Description
The aim of this subject is to provide a grounding in the principles of modelling as applied to actuarial work – focusing particularly on stochastic asset liability models and the valuation of financial derivatives. These skills are also required to communicate with other financial professionals and to critically evaluate modern financial theories.
Subject details
Type | Undergraduate |
Code | ACSC13-305 |
EFTSL | 0.125 |
Faculty | Bond Business School |
Semesters offered |
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Credit | 10 |
Study areas |
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Subject fees |
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Learning outcomes
1. Apply modern asset and derivatives pricing theory to implement valuation methodology to insurance and finance applications 2. Construct stochastic models of financial securities and other asset pricing situations 3. Explain stochastic interest rate modelling concept and the practically used term structures modelling of interest rates 4. Describe simple models for credit risk assessment 5. Apply ruin theory to liability valuation in insurance contexts 6. Demonstrate run-off techniques in general insurance reserving applications 7. Use asset liability valuation methodologies in Excel/VBA to various insurance and finance applications.
Enrolment requirements
Requisites: ? | Pre-requisites: ?Co-requisites: ?There are no co-requisites. Pre/Co-requisites: ? |
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Restrictions: ? | Nil |
Subject outlines
Subject dates
Standard Offering | |
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Enrolment opens | 18/07/2021 |
Semester start | 13/09/2021 |
Subject start | 13/09/2021 |
Cancellation 1? | 27/09/2021 |
Cancellation 2? | 04/10/2021 |
Last enrolment | 26/09/2021 |
Withdraw – Financial? | 09/10/2021 |
Withdraw – Academic? | 30/10/2021 |
Teaching census? | 08/10/2021 |
Standard Offering | |
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Enrolment opens | 14/11/2021 |
Semester start | 17/01/2022 |
Subject start | 17/01/2022 |
Cancellation 1? | 31/01/2022 |
Cancellation 2? | 07/02/2022 |
Last enrolment | 30/01/2022 |
Withdraw – Financial? | 12/02/2022 |
Withdraw – Academic? | 05/03/2022 |
Teaching census? | 11/02/2022 |