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Actuarial Practice and Control III (ACTL90009)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Semester 2
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
Analysis of investment portfolios and asset classes from the perspective of an appointed actuary, with a view to identifying assets that suit the requirements of a variety of general insurance, life insurance, superannuation and other defined benefit liabilities.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Appraise the investment requirements of a variety of types of insurance companies, superannuation funds and similar institutional investors.
- Explain these requirements in terms of realistic and achievable objectives.
- Understand the characteristics of different asset classes in sufficient depth to establish a suitable strategy for achieving these objectives, using stochastic asset models and other techniques, as appropriate.
- Monitor investment portfolios, and their performance, in relation to stated objectives and the liabilities against which they are held.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
High level of development:
- written communication;
- collaborative learning;
- problem solving; team work;
- application of theory to practice;
- interpretation and analysis;
- critical thinking;
- synthesis of data and other information;
- evaluation of data and other information;
- accessing data and other information from a range of sources.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
ACTL90002 Mathematics of Finance II,
and
ACTL90011 Actuarial Practice & Control 2;
or equivalent.
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACTL90002 | Mathematics of Finance II | Semester 2 (On Campus - Parkville) |
12.5 |
ACTL90011 | Actuarial Practice and Control II | Semester 2 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
Disallowed subject combination: ACTL40009 Actuarial Practice and Control III
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACTL40009 | Actuarial Practice and Control III | Semester 2 (On Campus - Parkville) |
12.5 |
Recommended background knowledge
ACTL40006 Actuarial Practice and Control I
ACTL40007 Actuarial Practice and Control II
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- A 3-hour end-of-semester examination (80%)
- A 3000 word assignment due in week 11 (20%)
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Kevin Fergusson Mode of delivery On Campus (Parkville) Contact hours A total of three contact hours per week, consisting of lectures and/or tutorials Total time commitment 170 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 10 March 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
- Semester 2
Principal coordinator Kevin Fergusson Mode of delivery On Campus (Parkville) Contact hours A total of three contact hours per week, consisting of lectures and/or tutorials Total time commitment 170 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
None
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Commerce (Actuarial Science) - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022