Actuarial studies - 2018

Major requirements (48 points)

No more than 12 points at level 1 may be credited to a major and at least 18 points must be credited to the major at level 3.

Students complete:

1. The following three units (18 points):
   • ETC1000 Business and economic statistics
   • ETC2430 Actuarial statistics
   • ETC3530 Contingencies in insurance and pensions
2. Five units (30 points) from the following, with at least two units (12 points) at level 3:
   • BFC2140 Corporate finance 1
   • BFC2340 Debt markets and fixed income securities
   • ETC1010 Data modelling and computing
   • ETC2410 Introductory econometrics
   • ETC2420 Statistical thinking
   • ETC2440 Mathematics for economics and business*
   • ETC2520 Probability and statistical inference for economics and business
   • ETC3400 Principles of econometrics (or ETC3410 Applied econometrics)**
   • ETC3420 Insurance mathematics
   • ETC3430 Financial mathematics under uncertainty
   • ETC3460 Financial econometrics
   • ETC3510 Modelling in finance and insurance

   * Students of mathematics or engineering wishing to pick up the major in actuarial studies may take an equivalent mathematics unit (MTH1030 or ENG1005) to replace ETC2440.

   ** Either ETC3400 or ETC3410 is required to progress into honours in econometrics and business statistics, where students can complete the required additional units towards Part I and Part II actuarial exemption for professional accreditation. Students who do not complete these units may still articulate into the Master of Actuarial Studies.

Minor requirements (24 points)

Students complete:

• any four units (24 points) from the major, with at least two units (12 points) at level 2 or 3, and with at least two units (12 points) with the prefix ETC offered at the Clayton campus.