UNSW Handbook Program - Actuarial Studies

Actuarial Studies - 8411

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Program Description

Professional Accreditation

Area(s) of Specialisation

Program Summary


	Faculty: Faculty of Business
	Contact: http://www.business.unsw.edu.au/mactst
	Campus: Kensington Campus
	Career: Postgraduate
	Typical Duration: 1.5 Years
	Typical UOC Per Session: 24
	Min UOC Per Session: 3
	Max UOC Per Session: 24
	Min UOC For Award: 72
	Award(s):
	Master of Actuarial Studies (Specialisation)

Program Description

The Master of Actuarial Studies allows graduates to obtain and develop the required competencies to enter an actuarial career and provides quantitative risk management training for entry into the financial services industry. The program covers the professional actuarial subjects and includes options in actarial studies, quantitative risk management and other related disciplines.

The MActSt program is taught on-campus. The typical duration is 1.5 years full-time or 3 years part-time.

Note:

Applicants without a strong mathematical background may be advised to complete the Institute of Actuaries Foundation course, and demonstrate adequate mathematical performance on the self-assessed test.

Program Objectives and Learning Outcomes

http://www.business.unsw.edu.au/mactst

Program Structure

The Master of Actuarial Studies consists of 12 courses (4 core courses and 8 elective courses). Some courses are offered only in Session 1 or Session 2.

Core Courses

ACTL5101 Prob.& Statis. for Actuaries (6 UOC)
ACTL5102 Financial Mathematics (6 UOC)
ACTL5107 Economics for Actuaries (6 UOC)
ACTL5108 Finance for Actuaries (6 UOC)

Elective Courses

ACTL5002 Super & Retire Benefits (6 UOC)
ACTL5004 Project Report - Act. Stud. (12 UOC)
ACTL5100 Actuarial Theory & Pract. A (6 UOC)
ACTL5103 Stochastic Model. for Act. (6 UOC)
ACTL5104 Actuarial Statistics (6 UOC)
ACTL5105 Life Insurance & Super. (6 UOC)
ACTL5106 Insurance Risk Models (6 UOC)
ACTL5109 Financial Economics (6 UOC)
ACTL5200 Actuarial Theory & Practice B (6 UOC)
ACTL5301 Models for Risk Management (6 UOC)
ACTL5302 Risk and Capital Management (6 UOC)
ACTL5303 Asset-Liability Management (6 UOC)
ACTL5304 Risk Management Strategies (6 UOC)

Academic Rules

http://www.business.unsw.edu.au/mactst

Fees

For information regarding fees for UNSW programs, please refer to the following website: https://my.unsw.edu.au/student/fees/FeesMainPage.html

Professional Accreditation

The UNSW actuarial program is fully accredited by the Institute of Actuaries of Australia for both Part I and Part II subjects and recognised for exemptions by the Institute of Actuaries (London) for the Core Technical subjects.

Area(s) of Specialisation

Actuarial Studies

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© 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.