B-ACTUAR v.2 Bachelor of Science (Actuarial Science)
Curtin University
About
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.
Course Accreditation
This course is accredited by the Actuaries Institute.
Professional Recognition
This course is recognised by the Actuaries Institute. The course offers students the opportunity to gain exemptions from all six subjects comprising the Foundation program of the Actuaries Institute examinations (exemption criteria apply).
Structure
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/specialisations for students to choose from to pursue learning in a specialised area of study. Students can take no more than 250 credit points of first year level units.
Course Learning Outcomes
A graduate of this course can:
1. acquire discipline knowledge and professional capabilities to identify a problem, research and interpret the data and apply appropriate techniques to develop an effective solution;
2. understand contemporary issues relevant to the actuarial working environment; demonstrate cross-cultural awareness and respect;
3. apply discipline knowledge and problem solving skills to critically approach challenging, relevant problems and develop innovative solutions
4. show awareness of relevant global developments; understand how to respond to change, by monitoring results and through self-reflection and ongoing learning, in order to apply and adapt knowledge and skills
5. apply computer software appropriately to gather and prepare data, perform calculations, analyse and communicate results; use relevant digital technology to communicate effectively in a manner appropriate to the audience and purpose
6. collaborate with others in teams, displaying high ethical and moral standards in addition to problem solving and time management skills, in order to solve problems relevant to a range of stakeholders
YEAR 1 SEMESTER 1
| Code | Version | Course Name | HRS/WK | Credit |
|---|---|---|---|---|
| NPSC1003 | v.2 | Integrating Indigenous Science and STEM | 3.0 | 25.0 |
| MATH1015 | v.1 | Linear Algebra 1 | 4.0 | 25.0 |
| OR | ||||
| MATH1017 | v.2 | Advanced Mathematics 1 | 5.0 | 25.0 |
| ACTL1002 | v.1 | Introduction to Actuarial Science | 4.0 | 25.0 |
| STAT1005 | v.1 | Introduction to Probability and Data Analysis | 3.0 | 25.0 |
| 100.0 |
YEAR 1 SEMESTER 2
| Code | Version | Course Name | HRS/WK | Credit |
|---|---|---|---|---|
| FNCE2003 | v.3 | Business Analysis for Investment | 3.0 | 25.0 |
| ACTL1003 | v.1 | Introductory Actuarial Practices | 3.0 | 25.0 |
| STAT1006 | v.1 | Regression and Nonparametric Inference | 4.0 | 25.0 |
| MATH1016 | v.1 | Calculus 1 | 5.0 | 25.0 |
| OR | ||||
| MATH1018 | v.2 | Advanced Mathematics 2 | 4.0 | 25.0 |
| 100.0 |
YEAR 2 SEMESTER 1
| Code | Version | Course Name | HRS/WK | Credit |
|---|---|---|---|---|
| FNCE3000 | v.1 | Corporate Finance | 3.0 | 25.0 |
| STAT2001 | v.2 | Mathematical Statistics | 4.0 | 25.0 |
| MATH2004 | v.1 | Theory of Interest | 4.0 | 25.0 |
| SELECT OPTIONS TO THE TOTAL VALUE OF: | 25.0 | |||
| 100.0 |
YEAR 2 SEMESTER 2
| Code | Version | Course Name | HRS/WK | Credit |
|---|---|---|---|---|
| ECON1001 | v.2 | Actuarial Economics | 4.0 | 25.0 |
| STAT3006 | v.1 | Investment Science 1 | 4.0 | 25.0 |
| STAT3001 | v.2 | Statistical Modelling | 4.0 | 25.0 |
| STAT3005 | v.2 | Stochastic Processes | 4.0 | 25.0 |
| 100.0 |
YEAR 3 FULL YEAR
| Code | Version | Course Name | HRS/WK | Credit |
|---|---|---|---|---|
| MJRU-ACTSC | v.1 | Actuarial Science Major (BSc Actuarial Sci) | 200.0 | |
| OR | ||||
| MJRU-ACTAS | v.1 | Actuarial and Applied Statistics Major (BSc Actuarial Sci) | 200.0 | |
| 200.0 |
OPTIONS TO SELECT FROM IN YEAR 2 SEMESTER 1
| Code | Version | Course Name | HRS/WK | Credit |
|---|---|---|---|---|
| MATH2009 | v.2 | Calculus 2 | 4.0 | 25.0 |
| COMP1005 | v.1 | Fundamentals of Programming | 4.0 | 25.0 |
| MATH2011 | v.1 | Operations Research | 4.0 | 25.0 |
| INVE3001 | v.1 | Portfolio Management | 3.0 | 25.0 |
| INDE2000 | v.1 | Supply Chain Modelling and Optimisation | 4.0 | 25.0 |
| MATH2015 | v.1 | Mathematical Computing | 4.0 | 25.0 |
Entry requirements
Applicants for a Bachelor Degree are required to meet University academic and English language entry standards; details are provided at http://study.curtin.edu.au/ and include flexible entry pathways. Any specific course entry and completion requirements must also be met.
Required: Mathematics Methods ATAR. Desirable: Mathematics Specialist ATAR. STAT is not acceptable.
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/non-school-leavers/rpl.cfm
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.
Institution
