Handbook

There is a more recent version of this academic item available.

Overview

This course covers the actuarial professional syllabus for survival analysis, providing students with the technical skills for the estimation of survival models and highlighting their applications in insurance, finance, demography and epidemiology. Such models can be used to understand and predict risks associated with contingent events (such as mortality, health status changes, credit defaults), leading to more accurate quantification and management of these risks. Specific topics include: survival models and actuarial notation; estimation of lifetime distributions; maximum likelihood estimation of transition intensities in multiple state models and intensities dependent on age and duration; graduation of crude estimates and tests of fidelity and smoothness; and models for the projection of mortality trends. A particular focus will be placed on the implementation of the concepts using numerical computer packages. Issues around ethics and discrimination will also be considered.

Conditions for Enrolment

Prerequisite: (ACTL2131 or MATH2901) and (ACTL3142 or MATH2931) and ACTL2102

Equivalent Courses

Delivery

Multimodal - 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.

This Handbook is a comprehensive catalogue of our offerings and includes courses that can be taken to satisfy program requirements irrespective as to their availability for a particular year. Availability of courses is best checked using filters on this site or on the class timetable site.

Course Outline

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Fees

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

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)

Faculty
Faculty: The primary academic unit in which related disciplines of teaching and research are conducted.

School
School: The academic unit responsible for teaching in disciplines or subject areas (school is part of a faculty).

Study Level
Study Level refers to the academic level of a program, specialisation or course.

Undergraduate

Offering Terms
Depending on the Academic Calendar type, an offering term generally refers to an academic teaching period of between 8-13 weeks in duration.

Term 1

Campus

Sydney

Academic Calendar

Field of Education

010103 Statistics

Modelling and Prediction of Life and Health Related Risks

ACTL3141

6 Units of Credit