Course

Actuarial Theory and Practice B - ACTL4002

Faculty: Australian School of Business

School: School of Risk and Actuarial Studies

Course Outline: ACTL4002 Course Outline

Campus: Sydney

Career: Undergraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisite: ACTL4001 and Corequisites (ACTL3003 and ACTL3004)

Equivalent: ACTL5200

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

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.
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