313830 (v.1) Actuarial lnvestments and Asset Modelling 402
| Area: | Department of Mathematics and Statistics |
|---|---|
| Credits: | 25.0 |
| Contact Hours: | 4.0 |
| Tuition Patterns: | The tuition pattern provides details of the types of classes and their duration. This is to be used as a guide only. Precise information is included in the unit outline. |
| Lecture: | 3 x 1 Hours Weekly |
| Tutorial: | 1 x 1 Hours Weekly |
| Prerequisite(s): |
1234 (v.4)
Economics 100
or any previous version
AND 11001 (v.4) Macroeconomics 200 or any previous version OR 312201 (v.1) Actuarial Economics 102 AND 12607 (v.4) Finance Principles 215 or any previous version AND 311622 (v.1) Theory of Interest 202 or any previous version |
| Syllabus: | Methods used for valuation of the common forms of debt, equity, property and derivative securities including the valuation methods and principles; data requirements and sources; and the implicit assumptions and limitations of these models. The application and limitations of the major economic and financial theories relevant to investment including efficient market hypothesis; capital asset pricing models; multi-factor pricing models; and theories from behavioural finance. Investment objectives and investment constraints based on the liability profile of a fund; characteristics of different types of asset models and their appropriateness for a given context. The relationship between risk and return and recognising risk factors which include issuer default, counterparty failure, systemic liquidity, the collapse of speculative bubbles, shocks to the economic system and cyclical/structural changes. Asset assumptions for asset models, taking into account historical date, prevailing industry expectations, contemporary investment literature, and other practical considerations such as tax. |
| Unit references, texts, outcomes and assessment details | The most up-to-date information about unit references, texts and outcomes, will be provided in the unit outline. |
| Field of Education: | 081103 Insurance and Actuarial Studies |
| Result Type: | Grade/Mark |
Availability
| Year | Location | Period | Internal | Partially Online Internal | Area External | Central External | Fully Online |
|---|---|---|---|---|---|---|---|
| 2013 | Bentley Campus | Semester 2 | Y |
Area External refers to external course/units run by the School or Department or offered by research.
Central External refers to external and online course/units run through the Curtin Bentley-based Distance Education Area
Partially Online Internal refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
Fully Online refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
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