300-101 Introduction to Actuarial Studies

Subject information

Search : Index : Faculty of Economics and Commerce : Actuarial studies
Next 300-203 Financial Mathematics I

300-101 Introduction to Actuarial Studies
Note	Students who have completed a level-2 actuarial studies subject will not normally be permitted to enrol in this subject.
Credit Points	12.5
HECS Band	2
Coordinator	R.M. Fitzherbert
Prerequisites	620-121 Mathematics A (Advanced) or 620-141 Mathematics A.
Semester	2 (view timetable)
Contact	Two 1-hour lectures and a 1-hour tutorial per week
Subject Description	This subject is an introduction to compound interest functions and operations; valuation of annuities, bonds and loans; demography, and factors affecting population growth and size; construction and use of the life table; applications of these in life insurance; types of insurance products; the role of the actuary; and the significance of financial institutions utilising actuarial management.
Assessment	A 2-hour end-of-semester examination (70%) and three assignments totalling not more than 4500 words (30%).

Search : Index : Faculty of Economics and Commerce : Actuarial studies
Next 300-203 Financial Mathematics I

Status:                   Official 2003
Last Modified:            Monday April 28 22:11
SGML to HTML Conversion:  Information Division - CWIS (SDI)
Authorised by:            Academic Registrar
Enquiries:                http://unimelb.custhelp.com/