STAT8041 Control Cycle A2

Offered By	Rsch Sch of Finance, Actuarial Studies & App Stats
Academic Career	Graduate Coursework
Course Subject	Statistics
Offered in	Second Semester, 2012
Unit Value	6 units
Course Description	Investments for different types of liabilities; assessment of solvency; analysis of experience; analysis of surplus; actuarial techniques in the wider fields, an introduction to professionalism.
Learning Outcomes	Upon successful completion of the requirements for this course, students will be able to: Monitor and assess experience Determine an appropriate assumption set Apply relevant approaches and techniques to the valuation of liabilities Measure, report and manage solvency Understand the methods and implications of various approaches to profit measurement Understand the calculation of appraisal values Apply appropriate techniques to the pricing of products and contracts; and Manage the business and respond to the experience
Indicative Assessment	Examination 70% Assignment 1 15% Assignment 2 15%
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.
Preliminary Reading
Programs	Master of Actuarial Studies and Master of Actuarial Studies
Other Information	Please refer to Course Website
Academic Contact	enquiries.fas@anu.edu.au

The information published on the Study at ANU 2012 website applies to the 2012 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2011 website.