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A course mapper by Monash Association of Coding (MAC)
Statistical modelling for actuarial studies
ETC2560
Synopsis
This unit aims to provide an introduction of several important mathematical and statistical techniques that are of particular relevance to actuarial work. It covers the topics of exploratory data analysis, linear regression, generalised linear models, Bayesian statistics, and credibility theory, with a focus on their use in actuarial and insurance problems.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 2
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Econometrics and Business Statistics
- Handbook year
- 2026
Prerequisites (8)
- Business statisticsETB1100
- Business and economic statisticsETC1000
- Business statisticsETF1100
- Introduction to statistical analysisETW1001
- Business statisticsETX1100
- Business information analysisFIT1006
- Introduction to statistical reasoningSCI1020
- Statistical methods for scienceSTA1010
What it unlocks (11)
- Introduction to machine learningETC3250
- Applied insurance methodsETC3420
- Financial econometricsETC3460
- Applied forecastingETC3550
- Advanced statistical modellingETC3580
- Introduction to machine learningETC5250
- Applied insurance methodsETC5342
- Financial econometricsETC5346
- Applied forecastingETC5550
- Business forecastingETF3231
- Business forecastingETF5231
Offerings (1)
- Second semesterClayton · BLENDED
Listed in 2 areas of study
- Actuarial studiesCore units
- Actuarial studiesCore units