Offered in Second Semester 2016
    See Future Offerings

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, students will have the knowledge and skills to:

Upon successful completion of the requirements for this course, students should have the
knowledge and skills to:

1. Identify actuarial problems in an assortment of diverse contexts.
2. Identify and be able to communicate the key factors that need to be allowed for in solving actuarial problems.
3. Implement computational techniques to solve actuarial problems.
4. Communicate in writing detailed results of the solution to actuarial problems to an
assortment of stakeholders.

Indicative Assessment

  • Assignments - 60%
  • Final Exam - 40%

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

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 be 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.

Specialisations

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. Tuition fees are indexed annually. 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
2016 $3480
International fee paying students
Year Fee
2016 $4638
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
7735 18 Jul 2016 29 Jul 2016 31 Aug 2016 28 Oct 2016 In Person N/A

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