B-ACTUAR v.2 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.
Course Accreditation
This course is accredited by the Actuaries Institute.
Professional Recognition
This course is recognised by the Actuaries Institute. The course offers students the opportunity to gain exemptions from all six subjects comprising the Foundation program of the Actuaries Institute examinations (exemption criteria apply).
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.
Required: Mathematics Methods ATAR. Desirable: Mathematics Specialist ATAR. STAT is not acceptable.
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. acquire discipline knowledge and professional capabilities to identify a problem, research and interpret the data and apply appropriate techniques to develop an effective solution;
2. understand contemporary issues relevant to the actuarial working environment; demonstrate cross-cultural awareness and respect;
3. apply discipline knowledge and problem solving skills to critically approach challenging, relevant problems and develop innovative solutions
4. show awareness of relevant global developments; understand how to respond to change, by monitoring results and through self-reflection and ongoing learning, in order to apply and adapt knowledge and skills
5. apply computer software appropriately to gather and prepare data, perform calculations, analyse and communicate results; use relevant digital technology to communicate effectively in a manner appropriate to the audience and purpose
6. collaborate with others in teams, displaying high ethical and moral standards in addition to problem solving and time management skills, in order to solve problems relevant to a range of stakeholders
| Course Structure | Hrs/Wk | Credit | |||
|---|---|---|---|---|---|
| Year 1 Semester 1 | |||||
| NPSC1003 | v.1 | Integrating Indigenous Science and STEM | 3.0 | 25.0 | |
| MATH1017 | v.2 | Advanced Mathematics 1 | 5.0 | 25.0 | |
| OR | |||||
| MATH1015 | v.1 | Linear Algebra 1 | 4.0 | 25.0 | |
| ACTL1002 | v.1 | Introduction to Actuarial Science | 4.0 | 25.0 | |
| STAT1005 | v.1 | Introduction to Probability and Data Analysis | 3.0 | 25.0 | |
| 100.0 | |||||
| Year 1 Semester 2 | |||||
| ACCT1002 | v.1 | Financial Decision Making | 3.0 | 25.0 | |
| ACTL1003 | v.1 | Introductory Actuarial Practices | 3.0 | 25.0 | |
| STAT1006 | v.1 | Regression and Nonparametric Inference | 4.0 | 25.0 | |
| MATH1016 | v.1 | Calculus 1 | 5.0 | 25.0 | |
| OR | |||||
| MATH1018 | v.2 | Advanced Mathematics 2 | 4.0 | 25.0 | |
| 100.0 | |||||
| Year 2 Semester 1 | |||||
| FNCE2000 | v.1 | Introduction to Finance Principles | 3.0 | 25.0 | |
| STAT2001 | v.1 | Mathematical Statistics | 4.0 | 25.0 | |
| MATH2004 | v.1 | Theory of Interest | 4.0 | 25.0 | |
| SELECT OPTIONAL UNITS TO THE TOTAL VALUE OF: | 25.0 | ||||
| 100.0 | |||||
| Year 2 Semester 2 | |||||
| ECON1001 | v.1 | Actuarial Economics | 4.0 | 25.0 | |
| STAT3006 | v.1 | Investment Science 1 | 4.0 | 25.0 | |
| STAT3001 | v.1 | Statistical Modelling | 4.0 | 25.0 | |
| STAT3005 | v.2 | Stochastic Processes | 4.0 | 25.0 | |
| 100.0 | |||||
| Year 3 Full Year | |||||
| MJRU-ACTSC | v.1 | Actuarial Science Major (BSc Actuarial Sci) | 200.0 | ||
| OR | |||||
| MJRU-ACTAS | 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 | |||
| MATH2009 | v.2 | Calculus 2 | 4.0 | 25.0 | |
| COMP1005 | v.1 | Fundamentals of Programming | 4.0 | 25.0 | |
| MATH2011 | v.1 | Operations Research | 4.0 | 25.0 | |
| INVE3001 | v.1 | Portfolio Management | 3.0 | 25.0 | |
| INDE2000 | v.1 | Supply Chain Modelling and Optimisation | 4.0 | 25.0 | |
| MATH2015 | v.1 | Mathematical Computing | 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: Curtin Connect Future Students, enquiries: https://future.connect.curtin.edu.au, Tel: +61-1300 222 888. 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 time frame 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.
