MJRU-ACTSC v.1 Actuarial Science Major (BSc Actuarial Sci)
Major/Stream Overview
This major/stream is part of a larger course. Information is specific to the major/stream, please refer to the course for more information.
The BSc (Actuarial Science) degree offers students the opportunity of gaining exemptions in the six (6) subjects that make up the Foundation Program of the Institute of Actuaries of Australia examinations. The course is recommended for students who intend to complete further studies and qualify as an Actuary.
Professional Recognition
Units within this course provide students with the opportunity to meet some of the requirements of professional recognition with the Actuaries Institute
Additional Course Expenses
Students may be expected to purchase a number of textbooks and other essential study materials.
Major/Stream Entry and Completion Details
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
Articulation Agreements
BSc(Actuarial Science) has an articulation agreement with Mahidol University, Thailand.
Major/Minor/Stream Organisation
Major/Stream 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
Duration and Availability
This major is one year full-time or equivalent part-time study. Only Semester 1 intake.
| Course Structure | Hrs/Wk | Credit | |||
|---|---|---|---|---|---|
| Year 3 Semester 1 | |||||
| MATH3009 | v.1 | Contingencies 1 | 4.0 | 25.0 | |
| STAT3010 | v.1 | Financial Engineering 2 | 4.0 | 25.0 | |
| MATH3008 | v.1 | Survival Models & Analysis | 4.0 | 25.0 | |
| SELECT OPTIONAL UNITS TO THE TOTAL VALUE OF: | 25.0 | ||||
| 100.0 | |||||
| Year 3 Semester 2 | |||||
| STAT2004 | v.1 | Analytics for Observational Data | 4.0 | 25.0 | |
| MATH3010 | v.1 | Contingencies 2 | 4.0 | 25.0 | |
| STAT3008 | v.1 | Provisioning Techniques | 4.0 | 25.0 | |
| STAT3009 | v.1 | Risk Analysis | 4.0 | 25.0 | |
| 100.0 | |||||
| Optional Units to Select from in Year 3 Semester 1 | Hrs/Wk | Credit | |||
| STAT2003 | v.1 | Analytics for Experimental and Simulated Data | 5.0 | 25.0 | |
| FNCE2003 | v.3 | Business Analysis for Investment | 3.0 | 25.0 | |
| INVE3000 | v.1 | Introduction to Derivative Securities | 3.0 | 25.0 | |
| MATH2015 | v.1 | Mathematical Computing | 4.0 | 25.0 | |
| MATH2011 | v.1 | Operations Research | 4.0 | 25.0 | |
| STAT3000 | v.1 | Statistical Inference | 4.0 | 25.0 | |
| INDE2000 | v.1 | Supply Chain Modelling and Optimisation | 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: https://askcurtinfaq.custhelp.com/app/contact. For Domestic Future Students: Future Students Centre, email: futurestudents@exhange.curtin.edu.au Tel: +61-8-9266 1000. For International Future Students: Curtin International, email: international@curtin.edu.au Tel: +61-8-9266 7331. For the Graduate Research School, please click here for further details: https://research.curtin.edu.au/postgraduate/graduate-research-school/
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.
