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)

Please note that the above delivery information is an indication on how this course may be delivered within the year.  Delivery mode(s) for each term can be viewed on other sources such as myUNSW and class timetable site.

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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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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)
Pre-2019 Handbook Editions