The Actuarial Statistics specialisation is designed for students who wish to:
- Develop a greater understanding of statistical principles and their application in actuarial science;
- Improve analytical skills for interpreting and analysing actuarial and statistical information;
- Gain greater insight into the Australian and international financial markets;
- Increase management skills for dealing with organisations, teams and policy issues; and,
- Expand their applied knowledge in various specialised areas of actuarial studies and statistics.
Learning Outcomes
Graduates who have successfully completed the specialisation in actuarial statistics will be able to:
1. Recognise the important role of statistical principles and their application in actuarial science;
2. Demonstrate the necessary analytical skills for interpreting and analyzing actuarial and statistical information;
3. Demonstrate well developed insight into the Australian and international financial markets;
4. Justify and communicate the necessary management skills for dealing with organizations, teams and policy issues, so as to be able to work independently and collaboratively to collect, process, interpret and communicate the outcomes of actuarial and statistical problems; and,
5. Demonstrate the skills necessary to critically engage with and evaluate actuarial and statistical problems.
Relevant Degrees
Requirements
This specialisation requires the completion of 24 units, which must consist of:
24 units from completion of the following course(s):
Code | Title | Units |
---|---|---|
FINM7003 | Continuous Time Finance | 6 |
FINM7008 | Applied Investments | 6 |
FINM7041 | Applied Derivatives | 6 |
STAT6039 | Principles of Mathematical Statistics | 6 |
STAT6043 | Life Contingencies | 6 |
STAT6045 | Actuarial Techniques | 6 |
STAT6046 | Financial Mathematics | 6 |
STAT7042 | Survival Models | 6 |
STAT7018 | Stochastic Modelling | 6 |
STAT8035 | Risk Theory | 6 |
STAT8036 | Credibility Theory | 6 |
MATH1113 | Mathematical Foundations for Actuarial Studies | 6 |