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STAT1031 Introduction to Actuarial Studies

First Year Course

Offered By School of Finance, Actuarial Studies & Appl Stats
Academic Career Undergraduate
Course Subject Statistics
Offered in Second Semester, 2011
Unit Value 6 units
Course Description

This course is designed to provide an introduction to the quantitative and qualitative aspects of actuarial work.  Topics covered include: the role, purpose and capabilities of actuaries; introduction to the financial services market in Australia; an overview of insurance and investment products; construction and use of the life table; allowing for uncertainty in financial calculations; calculation of premiums and reserves; introduction to Microsoft Excel and simulation techniques; professionalism; and the actuarial code of conduct.  This course is aimed at anyone interested in the work of actuaries, not just actuarial studies students.

Learning Outcomes On completion of this course students should understand and be able to apply the processes and applications outlined in the course description.
Workload

At least three contact hours per week

Areas of Interest Actuarial Studies and Statistics
Prescribed Texts See Course Website:   http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031
Preliminary Reading

See Course Website:   http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031

 

Indicative Reading List See Course Website:   http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031
Other Information

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031

Academic Contact See: http://ecocomm.anu.edu.au/courses/course.asp?code=STAT1031

The information published on the Study at ANU 2010 website applies to the 2010 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2009 website.

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