Actuarial Theory & Practice B - ACTL4002


	Faculty: Australian School of Business
	School: Actuarial Studies Unit
	Course Outline: ACTL4002 Course Outline
	Campus: Kensington Campus
	Career: Undergraduate
	Units of Credit: 6
	EFTSL: 0.12500 (more info)
	Indicative Contact Hours per Week: 3
	Enrolment Requirements:
	Prerequisite: Admission to BCom Hons in Actuarial Studies
	Equivalent: ACTL5200
	Fee Band: 3 (more info)
	Further Information: See Class Timetable

Description

This course, along with ACTL4001 Actuarial Theory and Practice A, develops the theory and practice underlying the actuarial management of risk-based and other products offered by financial institutions. The course draws examples from actuarial practice and discusses implications for life insurance, general insurance, superannuation, asset-liability management and other areas where actuaries are involved in product design, pricing, reserving, investment and surplus management. The course emphasises recent developments in actuarial theory. This course, along with ACTL4001, corresponds to the Part II courses of the professional examinations of The Institute of Actuaries of Australia.