| Type: | Postgraduate Subject |
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| Code: | ACSC71-401 |
| 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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Description
The aim of the Actuarial Control Cycle 1 and 2 is to provide students with an understanding of how the underlying actuarial principles can be applied to a range of real-world problems and issues in commercial and business environments. Applications will include various insurance practice areas and wider fields. Examples will be drawn from traditional and non-traditional areas to illustrate and establish the underlying actuarial principles in a problem-based learning approach, using case studies and business-based examples to cover contemporary issues. This subject, Actuarial Control Cycle 2, is the sequel to Actuarial Control Cycle 1. The focus is on advanced applications of the Actuarial Control Cycle framework to a broad array of business issues.
Subject details
Learning outcomes
- Apply appropriate tools to measure and manage capital.
- Apply relevant approaches and techniques to the valuation of liabilities.
- Demonstrate advanced application of knowledge to determine appropriate pricing of insurance and related products.
- Demonstrate the knowledge and ability to measure, report and maintain solvency.
- Calculate the emergence of profits under various valuation bases.
- Demonstrate advanced knowledge and analytical skills to apply and complete the actuarial control cycle feedback process.
- Demonstrate the ability to perform in a manner consistent with the code of professional conduct expected of actuaries.
Enrolment requirements
| Requisites: |
Pre-requisites:Co-requisites:There are no co-requisites |
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| Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge. Assumed Prior Learning (or equivalent):
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| Restrictions: |
This subject is not available to
Must be admitted into Actuarial Science Honours or Actuarial Practice Programs. This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure. |
Subject outlines
- January 2025 [Standard - Actuarial Control Cycle 2]
- September 2024 [Standard - Actuarial Control Cycle 2]
- May 2024 [Standard - Actuarial Control Cycle 2]
- September 2023 [Standard - Actuarial Control Cycle 2]
- May 2023 [Standard - Actuarial Control Cycle 2]
- September 2022 [Standard - Actuarial Control Cycle 2]
- May 2022 [Standard - Actuarial Control Cycle 2]
- September 2021 [Standard - Actuarial Control Cycle 2]
- May 2021 [Standard - Actuarial Control Cycle 2]
- September 2020 [Standard - Actuarial Control Cycle 2]
- May 2020 [Standard - Actuarial Control Cycle 2]
- September 2019 [Standard - Actuarial Control Cycle 2]
- May 2019 [Standard - Actuarial Control Cycle 2]
- September 2018 [Standard - Actuarial Control Cycle 2]
- May 2018 [Standard - Actuarial Control Cycle 2]
- September 2017 [Standard - Actuarial Control Cycle 2]
- May 2017 [Standard - Actuarial Control Cycle 2]
Subject dates
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May 2024
Standard Offering Enrolment opens: 17/03/2024 Semester start: 13/05/2024 Subject start: 13/05/2024 Cancellation 1: 27/05/2024 Cancellation 2: 03/06/2024 Last enrolment: 26/05/2024 Withdraw - Financial: 08/06/2024 Withdraw - Academic: 29/06/2024 Teaching census: 07/06/2024 -
September 2024
Standard Offering Enrolment opens: 14/07/2024 Semester start: 09/09/2024 Subject start: 09/09/2024 Cancellation 1: 23/09/2024 Cancellation 2: 30/09/2024 Last enrolment: 22/09/2024 Withdraw - Financial: 05/10/2024 Withdraw - Academic: 26/10/2024 Teaching census: 04/10/2024 -
January 2025
Standard Offering Enrolment opens: 10/11/2024 Semester start: 20/01/2025 Subject start: 20/01/2025 Cancellation 1: 03/02/2025 Cancellation 2: 10/02/2025 Last enrolment: 02/02/2025 Withdraw - Financial: 15/02/2025 Withdraw - Academic: 08/03/2025 Teaching census: 14/02/2025
| Standard Offering | |
|---|---|
| Enrolment opens: | 17/03/2024 |
| Semester start: | 13/05/2024 |
| Subject start: | 13/05/2024 |
| Cancellation 1: | 27/05/2024 |
| Cancellation 2: | 03/06/2024 |
| Last enrolment: | 26/05/2024 |
| Withdraw - Financial: | 08/06/2024 |
| Withdraw - Academic: | 29/06/2024 |
| Teaching census: | 07/06/2024 |
| Standard Offering | |
|---|---|
| Enrolment opens: | 14/07/2024 |
| Semester start: | 09/09/2024 |
| Subject start: | 09/09/2024 |
| Cancellation 1: | 23/09/2024 |
| Cancellation 2: | 30/09/2024 |
| Last enrolment: | 22/09/2024 |
| Withdraw - Financial: | 05/10/2024 |
| Withdraw - Academic: | 26/10/2024 |
| Teaching census: | 04/10/2024 |
| Standard Offering | |
|---|---|
| Enrolment opens: | 10/11/2024 |
| Semester start: | 20/01/2025 |
| Subject start: | 20/01/2025 |
| Cancellation 1: | 03/02/2025 |
| Cancellation 2: | 10/02/2025 |
| Last enrolment: | 02/02/2025 |
| Withdraw - Financial: | 15/02/2025 |
| Withdraw - Academic: | 08/03/2025 |
| Teaching census: | 14/02/2025 |