309009 (v.3) Practical Mathematical Financial Modelling 302

Area:	Department of Mathematics and Statistics
Credits:	25.0
Contact Hours:	3.0
The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline.
Laboratory:	1 x 3 Hours Weekly
Practical:	1 x 2 Hours Weekly
Syllabus:	Introduction to financial modeling using real-world models. The development process: understand, design, build, test, implement and maintain excel as a modelling tool. Design principles and the user interface. Workshop design (benefit projection modelling). The analytical process (using workers compensation insurance as an example). Workshop analysis (workers compensation insurance modelling). Completion: testing, security and maintenance. Introduction to modelling using VBA, and advanced VBA techniques.Working with data in excel. Stochastic asset/liability modeling. Workshop stochastic (stochastic asset/liability modelling).
To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement.
Field of Education:	081101 Banking and Finance
SOLT (Online) Definitions*:	Informational *Extent to which this unit or thesis utilises online information
Result Type:	Grade/Mark

Availability

Year	Location	Period	Internal	Partially Online Internal	Area External	Central External	Fully Online
2008	Bentley Campus	Semester 1	Y
2008	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