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Curtin University
Courses Handbook 2015

This handbook contains information on courses and components (majors, minors, streams and units) at Curtin in 2015.
Information for the previous year's courses and units is available at Courses Handbook 2014.

MATH5010 (v.1) Life Contingencies 2

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: 1 x 3 Hours Weekly
Tutorial: 1 x 1 Hours Weekly
Equivalent(s): 309806 (v.1) Life Contingencies 502 or any previous version
Prerequisite(s): 309805 (v.1) Life Contingencies 501 or any previous version
OR
MATH5009 (v.1) Life Contingencies 1 or any previous version
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.
Syllabus: This unit will cover the pricing and valuation of insurance policies for joint lives, as well as the calculation for future contributions required for pensions funds to remain solvent. This unit also introduces the unit linked policy and policies with competing risks. On completion of this unit, students should have a substantial understanding of the mathematical techniques of relevance to actuarial work in life and health insurance and superannuation (pension). Student will be able to price a variety of joint life assurance and annuity policies assuming constant deterministic interest, as well as more general policies with competing risks. In addition, student will also be exposed to the ways in which selection of an insurance policy can occur.
Field of Education: 010101 Mathematics
Result Type: Grade/Mark


Availability

Year Location Period Internal Partially Online Internal Area External Central External Fully Online
2015 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


Handbook

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