311155 v.1 Actuarial and Applied Statistics Major (Bachelor of Science)
Introduction
This double major is designed for those who wish to apply their knowledge in statistics to the fields of finance, banking and insurance. Much of the recent work in these disciplines relies on statistical techniques developed and applied from more general statistical framework. The demand for risk management skills is very strong in Australia and overseas as the investment markets develop more sophisticated products and services and the insurance market faces more complicated factors such as global warming and terrorism. Many of the basic fundamental models in these areas are developed using statistical methods.
Course Entry Requirements/Prerequisites
TEE Applicable Mathematics. TEE Calculus is desirable.
| Course Structure | Hrs/Wk | Credit | |||
|---|---|---|---|---|---|
| Year 1 Semester 1 | |||||
| 10987 | v.5 | Accounting 100 | 3.0 | 25.0 | |
| 1234 | v.4 | Economics 100 | 3.0 | 25.0 | |
| 307590 | v.2 | Statistical Data Analysis 101 | 3.0 | 12.5 | |
| 310532 | v.1 | Statistical Data Analysis 102 | 3.0 | 12.5 | |
| 7062 | v.6 | Mathematics 101 | 5.0 | 25.0 | |
| OR | |||||
| 10926 | v.5 | Mathematics 103 | 5.0 | 25.0 | |
| 100.0 | |||||
| Year 1 Semester 2 | |||||
| 11001 | v.3 | Economics (Macro) 101 | 3.0 | 25.0 | |
| 306542 | v.2 | Principles of Actuarial Science 101 | 5.0 | 25.0 | |
| 307554 | v.1 | Science Communications 101 | 2.0 | 12.5 | |
| 307591 | v.2 | Statistical Data Analysis 103 | 3.0 | 12.5 | |
| 7063 | v.6 | Mathematics 102 | 5.0 | 25.0 | |
| OR | |||||
| 7492 | v.5 | Mathematics 104 | 5.0 | 25.0 | |
| 100.0 | |||||
| Year 2 Semester 1 | |||||
| 12607 | v.3 | Finance (Principles) 215 | 3.0 | 25.0 | |
| 302315 | v.2 | Mathematical Statistics 202 | 4.0 | 25.0 | |
| 4515 | v.5 | Scientific Computing 201 | 4.0 | 25.0 | |
| 8127 | v.6 | Advanced Calculus 201 | 4.0 | 25.0 | |
| 100.0 | |||||
| Year 2 Semester 2 | |||||
| 302397 | v.4 | Theory of Interest 202 | 3.0 | 25.0 | |
| 309009 | v.3 | Practical Mathematical Financial Modelling 302 | 3.0 | 25.0 | |
| 8128 | v.6 | Linear Algebra 202 | 4.0 | 25.0 | |
| 8393 | v.9 | Experimental Design and Analysis 202 | 4.0 | 25.0 | |
| 100.0 | |||||
| Year 3 Semester 1 | |||||
| 302316 | v.1 | Statistical Inference 301 | 4.0 | 25.0 | |
| 302399 | v.3 | Actuarial Statistics 301 | 4.0 | 25.0 | |
| 311007 | v.1 | Statistical Modelling 301 | 4.0 | 25.0 | |
| SELECT ELECTIVE UNITS TO THE TOTAL VALUE OF: | 25.0 | ||||
| 100.0 | |||||
| Year 3 Semester 2 | |||||
| 310982 | v.1 | Sample Survey 302 | 4.0 | 25.0 | |
| 310983 | v.1 | Statistical Consulting Project 302 | 4.0 | 25.0 | |
| 3975 | v.5 | Applied Statistics 302 | 4.0 | 25.0 | |
| SELECT ELECTIVE UNITS TO THE TOTAL VALUE OF: | 25.0 | ||||
| 100.0 | |||||
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Content Last Modified: July 01, 2008
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