B-ACTUAR v.1 Bachelor of Science (Actuarial Science)
BSc(Curtin)
Course CRICOS Code: 038785D
Registered full-time Duration:
3 Years
Course Overview
Bachelor Degrees prepare students to develop broad and coherent knowledge and skills in a discipline for professional work and further learning corresponding to AQF level 7 qualifications.
This course is designed to provide graduates with the necessary skills in mathematics, statistics, finance, economics, accounting, law, computing and demographics to prepare them for employment as financial advisors in commercial organisations involving insurance companies, superannuation funds, banks, other financial institutions and governments.
Professional Recognition
This course is accredited by the Actuaries Institute.
Additional Course Expenses
Students may be expected to purchase a number of textbooks and other essential study materials.
Course Entry and Completion Details
Applicants for a Bachelor Degree are required to meet University academic and English language entry standards; details are provided at http://futurestudents.curtin.edu.au and include flexible entry pathways. Any specific course entry and completion requirements must also be met.
TEE Applicable Mathematics. Calculus is desirable. STAT is not acceptable for mature age entry but may be used to demonstrate English Competence requirements.
Credit for Recognised Learning
Applications for credit towards a course are assessed on an individual basis. Credit reduces the amount of learning required to complete the course and may be granted for formal education qualifications, non-formal learning from non-award programs of study and informal learning through work experiences. Further information can be found at http://futurestudents.curtin.edu.au/non-school-leavers/rpl.cfm
Pathway to Further Study
Graduates may qualify for entry to a Bachelor Degree with Honours and some Graduate Certificates, Graduate Diplomas and Master degrees. For further details, see the University website http://curtin.edu.au.
Specific Course Completion Details
In certain cases, the need to complete special units may result in an extension of studies beyond the normal length of the course.
Course Organisation
Bachelor Degrees typically contain a series of units which may include compulsory (core), optional or elective units to cater for student preferences. They may contain a range of majors, streams and/or minors for students to choose from to pursue learning in a specialised area of study.
Course Learning Outcomes
A graduate of this course can:
1. use rigorous logic and actuarial concepts to identify a problem, research and interpret the data and apply appropriate techniques to develop effective solutions.
2. critically approach challenging, relevant problems using a range of skills to create and assess potential solutions.
3. identify, collect and analyse relevant data from a range of sources, develop assumptions and select an appropriate model; Analyse the results using valid judgement appropriate to the context of the problem.
4. communicate effectively and efficiently in a variety of formats and with a high level of professionalism
5. apply computer modelling software appropriately to gather and prepare data, perform calculations, analyse and communicate results.
6. develop a high degree of flexibility and creativity to adapt to change; Challenge own thinking and explore new issues; Demonstrate responsibility for personal drive and development.
7. show a high level of awareness of nationally and internationally relevant developments and contemporary issues, and evaluate issues from a variety of perspectives.
8. develop shared understandings of contemporary relevant issues which demonstrate a high and balanced level of cultural awareness and understanding in diverse cultural settings.
9. demonstrate a duty of care, honesty, integrity, fairness and knowledge of principles, law and other requirements in keeping with the profession.
Duration and Availability
This course is three years full-time study or part-time equivalent. All majors in this course are available to international students studying in Australia on a study visa
Location and delivery Mode
| Year | Location | Period | All* | Internal | Partially Online Internal^ | External | Fully Online# |
|---|---|---|---|---|---|---|---|
| 2019 | Bentley Campus | Semester 1 | Y | ||||
| 2019 | Bentley Campus | Semester 2 | Y | ||||
| 2020 | Bentley Campus | Semester 1 | Y | ||||
| 2020 | Bentley Campus | Semester 2 | Y |
The information displayed above refers to study periods and locations where the course is available for first time entry. Students are normally only offered or admitted to a course once.
* The course itself may not be available either solely internally or externally but individual units may be offered in either or both of those modes. Prospective students should contact the Course Coordinator for further information.
^ Course and associated units are offered in this mode permitting International Onshore student enrolment.
# Course and associated units are offered in this online only mode and DO NOT permit International Onshore student enrolment.
| Course Structure | Hrs/Wk | Credit | |||
|---|---|---|---|---|---|
| Year 1 Semester 1 | |||||
| ACCT1000 | v.2 | Accounting - The Language of Business | 3.0 | 25.0 | |
| MATH1017 | v.1 | Accelerated Mathematics 1 | 5.0 | 25.0 | |
| OR | |||||
| MATH1015 | v.1 | Linear Algebra 1 | 4.0 | 25.0 | |
| STAT1002 | v.1 | Statistical Data Analysis | 3.0 | 12.5 | |
| ACTL1001 | v.1 | Principles of Insurance and Superannuation | 4.0 | 25.0 | |
| STAT1001 | v.1 | Statistical Probability | 3.0 | 12.5 | |
| 100.0 | |||||
| Year 1 Semester 2 | |||||
| STAT1000 | v.1 | Regression and non-Parametric Inference | 3.0 | 12.5 | |
| ACTL1000 | v.1 | Principles of Actuarial Science | 5.0 | 25.0 | |
| COMS1000 | v.1 | Science Communications | 2.0 | 12.5 | |
| ECON1000 | v.1 | Introductory Economics | 3.0 | 25.0 | |
| OR | |||||
| ECON1001 | v.1 | Actuarial Economics | 5.0 | 25.0 | |
| MATH1018 | v.1 | Accelerated Mathematics 2 | 4.0 | 25.0 | |
| OR | |||||
| MATH1016 | v.1 | Calculus 1 | 5.0 | 25.0 | |
| 100.0 | |||||
| Year 2 Semester 1 | |||||
| MATH2009 | v.2 | Calculus 2 | 4.0 | 25.0 | |
| FNCE2000 | v.1 | Introduction to Finance Principles | 3.0 | 25.0 | |
| STAT2001 | v.1 | Mathematical Statistics | 4.0 | 25.0 | |
| SELECT OPTIONAL UNITS TO THE TOTAL VALUE OF: | 25.0 | ||||
| 100.0 | |||||
| Year 2 Semester 2 | |||||
| MATH2004 | v.1 | Theory of Interest | 3.0 | 25.0 | |
| STAT3005 | v.2 | Stochastic Processes | 3.0 | 25.0 | |
| MATH2005 | v.1 | Practical Mathematical Financial Modelling | 3.0 | 25.0 | |
| SELECT OPTIONAL UNITS TO THE TOTAL VALUE OF: | 25.0 | ||||
| 100.0 | |||||
| Year 3 | |||||
| MJRU-ACTUA | v.1 | Actuarial Science Major (BSc Actuarial Sci) | 200.0 | ||
| OR | |||||
| MJRU-ACTAP | v.1 | Actuarial and Applied Statistics Major (BSc Actuarial Sci) | 200.0 | ||
| 200.0 | |||||
| Optional Units to Select from in Year 2 Semester 1 | Hrs/Wk | Credit | |||
| MATH2011 | v.1 | Operations Research | 4.0 | 25.0 | |
| MATH2015 | v.1 | Mathematical Computing | 4.0 | 25.0 | |
| INDE2000 | v.1 | Supply Chain Modelling and Optimisation | 4.0 | 25.0 | |
| STAT1003 | v.1 | Introduction to Data Science | 5.0 | 25.0 | |
| COMP1005 | v.1 | Fundamentals of Programming | 4.0 | 25.0 | |
| Optional Units to Select from in Year 2 Semester 2 | Hrs/Wk | Credit | |||
| STAT2003 | v.1 | Analytics for Experimental and Simulated Data | 5.0 | 25.0 | |
| MATH2010 | v.2 | Linear Algebra 2 | 4.0 | 25.0 | |
| INDE2001 | v.1 | Logistics Modelling and Optimisation | 4.0 | 25.0 | |
| MATH3001 | v.1 | Applied Mathematical Modelling | 4.0 | 25.0 | |
| MATH2000 | v.1 | Network Optimisation | 4.0 | 25.0 | |
| ECON2001 | v.1 | Macroeconomic Principles | 3.0 | 25.0 | |
| COMP1005 | v.1 | Fundamentals of Programming | 4.0 | 25.0 | |
Further Information
If you need more course information, you may contact the relevant areas: For Current Students: Student Services Office, please click here for further details: http://students.curtin.edu.au/contact_offices.cfm For Domestic Future Students: Future Students Centre, email: futurestudents@curtin.edu.au Tel: +61-8-9266 1000 For International Future Students: Curtin International, email: international@curtin.edu.au Tel: +61-8-9266 7331
Course Structure Disclaimer
Curtin University reserves the right to alter the internal composition of any course to ensure learning outcomes retain maximum relevance. Any changes to the internal composition of a course will protect the right of students to complete the course within the normal timeframe and will not result in additional cost to students through a requirement to undertake additional units.
Disclaimer
Information in this publication is correct at the time of printing but may be subject to change.
In particular, the University reserves the right to change the content and/or method of assessment, to change or alter tuition fees of any unit of study, to withdraw any unit of study or program which it offers, to impose limitations on enrolment in any unit or program, and/ or to vary arrangements for any program.
This material does not purport to constitute legal or professional advice.
Curtin accepts no responsibility for and makes no representations, whether express or implied, as to the accuracy or reliability in any respect of any material in this publication.
Except to the extent mandated otherwise by legislation, Curtin University does not accept responsibility for the consequences of any reliance which may be placed on this material by any person.
Curtin will not be liable to you or to any other person for any loss or damage (including direct, consequential or economic loss or damage) however caused and whether by negligence or otherwise which may result directly or indirectly from the use of this publication.
International students
International students studying in Australia on a student visa can only study full-time and there are also specific entry requirements that must be met. As some information contained in this publication may not be applicable to international students, refer to international.curtin.edu.au for further information. Australian citizens, permanent residents and international students studying outside Australia may have the choice of full-time, part-time and external study, depending on course availability and in-country requirements.
