Financial mathematics under uncertainty

ETC5343

Synopsis

Financial Mathematics under uncertainty will cover the topics of Markov chain, Markov process, survival models, mortality estimation, graduation, censoring, mortality projection, and machine learning applications.

Sourced from the Monash Handbook 2026.

Quick facts

Credit points: 6
Level: 5
Audience: Undergraduate
Type: Coursework
School: Faculty of Business and Economics
Faculty: Department of Econometrics and Business Statistics
Handbook year: 2026

Prerequisites (3)

Actuarial cash flow modellingETC2430
Probability and statistical inference for economics and businessETC2520
Probability and statistical inference for economics and businessETC5252

What it unlocks

Nothing in the visible graph depends on this unit.

Offerings (1)

First semesterClayton · ON-CAMPUS