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STAT8047 Advanced Life Insurance

Offered By School of Finance and Applied Statistics
Academic Career Graduate Coursework
Course Subject Statistics
Offered in Second Semester, 2009 and First Semester, 2010
Unit Value 6 units
Course Description

Supervised reading course covering the details and practical understanding of the operation and regulation of the life insurance industry and the actuarial management of risks undertaken by life insurance companies.

Learning Outcomes

Practical understanding of the operation and regulation of the life insurance industry and the actuarial management of risks undertaken by life insurance companies.

Indicative Assessment
  • 15% Quizzes in class
  • 15% Assignment
  • 70% Final Exam
Workload

10 hours per 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 website:   http://ecocomm.anu.edu.au/courses/course.asp?code=STAT8047
Preliminary Reading

See Course Website:   http://ecocomm.anu.edu.au/courses/course.asp?code=STAT8047

Indicative Reading List See Course Website:   http://ecocomm.anu.edu.au/courses/course.asp?code=STAT8047
Programs Master of Actuarial Studies and Graduate Certificate in Actuarial Studies
Other Information

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=STAT8047

Academic Contact See http://ecocomm.anu.edu.au/courses/course.asp?code=STAT8047

The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions