300-334 Financial Mathematics III

Subject information

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300-334 Financial Mathematics III
Note	Students may not gain credit for both 300-334 Financial Mathematics III and either 306-331 Investments or 333-301 Investments.
Credit Points	12.5
HECS Band	2
Coordinator	To be advised
Prerequisites	300-204 Financial Mathematics II
Semester	1 (view timetable)
Contact	Three hours of lectures and/or tutorials per week
Subject Description	This subject introduces actuarial students to stochastic asset liability modelling. It aims to expand the student's knowledge of basic actuarial principles in the fields of investments and asset management. Topics include: utility theory, stochastic dominance, measures of investment risk, portfolio theory, models of asset returns, asset liability modelling, equilibrium models, the efficient markets hypothesis, and stochastic models of security prices.
Assessment	A 2-hour end-of-semester examination (80%) and up to three assignments totalling not more than 4500 words (20%).

Search : Index : Faculty of Economics and Commerce : Actuarial studies
Prev 300-332 Modelling in Insurance and Finance II
Next 300-341 Actuarial Mathematics I

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