Handbook

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Overview

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,… For more content click the Read More button below.

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(ACTL5200 Actuarial Theory and Practice A, 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/ACTL5200, corresponds to the Part II courses of the professional examinations of The Institute of Actuaries of Australia.

Conditions for Enrolment

Prerequisite:(ECON1102 and ACCT1511 and FINS1613 and ACTL2102) PLUS (prerequisite 2 courses out of ACTL3141, ACTL3151, ACTL3162 and ACTL3182) PLUS (prerequisite/co-requisite: ACTL3141 and ACTL3151) PLUS program overall WAM of 60.

Equivalent Courses

Course Outline

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Fees

Type	Amount
Commonwealth Supported Students (if applicable)	$1370
Domestic Students	$5430
International Students	$5430

Disclaimer

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Commonwealth Supported Students:

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Where a Commonwealth Supported fee is displayed it does not guarantee that such places are available.

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)

Actuarial Theory and Practice A

ACTL4001

6 Units of Credit