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This course will introduce students to advanced research topics in actuarial studies is meant for higher degree by research students

This course imparts the knowledge necessary to provide effective financial advice for retirement planning in the context of increasingly complex financial products and government policies. The course will cover the presentation, evaluation and implications of retirement risks including longevity risk, inflation risk, investment risk, employment risk, adequacy (replacement) risk, contingency … For more content click the Read More button below.This course imparts the knowledge necessary to provide effective financial advice for retirement planning in the context of increasingly complex financial products and government policies. The course will cover the presentation, evaluation and implications of retirement risks including longevity risk, inflation risk, investment risk, employment risk, adequacy (replacement) risk, contingency risk and political risk; the design and features of existing and proposed superannuation and retirement income policies and products; the public Age Pension and other publicly provided benefits and their interaction with superannuation and other private benefits; residential options for older Australians; financing of health and aged care; estate planning; understanding the consumer; and designing a 'retirement plan'. A novel feature of the course is the integration of key retirement risks in the prescribed retirement plans as well as consideration of behavioural influences.Read More

This course examines saving and spending decisions by individuals and households over the lifecycle in the context of national retirement savings and incomes policies. We examine the economic and financial risks facing both individuals and product providers, as well as behavioural explanations for deviations from economic rationality and the lifecycle … For more content click the Read More button below.This course examines saving and spending decisions by individuals and households over the lifecycle in the context of national retirement savings and incomes policies. We examine the economic and financial risks facing both individuals and product providers, as well as behavioural explanations for deviations from economic rationality and the lifecycle model. Topics covered include: a taxonomy of the lifecycle; lifecycle theories of consumption and saving; investment strategy, human capital and the retirement decision: risks facing individual retirees and providers of retirement income products (investment risk, longevity risk, interest rate risk, inflation risk, replacement risk); market failure in the retirement benefit market; behavioural explanations for non-rational behaviour including myopia, procrastination, mental accounting, complexity, framing, loss aversion etc.Read More

This course covers the actuarial professional associateship syllabus for the data analytics process. It combines data analytics and modelling concepts with the practical applications of modern analytical tools and techniques, as well as their actuarial applications. This course covers the key iterative steps involved in building a model - business … For more content click the Read More button below.This course covers the actuarial professional associateship syllabus for the data analytics process. It combines data analytics and modelling concepts with the practical applications of modern analytical tools and techniques, as well as their actuarial applications. This course covers the key iterative steps involved in building a model - business understanding, data understanding and preparation, modelling, evaluation, communication and deployment. Particular focus will be on the selection of appropriate predictive modelling techniques for a stated situation and how to evaluate the suitability of a model, taking into account business context and objectives, as well as on the communication of modelling results to a range of business decision making audiences.Read More

This course covers the knowledge, skills and judgement necessary to understand investment and asset liability modelling with an emphasis on practical issues. It covers the design and monitoring of investment strategies for a range of liability profiles including life insurance, general insurance and superannuation funds. There is an emphasis on … For more content click the Read More button below.This course covers the knowledge, skills and judgement necessary to understand investment and asset liability modelling with an emphasis on practical issues. It covers the design and monitoring of investment strategies for a range of liability profiles including life insurance, general insurance and superannuation funds. There is an emphasis on investment and asset issues of relevance for the management of liabilities. The course has been designed to cover the International Actuarial Association syllabus covering Investments and Asset Analysis and the Institute of Actuaries of Australia Investments professional syllabus.Read More

This course covers the motivations and techniques for risk and capital management in financial institutions, including insurers, reinsurers, superannuation funds, and banks and the major types of risks encountered. Topics covered include: economic and regulatory capital; regulatory frameworks for banks and insurers; quantitative and qualitative issues of measuring and management … For more content click the Read More button below.This course covers the motivations and techniques for risk and capital management in financial institutions, including insurers, reinsurers, superannuation funds, and banks and the major types of risks encountered. Topics covered include: economic and regulatory capital; regulatory frameworks for banks and insurers; quantitative and qualitative issues of measuring and management of market risk, credit risk, interest rate risk, operational risk, liquidity risk and model risk, with particular emphasis on data issues met when quantifying those risks; scenario analysis and stress testing methods. Together with ACTL4301/ACTL5301 it is designed to cover the course topics for the professional actuarial Enterprise Risk Management / CERA qualification.Read More

This course explores quantitative methods of risk measurement and modelling in financial institutions, including insurers, reinsurers, superannuation funds, and banks, and the major types of risks encountered therein. Topics covered include: risk measures; multivariate models for risks; copulas and dependence models; extreme value theory and tails of losses; time series … For more content click the Read More button below.This course explores quantitative methods of risk measurement and modelling in financial institutions, including insurers, reinsurers, superannuation funds, and banks, and the major types of risks encountered therein. Topics covered include: risk measures; multivariate models for risks; copulas and dependence models; extreme value theory and tails of losses; time series techniques. The links between the different modelling tools are explored, and are further illustrated with models used in different risk types.Read More

This course develops the theory and practice underlying the actuarial management of risk-based and other products offered by financial institutions. It draws examples from actuarial practice and discusses implications for life insurance, general insurance, superannuation, asset-liability management and other areas where actuaries are involved in product design, pricing, reserving, investment … For more content click the Read More button below.This course develops the theory and practice underlying the actuarial management of risk-based and other products offered by financial institutions. It draws examples from actuarial practice and discusses implications for life insurance, general insurance, superannuation, asset-liability management and other areas where actuaries are involved in product design, pricing, reserving, investment and surplus management. The course emphasises recent developments in actuarial theory and practice. This course, along with ACTL4001/ACTL5100, corresponds to the Actuarial Control Cycle in the Associateship Program of the Actuaries Institute.Read More

This course covers the actuarial professional syllabus for data analysis including techniques for mortality, health, and insurance data used in actuarial analysis and decision-making. The course covers aspects of data analysis including exploratory data analysis, data checking and cleaning, and data visualization; classification and prediction with regression and generalized linear … For more content click the Read More button below.This course covers the actuarial professional syllabus for data analysis including techniques for mortality, health, and insurance data used in actuarial analysis and decision-making. The course covers aspects of data analysis including exploratory data analysis, data checking and cleaning, and data visualization; classification and prediction with regression and generalized linear models; descriptive, inferential and predictive analysis and models; and statistical and machine learning including supervised and unsupervised learning. The course also covers ethical, regulatory and professional issues, and risks and risk management associated with using data and data analysis. A particular focus will be placed on communication of technical results for business applications.Read More

The aim of this course is to introduce the mathematical and economic models of financial economics used by actuaries and to overview their application to asset-liability management. The topics are illustrated with applications to the valuation, actuarial and risk management of insurance and superannuation contracts especially those with embedded options … For more content click the Read More button below.The aim of this course is to introduce the mathematical and economic models of financial economics used by actuaries and to overview their application to asset-liability management. The topics are illustrated with applications to the valuation, actuarial and risk management of insurance and superannuation contracts especially those with embedded options and financial guarantees.Read More