• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Course subject Actuarial Studies
  • Areas of interest Actuarial Studies

This course aims to extend actuarial students' knowledge of modern analytical tools and techniques beyond those introduced in introductory actuarial courses.  It further aims to to teach students how to apply this knowledge in real-life business settings, preparing them for more complex and practice specific applications which will be taught in future courses in their actuarial education.

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. explain where and how their analytical work can add value to the business environment and strategy;
  2. source, interpret, evaluate and prepare data for modelling;
  3. select and justify appropriate predictive analytic techniques for a given business problem;
  4. apply predictive analytic techniques to solve estimation and classification problems;
  5. evaluate and compare performance of different models; and
  6. communicate findings to a range of audiences.
 

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 you must have previously completed STAT6045 and STAT8057.

Assumed Knowledge

Students are assumed to have a good grasp of the material from the CS1 and CS2 exemptions of the Actuaries Institute. 

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:
3
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
2019 $4320
International fee paying students
Year Fee
2019 $5700
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
8623 27 Jul 2020 03 Aug 2020 31 Aug 2020 30 Oct 2020 In Person N/A

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