Actuarial Theory and Practice A - ACTL5100

Faculty: UNSW Business School

School: School of Risk and Actuarial Studies

Course Outline: ACTL5100 Course Outline

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisite: (ECON5103, ACTL5102, ACTL5108) PLUS (prerequisite 2 courses out of ACTL5106, ACTL5109, ACTL5104 and ACTL5105) PLUS (prerequisite/co-requisite: ACTL5104 and ACTL5105) PLUS program overall WAM of 60.

Equivalent: ACTL4001

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

Description

This course develops the theory and practice underlying the actuarial management of risk-based and other products offered by financial institutions. The course draws examples from actuarial practice and discusses implications for life insurance, general insurance, superannuation, asset-liability management and other areas where actuaries are involved in product design, pricing, reserving, investment and surplus management. The course emphasises recent developments in actuarial theory.