Actuarial Theory and Practice A - ACTL4001

Faculty: Australian School of Business

School: School of Risk and Actuarial Studies

Course Outline: ACTL4001 Course Outline

Campus: Kensington Campus

Career: Undergraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisite: Admission to BCom Hons in Actuarial Studies

Equivalent: ACTL5100

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. This course, along with ACTL4002, corresponds to the Part II courses of the professional examinations of The Institute of Actuaries of Australia.