Graduate Coursework

050802G

Sample Study Plan<table border="0" style="border-width: 0px; border-color: #000000"><tbody><tr><td style="border: #ffffff 1px solid">  </td><td style="border: #000000 1px solid">Semester 1 </td><td style="border: #000000 1px solid">Semester 2</td></tr><tr><td style="border: #000000 1px solid">Year 1 </td><td style="border: #000000 1px solid">STAT6038 Regression ModellingSTAT6043 Life Contingencies Elective (6 units)Elective (6 units) </td><td style="border: #000000 1px solid">STAT6045 Actuarial TechniquesSTAT7042 Survival ModelsElective (6 units)Elective (6 units)</td></tr><tr><td style="border: #000000 1px solid">Year 2</td><td style="border: #000000 1px solid">STAT8040 Control Cycle 1"Advanced" Elective (6 units) Elective (6 units)Elective (6 units)</td><td style="border: #000000 1px solid"> STAT8041 Control Cycle 2"Advanced" Elective (6 units) Elective (6 units)Elective (6 units)</td></tr></tbody></table>

3165 The program is designed for:<ul><li>Students who want to extend their study to an advanced academic level with a view to possible PhD level study. </li><li>Students with a good mathematics or statistics background but limited actuarial background who seek a 'conversion' option to develop the actuarial and other risk management skills to satisfy the Part I and II requirements of the Institute of Actuaries of Australia. </li><li>Students with an actuarial degree who seek to complete courses which are complementary to the Institute of Actuaries of Australia Part III requirements. </li><li>Students whose previous actuarial study was in a non-accredited program and who seek to complete their full professional studies through the ANU.</li></ul>Eligible domestic students undertaking the Master of Actuarial Studies degree program  may be able to access Youth Allowance, Austudy and the Pensioner Education Supplement. For full details, please visit: <a href="http://www.dest.gov.au/sectors/career_development/programmes_funding/programme_categories/student_income_support/" title="http://www.dest.gov.au/sectors/career_development/programmes_funding/programme_categories/student_income_support/">http://www.dest.gov.au/sectors/career_development/programmes_funding/programme_categories/student_income_support/</a>   All graduate coursework for domestic students in the ANU College of Business and Economics is offered under Domestic Tuition Fee places. Australian citizens may defer the payment of their fees using FEE-HELP, however should be aware that the programs are not eligible for Commonwealth Supported Places and HECS-HELP. Information on FEE-HELP and eligibility requirements is available from <a href="http://www.goingtouni.gov.au/" title="http://www.goingtouni.gov.au/">http://www.goingtouni.gov.au/</a>Admission Requirements<ol><li>Applicants are required to hold a pass degree in a business, economics, finance, mathematics or statistics discipline from an Australian university or equivalent overseas institution.</li><li>Applicants must have a performance average of 65% or better (or equivalent) held in the last two years of the undergraduate degree.</li><li>Students who fail to meet the academic entry requirement above may be considered for entry if they are able to demonstrate at least one year of full-time relevant work experience which was undertaken after graduation from the degree.</li><li>The suitability of students to enter the program will be at the discretion of the Dean.</li><li>Students entering the program are required to have an understanding of mathematics equivalent to at least one year of university level mathematics including calculus and linear algebra, as well as an introductory level understanding of mathematical statistics and financial mathematics. </li></ol>

Master of Actuarial Studies

Students must pass and achieve a grade average of 60% across the first 48 units attempted to progress to the second year of the program or to any other 2 Year Masters program in the Faculty.Degree Structure The program is 96 units consisting of 48 units of core courses and 48 units of elective courses.Core Courses (48 units) Year 1: STAT6045 Actuarial Techniques (6 units) STAT6038 Regression Modelling (6 units) STAT7042 Survival Models (6 units) STAT6043 Life Contingencies (6 units) Year 2: STAT8040 - Actuarial Control Cycle 1 STAT8041 - Actuarial Control Cycle 2 and at least two of: STAT8047 Advanced Life Insurance (6 units) STAT8048 Advanced General Insurance (6 units) STAT8049 Advanced Global Retirement Income Systems (6 units) FINM8006 Advanced Investments (6 units) Elective Courses (48 units) Electives courses to the value of at least 48 units are to be chosen from the following list or other approved courses offered within the faculty. FINM7008 Applied Investments (6 units) FINM7007 Financial Management (6 units) FINM7003 Continuous Time Finance (6 units) STAT8036 Credibility Theory (6 units) STAT6046 Financial Mathematics (6 units) STAT6039 Principles of Mathematical Statistics (6 units) STAT8035 Risk Theory (6 units) STAT7018 Stochastic Modelling (6 units) STAT8050 Research Essay in Actuarial Studies (6 units) A maximum of 12 units may be chosen from the current postgraduate courses offered within the faculty which are not included in the list above.

7410XMACTS

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4 2010