• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Course subject Statistics
  • Areas of interest Actuarial Studies
  • Academic career PGRD
  • Mode of delivery In Person
  • Co-taught Course

This course continues coverage of techniques for risk modelling beyond those introduced in Risk Modelling 1, with an emphasis on application to insurance portfolios and financial risks.

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:
  1. Describe and calculate a range of measures of investment risk, and how insurance companies reduce risk.
  2. Describe and utilise compound Poisson processes to calculate the probability of ruin for a variety of insurance portfolios.
  3. Describe and utilise run-off triangle methods for valuing insurance liabilities.
  4. Describe and demonstrate knowledge and understanding of models for credit risk.
 

Indicative Assessment

Typical assessment may include, but is not restricted to: assignments and exams. 

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

Students are expected to commit at least 10 hours per week to completing the work in this course. This will include at least 3 contact hours per week and up to 7 hours of private study time.  

Requisite and Incompatibility

To enrol in this course, students must have completed STAT8057. Incompatible with STAT3035, STAT3036, STAT3058, STAT8035 and STAT8036.

Fees

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

Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees

Student Contribution Band:
1
Unit value:
6 units

If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found 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
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

There are no current offerings for this course.

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions