Actuarial Statistics Specialisation

The Actuarial Statistics specialisation is designed for students who wish to:

Develop a greater understanding of statistical principles and their application in actuarial science;
Gain Foundation Program exemptions through the Actuaries Institute;
Improve analytical skills for interpreting and analysing actuarial and statistical 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 and statistics.

Learning Outcomes

Recognise the important role of statistical principles and their application in actuarial science;
Demonstrate the necessary analytical skills for interpreting and analysing actuarial and statistical information;
Critically engage with and evaluate actuarial and statistical problems.

This specialisation is incompatible with the Actuarial Studies specialisation.

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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

STAT6013 Principles of Mathematical Statistics for Actuarial Studies

STAT6014 Regression Modelling for Actuarial Studies

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 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

24 units from completion of the following course(s):

Code	Title	Units
	FINM 7003: Continuous Time Finance
FINM7008	Applied Investments	6
	FINM 7041: Applied Derivatives
	STAT 6039: Principles of Math Stats
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
MATH1113	Mathematical Foundations for Actuarial Studies	6

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