The Actuarial Studies specialisation is designed for students who wish to:
- Develop a greater understanding of actuarial principles and their application;
- Gain Foundation and/or Associateship Program exemptions through the Actuaries Institute;
- Improve analytical skills for interpreting and analysing actuarial information;
- Gain greater insight into the Australian and international financial markets;
- Increase management skills for dealing with organisations, teams and policy issues; and,
- Expand their applied knowledge in various specialised areas of actuarial studies.
Learning Outcomes
Recognise the important role of actuarial principles and their application.
Interpret and analyse actuarial information.
Demonstrate an understanding of the Australian financial market as it applies to actuarial work.
Critically engage with and evaluate actuarial problems.
Other Information
This specialisation is incompatible with the Actuarial Statistics specialisation.
Relevant Degrees
Requirements
This specialisation requires the completion of 24 units, which must consist of:
A minimum of 12 units from the completion of the following:
ACST6500 Extension Topics in Actuarial Studies
ACST8032 Actuarial Data Analysis
ACST8040 Actuarial Control Cycle 1
ACST8041 Actuarial Control Cycle 2
ACST8050 Research Essay in Actuarial Studies
FINM8006 Advanced Investments
A maximum of 12 units from the completion of the following:
BUSN7008 Financial Statements and Reporting
ECON8069 Business Economics
FINM6006 Continuous Time Finance
FINM6041 Applied Derivatives
FINM7006 Applied Foundations of Finance
FINM7007 Applied Corporate Finance
FINM7008 Applied Investments
STAT6013 Principles of Mathematical Statistics for Actuarial Studies
STAT6014 Regression Modelling for Actuaries
STAT6042 Survival Models
STAT6043 Life Contingencies
STAT6045 Actuarial Techniques
STAT6046 Financial Mathematics
STAT6057 Risk Modelling 1
STAT6058 Risk Modelling 2
STAT7004 Introduction to Stochastic Processes
A minimum of 12 units must come from completion of courses from the following list:
Code | Title | Units |
---|---|---|
ACST8033 | Investment and Asset Modelling | 6 |
ACST8040 | Actuarial Control Cycle 1 | 6 |
ACST8041 | Actuarial Control Cycle 2 | 6 |
ACST 8047: Adv Life Insurance | ||
ACST 8048: Adv General Insurance | ||
ACST 8049: Adv Global Retirement Systems | ||
ACST8050 | Research Essay in Actuarial Studies | 6-12 |
FINM8006 | Advanced Investments | 6 |
A maximum of 12 units may come from completion of courses from the following list:
Code | Title | Units |
---|---|---|
BUSN7008 | Financial Statements and Reporting | 6 |
ECON8069 | Business Economics | 6 |
FINM 7003: Continuous Time Finance | ||
FINM7006 | Applied Foundations of Finance | 6 |
FINM7007 | Applied Corporate Finance | 6 |
FINM7008 | Applied Investments | 6 |
FINM 7041: Applied Derivatives | ||
STAT6039 | Principles of Mathematical Statistics | 6 |
STAT6043 | Life Contingencies | 6 |
STAT6045 | Actuarial Techniques | 6 |
STAT6046 | Financial Mathematics | 6 |
STAT 7042: Survival Models | ||
STAT 7018: Stochastic Modelling | ||
STAT 8035: Risk Theory | ||
STAT 8036: Credibility Theory |