Undergraduate - Area of study Actuarial studies

Students who commenced study in 2013 should refer to this area of study entry for direction on the requirments; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your area of study.

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This area of study entry applies to students commencing this course in 2013 and should be read in conjunction with the relevant course entry in the Handbook. Any units listed for this area of study relate only to the 'Requirements' outlined in the Faculty of Business and Economics component of any bachelors double degrees.

Managing faculty	Faculty of Business and Economics
Campus(es)	Clayton

Notes

Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.

Description

Graduates will be able to seek employment in finance and business fields dealing with life, general or health insurance, superannuation, risk management and financial consulting. Many actuaries and actuarial graduates work on investment operations for asset managers, brokers and banks. There are a range of government-related jobs in regulatory control, workers' compensation, education and others. Some actuaries work with large companies on long-term strategic planning.

Units

To complete the actuarial studies major in the Bachelor of Commerce and the Bachelor of Economics or related double degrees, students must complete:

(a.) Three units (18 points):

ETC1010 Data modelling and computing
ETC2430 Actuarial statistics
ETC2520 Probability and statistical inference for economics and business

(b.) five units (30 points) from the following list:

AFC2000 Financial institutions and markets
AFC2140 Corporate finance
AFC2340 Debt markets and fixed income securities
ETC3420 Bayesian modelling and risk analysis
ETC3460 Financial econometrics
ETC3510 Modelling in finance and insurance, or MTH3251 Financial mathematics
ETC3530 Contingencies in insurance and pensions
MTH3241 Random processes in the sciences and engineering

Contact details

Visit http://www.buseco.monash.edu.au/student/contact/index.html

Relevant courses

Single degrees

0179 Bachelor of Commerce
4419 Bachelor of Commerce (Dean's Scholars Program)
0023 Bachelor of Economics

Double degrees

0542 Bachelor of Arts and Bachelor of Commerce
4403 Bachelor of Arts (Global) and Bachelor of Commerce
0170 Bachelor of Arts and Bachelor of Economics
4417 Bachelor of Biomedical Science and Bachelor of Commerce
3823 Bachelor of Commerce and Bachelor of Aerospace Engineering
3830 Bachelor of Commerce and Bachelor of Business Information Systems
1319 Bachelor of Commerce and Bachelor of Economics
0548 Bachelor of Commerce and Bachelor of Engineering
0546 Bachelor of Commerce and Bachelor of Laws
3834 Bachelor of Commerce and Bachelor of Mechatronics Engineering
1469 Bachelor of Commerce and Bachelor of Science
1185 Bachelor of Music and Bachelor of Commerce
2630 Bachelor of Pharmacy and Bachelor of Commerce