Download 4439 Master of Actuarial Studies

4439 – Master of Actuarial Studies
Course Map (Commencing 2016, Clayton)
Course Requirements
 Students must complete a total of 96 credit points to complete the Master of Actuarial Studies.
Compulsory Units
Students must complete all compulsory common core units:
Section A
Students must complete the following eight core units (54 credit points)
 BFC2340
Debt markets and fixed income securities – Semester 1 (Prerequisites: AFC2000 or BFC2000)
 ETC2410
Introductory econometrics – Semester 1 & 2 (Prerequisite: ETC1000)
 ETC2430
Actuarial statistics – Semester 2 (Prerequisites: ETC1010 or STA1010 or permission)
 ETC5252*
Probability and statistical inference for economics and business – Semester 2 (*students may enrol in ETC2520)
 ETC4110
Actuarial practice I – Semester 1 (Prerequisite: permission required)
 ETC4120
Actuarial practice II – Semester 2 (Prerequisite: permission required)
 ETC4130
Asset liability management – Semester 1 (Prerequisite: permission required)
 ETF5550 OR
Research project (12 credit points) – Semester 1 & 2 (Prerequisite: must have completed 24 credit points
from the Department of Econometrics and Business Statistics)
 ETF5555
Minor thesis (12 credit points) – Not offered 2016
Section B
Students must complete a further seven units (42 credit points) from units offered by the Department
of Econometrics and Business Statistics or another department in the Faculty of Business and
Economics or by other faculties subject to the approval of the course coordinator
Course Coordinator Recommended Elective Units
 ETC5353
Contingencies in insurance and pension – Semester 2 (Prerequisites: ETC2430 or equivalent)
 ETC5342
Insurance statistics – Semester 2 (Prerequisites: ETC2520 or equivalent)
 ETC5346
Financial econometrics – Semester 1 (Prerequisite: permission required)
 ETC5351
Modelling in finance and insurance – Semester 1 (Prerequisites: ETC2520 or ETC2440 or equivalent)
 ETC5340
Principles of econometrics – Semester 2 (Prerequisites:ETC2410 or ETC3440 or equivalent)
 ETC5341
Applied econometrics – Semester 1 & 2 (Prerequisites: ETC2410 or ETC3440 or equivalent)
 ETC5440
Econometric theory – Not offered in 2016
 ETC5441
Applied econometrics 2 – Semester 2 (Prerequisites: ETC3400 or ETC5340 or ETC3410 or ETC5341 or
ETC3450 or ETC5345 or ETF3200 or ETF5320)
 ETC5420
Microeconometrics – Semester 1 (Prerequisites:ETC3400 or ETC3410 or ETC5340 or ETF3200)
 ETC5460
Financial econometrics 2 – Semester 2 (Prerequisites: ETC3460 and ETC3400 or ETC3410 or ETC3450 or
ETC5346 or ETC5340 or ETC5341 or ETC5345 or permission)
 ETC5410
Bayesian time series econometrics – Semester 2 (Prerequisites: ETC3400 or ETC5340 or equivalent)
 ECF5927
Managerial economics – Semester 1
 ECF5923
Macroeconomics and monetary policy – Semester 1
 ETF5231
Business forecasting – Semester 1 (Prerequisites: ETF2100 or ETX2121 or ETF2121 or ETF5910 or ETF5912
or ETF5930 or equivalent)
 ETF5600
Quantitative models for business research – Not offered 2016
 ETF5200
Applied time series econometrics – Semester 1 (Prerequisites: ETF3200 or ETF3300 or ETC3410 or
ETC5341 or ETF5320 or permission)
 ETF5500
Survey data analysis – Semester 2 (Prerequisites: ETF2100 or ETX2121 or ETF2121 or ETF5910 or ETF5912
or equivalent)
 ETF5300
Applied financial econometrics – Semester 2 (Prerequisites: ETF3200 or ETF3300 or ETC3460 or ETF5930
or equivalent)
 ETF5410
Special topics in econometrics – Not offered 2016
Every effort has been made to ensure that the information provided is correct at the time of publication.
Monash University reserves the right to alter this information should the need arise. September 2016.
4439– Master of Actuarial Studies
Recommended Course Progression (Commencing 2016)
Year 1
Semester 1
Semester 2
Section A
BFC2340
Debt markets and fixed
income securities
6 Pts
Section A
ETC2430Actuarial statistics
6 Pts
Section A
ETC2410
Introductory econometrics
6 Pts
Section A
ETC4110
Actuarial practice I
6 Pts
Section B
(Choice 1)
Student choice
6 Pts
Section A
ETC2520
Probability and statistical
inference for economics and
business
6 Pts
Section A
ETC4120
Actuarial practice II
6 Pts
Section B
(Choice 2)
Student choice
6 Pts
Section B
ETC4130
Asset liability management
6 Pts
Section A
ETF5550
Research project OR
ETF5555
Minor thesis
12 Pts
Section B
(Choice 3)
Student choice
6 Pts
Section B
(Choice 4)
Student choice
6 Pts
Section B
(Choice 6)
Student choice
6 Pts
Section B
(Choice 5)
Student choice
6 Pts
Section B
(Choice 7)
Student choice
6 Pts
Year 2
Semester 3
Semester 4
RESPONSIBILITY FOR UNIT CHOICE
Students are advised that, while the course advisors will endeavour to give every possible assistance and advice concerning unit choice, the onus is on
students to ensure that units selected meet degree regulations and requirements.
Students should refer to the University Handbook for further information on course and unit details
http://www.monash.edu.au/pubs/handbooks/postgrad/bus-courses.html
Every effort has been made to ensure that the information provided is correct at the time of publication.
Monash University reserves the right to alter this information should the need arise. September 2016.