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Actuarial Practice and Control III (ACTL90009)
Graduate courseworkPoints: 12.5Not available in 2024
Overview
| 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: 30 January 2024
Eligibility and requirements
Prerequisites
Admission into the MC-COMACTS Master of Commerce (Actuarial Science)
AND
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ACTL90011 | Actuarial Practice and Control II | Semester 2 (On Campus - Parkville) |
12.5 |
OR
Equivalent
Corequisites
None
Non-allowed subjects
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ACTL40009 | Actuarial Practice and Control III | Not available in 2024 |
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: 30 January 2024
Assessment
| Description | Timing | Percentage |
|---|---|---|
Assignment
| Week 11 | 20% |
End-of-semester examination
| During the examination period | 80% |
Last updated: 30 January 2024
Dates & times
Not available in 2024
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 30 January 2024
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.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 30 January 2024