The University of New South Wales

go to UNSW home page

Postgraduate Handbook

PRINT THIS PAGE
Actuarial Statistics - ACTL5104
 Science students

   
   
   
 
Campus: Kensington Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
Enrolment Requirements:
 
 
Prerequisite: ACTL5101 and enrolment in program 8411
 
 
Fee Band: 3 (more info)
 
 
Further Information: See Class Timetable
 
  

Description

This course covers the estimation and application of survival models in actuarial modelling. Topics include: actuarial notation and applications of survival models; state Markov models; binomial and Poison models for mortality; maximum likelihood estimation; construction of multiple decrement tables; models with transition intensities depending on age and duration; the census approximation and formulae; statistical comparison of crude rates with standard actuarial tables; graduation of estimates and tests of fidelity and smoothness, analysis of mortality/morbidity and the main forms of selection; models for projection of populations. The analysis of data using a numerical computer package such as Matlab will form part of the course assessment.

URL for this page:

© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.