Bachelor of Science (Actuarial and Applied Statistics)

Comments about Bachelor of Science (Actuarial and Applied Statistics) - On Campus - Bentley - Western Australia

• Objectives
  This double major, which can be taken as part of the Bachelor of Science - School of Science and Computing, will develop your knowledge in statistics and prepare you to apply it in the fields of finance, banking and insurance. Much of the recent work in these disciplines relies on statistical techniques developed and applied from more general statistical frameworks. The demand for risk management skills is very strong in Australia and overseas as the investment markets develop more sophisticated products and services and the insurance market faces more complicated factors such as global warming and terrorism. Many of the basic fundamental models in these areas are developed using statistical methods. Upon completion of this course you will graduate with a Bachelor of Science (Actuarial and Applied Statistics).
• Entry requirements
  TEE Applicable Mathematics. TEE Calculus is desirable. If Introductory Calculus has not been studied, a bridging unit may be required.
• Academic Title
  Bachelor of Science (Actuarial and Applied Statistics)
• Course description
   311155 v.1 Actuarial and Applied Statistics Major (Bachelor of Science)
  
  Introduction
  
  This double major is designed for those who wish to apply their knowledge in statistics to the fields of finance, banking and insurance. Much of the recent work in these disciplines relies on statistical techniques developed and applied from more general statistical framework. The demand for risk management skills is very strong in Australia and overseas as the investment markets develop more sophisticated products and services and the insurance market faces more complicated factors such as global warming and terrorism. Many of the basic fundamental models in these areas are developed using statistical methods.
  
  Course Entry Requirements/Prerequisites
  TEE Applicable Mathematics. TEE Calculus is desirable.
  
  Specific Requirements
  
  STAT is not acceptable for mature age entry but may be used to demonstrate English Competence requirements.
  
  Duration and Availability
  
  3 years' full-time study or part-time equivalent.
  
  Further Information
  
  For more information contact the Career Consultant in the Faculty of Science and Engineering
  
  Course Structure                                                                     Hrs/Wk     Credit
  
  Year 1 Semester 1
  10987       v.5           Accounting 100                                                 3.0     25.0
  1234         v.4           Economics 100                                                  3.0     25.0
  307590     v.2           Statistical Data Analysis 101                             3.0     12.5
  310532     v.1           Statistical Data Analysis 102                             3.0     12.5
  7062         v.6           Mathematics 101                                               5.0     25.0
        OR
  10926       v.5           Mathematics 103                                               5.0     25.0
                                                                                                                      100.0
  
  Year 1 Semester 2
  11001     v.3           Economics (Macro) 101                                        3.0     25.0
  306542   v.2           Principles of Actuarial Science 101                       5.0     25.0
  307554   v.1           Science Communications 101                              2.0     12.5
  307591   v.2           Statistical Data Analysis 103                               3.0     12.5
  7063       v.6           Mathematics 102                                                 5.0     25.0
        OR
  7492       v.5           Mathematics 104                                                 5.0     25.0
                                                                                                                      100.0
  
  Year 2 Semester 1
  12607     v.3           Finance (Principles) 215                                      3.0     25.0
  302315   v.2           Mathematical Statistics 202                                4.0     25.0
  4515       v.5           Scientific Computing 201                                     4.0     25.0
  8127       v.6           Advanced Calculus 201                                       4.0     25.0
                                                                                                                      100.0
  
  Year 2 Semester 2
  311622     v.1           Theory of Interest 202                                      3.0     25.0
  311623     v.1           Practical Mathematical Financial Modelling 302  3.0     25.0
  8128         v.6           Linear Algebra 202                                            4.0     25.0
  8393         v.9           Experimental Design and Analysis 202              4.0     25.0
                                                                                                                      100.0
  
  Year 3 Semester 1
  302316     v.1           Statistical Inference 301                                     4.0     25.0
  311007     v.1           Statistical Modelling 301                                     4.0     25.0
  311624     v.1           Actuarial Statistics 301                                       4.0     25.0
                                   SELECT ELECTIVE UNITS TO THE TOTAL VALUE OF:      25.0
                                                                                                                       100.0
  
  Year 3 Semester 2
  310982     v.1           Sample Survey 302                                             4.0     25.0
  310983     v.1           Statistical Consulting Project 302                       4.0     25.0
  3975         v.5           Applied Statistics 302                                         4.0     25.0
                                   SELECT ELECTIVE UNITS TO THE TOTAL VALUE OF:      25.0
                                                                                                                       100.0

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