Financial Economics for Insurance and Superannuation - ACTL5109

Faculty: UNSW Business School

School: School of Risk and Actuarial Studies

Course Outline: ACTL5109 Course Outline

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisite: ACTL5101, ACTL5102 and enrolment in program 8411 or 8416 Corequisite: ACTL5103

Equivalent: ACTL3004

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

Description

The aim of this course is to introduce the mathematical and economic models of financial economics used by actuaries and to overview their application to asset-liability management. The topics are illustrated with applications to the valuation, actuarial and risk management of insurance and superannuation contracts especially those with embedded options and financial guarantees.