Introduction to Actuarial Studies STAT1031  - Details

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First Year Course


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