ACTRLSTD07 Actuarial studies
Faculty of Business and Economics
Actuarial studies (ACTRLSTD07) is a major worth 48 credit points, listing 12 units, taught at Clayton. It is offered in 1 course: Bachelor of Commerce.
- Credit points
- 48
- Units
- 12
- Campus
- Clayton
- Offered in
- 1 course
The 2027 handbook has no page for ACTRLSTD07. This is its 2026 entry, the latest one.
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Requisite map
Overview
Actuarial studies applies mathematical and statistical methods to assess risk in insurance, finance and other industries. As a graduate of actuarial studies you will be able to seek employment in finance and business fields dealing with life, general or health insurance, superannuation, risk management and financial consulting. Many actuaries and actuarial graduates work on investment operations for asset managers, brokers and banks. There is a range of government-related jobs in regulatory control, workers' compensation, education and others. Some actuaries work with large companies on long-term strategic planning.
Refer to the Monash Business School professional recognition page for information about specific units that may be required for professional recognition.
Availability
Actuarial studies is listed in B2001 Bachelor of Commerce at Clayton as a major and minor.
Structure
Rules
Core units42 credit points
- ETC2430Actuarial cash flow modellingNo reviews yet6 cp
- ETC2440Mathematics for economics and businessNo reviews yet6 cp
- ETC2560Statistical modelling for actuarial studiesNo reviews yet6 cp
- ETC2520Probability and statistical inference for economics and businessNo reviews yet6 cp
- ETC3420Applied insurance methodsNo reviews yet6 cp
- ETC3430Financial mathematics under uncertaintyNo reviews yet6 cp
- ETC3530Life insurance mathematicsNo reviews yet6 cp
Additional actuarial studies units6 credit points
Courses that offer it
Learning outcomes
- 1
Identify, analyse and quantify risk and opportunity using mathematical, econometric and financial analyses in a wide range of business settings