Control Cycle 1 STAT8040  - Details

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Offered By: School of Finance and Applied Statistics
Academic Career: Graduate Coursework
Course Subject: Statistics
Offered in: First Semester, 2010
Unit Value: 6 units
Course Description:

Insurance markets and products; underwriting and risk assessment; policy design; actuarial modelling; actuarial assumptions and feedback; reserving methods.

Learning Outcomes: Understanding of insurance markets and products; underwriting and risk assessment; policy design; actuarial modelling; actuarial assumptions and feedback; reserving methods.
Indicative Assessment:
  • Examination 80%
  • Class Presentation 10%
  • Investment Assignment 10%
Workload: 10 hours / week
Course Classification(s): AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs. and SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation.
Areas of Interest: Actuarial Studies
Eligibility: At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with at least two years of university level statistical and mathematical study including calculus and linear algebra, as well as mathematical statistics and linear regression theory.
Prescribed Texts: See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/STAT8040.pdf
Preliminary Reading:

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/STAT8040.pdf

 

Indicative Reading List: See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/STAT8040.pdf
Programs: Graduate Certificate in Actuarial Studies and Master of Actuarial Studies
Other Information:

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=STAT8040

Academic Contact: See: http://ecocomm.anu.edu.au/courses/course.asp?code=STAT8040