| Offered By: |
School of Finance and Applied Statistics |
| Academic Career: |
Undergraduate |
| Course Subject: |
Statistics |
| Offered in: |
Second Semester, 2010 |
| Unit Value: |
6 units |
| Course Description: |
This course is designed to provide an introduction to the quantitative and qualitative aspects of actuarial work. Topics covered include: the role, purpose and capabilities of actuaries; introduction to the financial services market in Australia; an overview of insurance and investment products; construction and use of the life table; allowing for uncertainty in financial calculations; calculation of premiums and reserves; introduction to Microsoft Excel and simulation techniques; professionalism; and the actuarial code of conduct. This course is aimed at anyone interested in the work of actuaries, not just actuarial studies students. |
| Learning Outcomes: |
On completion of this course students should understand and be able to apply the processes and applications outlined in the course description. |
| Workload: |
At least three contact hours per week |
| Areas of Interest: |
Actuarial Studies and Statistics |
| Prescribed Texts: |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031 |
| Preliminary Reading: |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031 |
| Indicative Reading List: |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031 |
| Other Information: |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031 |
| Academic Contact: |
See: http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031 |