Financial Mathematics for Actuaries - ACTL2111
Faculty: UNSW Business School
School: School of Risk and Actuarial Studies
Course Outline: ACTL2111 Course Outline
Campus: Sydney
Career: Undergraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 4
Enrolment Requirements:
Prerequisite:(ACTL1101 and MATH1251/MATH1241) or (MATH1251/MATH1241 and stream MATHR13986) or (MATH1251/MATH1241 and stream MATHR13523) or (MATH1251/MATH1241 and stream MATHR13564) or (MATH1251/MATH1241 and stream MATHR13956).
Equivalent: ACTL5102
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 will cover the financial mathematics required for the analysis of financial and insurance transactions. Topics covered include: mathematics of compound interest; valuation of cash flows of simple insurance contracts; analysis and valuation of annuities, bonds, loans and other securities; yield curves and immunisation; introduction to stochastic interest rate models and actuarial applications.
Study Levels
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