B-ACTUAR v.1 Bachelor of Science (Actuarial Science)
Course CRICOS Code: 038785D
Registered full-time Duration: 3 Years
Bachelor Degrees prepare students to develop broad and coherent knowledge and skills in a discipline for professional work and further learning corresponding to AQF level 7 qualifications.
This course is designed to provide graduates with the necessary skills in mathematics, statistics, finance, economics, accounting, law, computing and demographics to prepare them for employment as financial advisors in commercial organisations involving insurance companies, superannuation funds, banks, other financial institutions and governments.
This course is accredited by the Institute of Actuaries of Australia.
Additional Course Expenses
Students may be expected to purchase a number of textbooks and other essential study materials.
Course Entry and Completion Details
Applicants for a Bachelor Degree are required to meet University academic and English language entry standards; details are provided at http://futurestudents.curtin.edu.au and include flexible entry pathways. Any specific course entry and completion requirements must also be met.
TEE Applicable Mathematics. Calculus is desirable. STAT is not acceptable for mature age entry but may be used to demonstrate English Competence requirements.
Credit for Recognised Learning
Applications for credit towards a course are assessed on an individual basis. Credit reduces the amount of learning required to complete the course and may be granted for formal education qualifications, non-formal learning from non-award programs of study and informal learning through work experiences. Further information can be found at http://futurestudents.curtin.edu.au.
Pathway to Further Study
Graduates may qualify for entry to a Bachelor Degree with Honours and some Graduate Certificates, Graduate Diplomas and Master degrees. For further details, see the University website http://curtin.edu.au.
Specific Course Completion Details
In certain cases, the need to complete special units may result in an extension of studies beyond the normal length of the course.
Bachelor Degrees typically contain a series of units which may include compulsory (core), optional or elective units to cater for student preferences. They may contain a range of majors, streams and/or minors for students to choose from to pursue learning in a specialised area of study.
Course Learning Outcomes
A graduate of this course can:
1. use their exposure to a process of identifying a problem, researching the data and applying a set of techniques to solve the problem
2. widen and deepen their high level of thinking skills by posing challenging problems that are relevant, motivational and involved in well-structured syndicated programs
3. analyse, identify and use the relevant material in an Actuarial Control Cycle Format from a wide array of available data sources to ensure that the information is monitored in the light of a possibly changing problem, new information and or a change in technique
4. stand up and present content in a refreshing and vigorous format by spending considerable time on the process of communication "how" to effectively and efficiently present with a high level of professionalism
5. apply computer modelling software appropriately in statistics, finance, risk management, optimisation and other relevant areas and use appropriate technology to acquire data (e.g. internet based, library based) and present information, such as computer linked displays and internet linked overheads
6. develop a high degree of flexibility and creativity to adapt to change and to introduce exciting solutions to problems where focus is paramount in the learning process
7. show a high level of awareness of international relevant developments and contemporary issues involving relevant international events
8. mix through syndicate work and informal functions to meet with others and understand each other to develop shared understandings of contemporary relevant issues which demonstrate a high and balanced level of cultural awareness and understanding
9. show a high standard of time management skills required through timely assignments, projects, attendance and other duties understand a duty of care, honesty, integrity, fairness and knowledge of principles, law and the requirements of the profession.
Duration and Availability
This course is three years full-time study or part-time equivalent. All majors in this course are available to international students studying in Australia on a study visa
Location and delivery Mode
|Year||Location||Period||All*||Internal||Partially Online Internal^||External||Fully Online#|
|2017||Bentley Campus||Semester 1||Y|
|2017||Bentley Campus||Semester 2||Y|
The information displayed above refers to study periods and locations where the course is available for first time entry. Students are normally only offered or admitted to a course once.
* The course itself may not be available either solely internally or externally but individual units may be offered in either or both of those modes. Prospective students should contact the Course Coordinator for further information.
^ Course and associated units are offered in this mode permitting International Onshore student enrolment.
# Course and associated units are offered in this online only mode and DO NOT permit International Onshore student enrolment.
|Year 1 Semester 1|
|ACCT1000||v.1||Introduction to Accounting||3.0||25.0|
|MATH1015||v.1||Linear Algebra 1||4.0||25.0|
|MATH1017||v.1||Accelerated Mathematics 1||5.0||25.0|
|STAT1002||v.1||Statistical Data Analysis||3.0||12.5|
|ACTL1001||v.1||Principles of Insurance and Superannuation||4.0||25.0|
|Year 1 Semester 2|
|STAT1000||v.1||Regression and non-Parametric Inference||3.0||12.5|
|ACTL1000||v.1||Principles of Actuarial Science||5.0||25.0|
|ECON1001||v.1 *||Actuarial Economics||5.0||25.0|
|MATH1018||v.1||Accelerated Mathematics 2||4.0||25.0|
|Year 2 Semester 1|
|FNCE2000||v.1||Introduction to Finance Principles||3.0||25.0|
|SELECT OPTIONAL UNITS TO THE TOTAL VALUE OF:||25.0|
|Year 2 Semester 2|
|MATH2004||v.1||Theory of Interest||3.0||25.0|
|MATH2005||v.1||Practical Mathematical Financial Modelling||3.0||25.0|
|SELECT OPTIONAL UNITS TO THE TOTAL VALUE OF:||25.0|
|MJRU-ACTAP||v.1||Actuarial and Applied Statistics Major (BSc Actuarial Sci)||200.0|
|MJRU-ACTUA||v.1||Actuarial Science Major (BSc Actuarial Sci)||200.0|
|Optional Units to Select from in Year 2 Semester 1||Hrs/Wk||Credit|
|INDE2000||v.1||Supply Chain Modelling and Optimisation||4.0||25.0|
|STAT1003||v.1||Introduction to Data Science||5.0||25.0|
|COMP1005||v.1||Fundamentals of Programming||4.0||25.0|
|Optional Units to Select from in Year 2 Semester 2||Hrs/Wk||Credit|
|STAT2000||v.1||Experimental Design and Analysis||4.0||25.0|
|MATH2010||v.2||Linear Algebra 2||4.0||25.0|
|INDE2001||v.1||Logistics Modelling and Optimisation||4.0||25.0|
|MATH3001||v.1||Applied Mathematical Modelling||4.0||25.0|
* Students who do not have a solid background in economics are required to contact the Course Coordinator for an alternate study plan.
If you need more course information, you may contact the relevant areas: For Current Students: Student Services Office, please click here for further details: http://students.curtin.edu.au/contact_offices.cfm For Domestic Future Students: Future Students Centre, email: email@example.com Tel: +61-8-9266 1000 For International Future Students: Curtin International, email: firstname.lastname@example.org Tel: +61-8-9266 7331
Course Structure Disclaimer
Curtin University reserves the right to alter the internal composition of any course to ensure learning outcomes retain maximum relevance. Any changes to the internal composition of a course will protect the right of students to complete the course within the normal timeframe and will not result in additional cost to students through a requirement to undertake additional units.
Information in this publication is correct at the time of printing but may be subject to change.
In particular, the University reserves the right change the content and/or method of assessment, to change or alter tuition fees of any unit of study, to withdraw any unit of study or program which it offers, to impose limitations on enrolment in any unit or program, and/ or to vary arrangements for any program.
This material does not purport to constitute legal or professional advice.
Curtin accepts no responsibility for and makes no representations, whether express or implied, as to the accuracy or reliability in any respect of any material in this publication.
Except to the extent mandated otherwise by legislation, Curtin University does not accept responsibility for the consequences of any reliance which may be placed on this material by any person.
Curtin will not be liable to you or to any other person for any loss or damage (including direct, consequential or economic loss or damage) however caused and whether by negligence or otherwise which may result directly or indirectly from the use of this publication.
International students studying in Australia on a student visa can only study full-time and there are also specific entry requirements that must be met. As some information contained in this publication may not be applicable to international students, refer to international.curtin.edu.au for further information. Australian citizens, permanent residents and international students studying outside Australia may have the choice of full-time, part-time and external study, depending on course availability and in-country requirements.