ETC2430 - Actuarial statistics

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Overview

This unit will introduce you to basic financial and stochastic techniques used in actuarial work, and will give an overview of some of the areas in which actuaries are currently involved. You will be introduced to the basic concepts involved in interest rates and time value of money, leading to … For more content click the Read More button below.

Offerings

S1-01-CLAYTON-ON-CAMPUS

Requisites

Prerequisite

STA1010

6 CP

Statistical methods for science

Business and economic statistics

Introduction to statistical analysis

FIT1006

6 CP

Business information analysis

SCI1020

6 CP

Introduction to statistical reasoning

Rules

Enrolment Rule

If you are enrolled in course B6014, there is no prerequisite to undertake this unit.

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.

Contacts

Chief Examiner(s)

Mr Hamza Hanbali

Teaching approach

Problem-based learning

Assessment

1 - Within semester assessment

2 - Examination

Scheduled and non-scheduled teaching activities

Lectures

Tutorials

Workload requirements

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.