Actuarial studies - 2019

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
   • ETC3520 Foundations of quantitative finance

   * Students undertaking a degree in mathematics or engineering, who wish 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, 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 you 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.