ACTU-MAJ Actuarial studies
Faculty of Business and Economics
Actuarial studies (ACTU-MAJ) 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
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Requisite map
Overview
Actuarial studies gives you a thorough grounding in mathematical and predictive frameworks for evaluating risk, managing uncertainty and ensuring long-term financial stability. You will develop strong skills in cash flow modelling, applied insurance methods, life insurance mathematics and financial economics. The major emphasises critical thinking, evidence-based problem solving and the ethical use of data science and digital tools, preparing you for careers in consulting, insurance, banking and government policy.
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
You must complete 48 credit points comprising:
- 42 credit points of core units; and
- 6 credit points of specified discipline units.
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
Specified discipline units6 credit points
Courses that offer it
Notes
Please note that this Area of Study was previously coded as ACTRLSTD07.
Common questions
Major details
- Type
- Major
- Study level
- Undergraduate
- Credit points
- 48
- Faculty
- Faculty of Business and Economics
- Handbook years
- 2027