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Overview

This course introduces the stochastic models used by actuaries to model both liabilities and assets and illustrates their applications in actuarial work. Topics covered include main features of a Markov chain and applications to experience rating; Markov process models and applications to insurance, survival, sickness and marriage models; simple time … For more content click the Read More button below.

Conditions for Enrolment

Pre-requisite: (ACTL2131 or MATH2901) and in Actuarial single or dual degrees.

Delivery

In-person - Standard (usually weekly or fortnightly)

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Course Outline

To access course outline please visit below link (Please note that access to UNSW Canberra course outlines requires VPN):
ACTL2102 Course Outline

Fees

TypeAmount
Commonwealth Supported Students (if applicable)$516
Domestic Students$5970
International Students$5970

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Commonwealth Supported Students:

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Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)
Pre-2019 Handbook Editions