306542 (v.1) Principles of Actuarial Science 101
| Area: | Department of Mathematics and Statistics |
| Credits: | 25.0 |
| Contact Hours: | 5.0 |
| Lecture: | 1 x 2 Hours Weekly |
| Workshop: | 1 x 2 Hours Weekly |
| Seminar: | 1 x 2 Hours Fortnightly |
| Other Requisite(s): | Admission: TEE Calculus and Applicable Mathematics
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| Syllabus: | Information access, written reports, oral presentation and use of computer packages. Use of an algebraic package for calculus and graphics. Use of Visual Basic for embedding of macros in an Excel presentation. Role of an actuary and the importance of mathematics, statistics, demography, economics, accounting and computing in actuarial science. |
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| Unit Outcomes: | On successful completion of this unit the student will be able to: Communication Skills: Access information for research purposes, particularly using electronic media such as library databases, electronic databases and the internet; reference informationcorrectly; prepare academic documents, particularly research articles and reports; appreciate the need to develop clear and concise written expression in English; demonstrate oral communication and professional presentation skills. Computational Skills: Use a range of symbolic computation packages; apply electronic tools and basic programming techniques to investigate iterative methods and to solve linear systems and simple actuarial problems; present solutions graphically; appreciate working in a team environment to solve problems. Actuarial Practise: Discuss the basic concepts and principles of actuarial science; discuss the role of the actuary in the management of various financial institutions; discuss the various disciplines underlying the principles of actuarial science. |
| Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information. |
| Unit References: | Bate, D. & Sharpe, P. 1996, Writers' Handbook for University Students, Harcourt Brace, Sydney. Rhoden, C. & Starkey, R. 1998, Studying Science at University, Allen & Unwin, St Leonards. Windschuttle, K. & Elliot, E. 1999, Writing, Researching, Communicating, 3rd Edition, McGraw Hill, Sydney. Kofler, M., 1997, Maple - An Introduction and reference, Addison-Wesley. Orvis, W.J., 1996, Excel for Scientists & Engineers, Sybex. Block, S.C., 2000, Excel for Engineers & Scientists, J. Wiley & Sons. |
| Unit Texts: | Pantelides U. 1998. Communication Skills for University Students. Black Swan Press, Perth, WA. |
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| Unit Assessment Breakdown: | Assignments 36%, Presentation & Participation 14%, Examination 50%. Distribution of marks over the 3 aspects of the course: Communication 40%, Computational 40%, Actuarial practice 20% |
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 1 | Y | | | |
Current as of: February 2, 2004
CRICOS provider code 00301J
