Introduction to Actuarial Specialty of Australian National University

Actuarial major is favored by many students, so what is the actuarial major of Australian National University? Come and have a look! Welcome to reading.

Introduction to Actuarial Specialty of Australian National University

Do you have a gift for mathematics? Are you looking for an "exciting" job with unlimited potential and continuous income growth?

The actuarial major of Australian National University is a respected major, which will make you an ideological leader in the financial sector. Through course study, we can show our excellent working ability anywhere in the world. Risks are everywhere, in the investment market, on the road, from our health and climate. This degree will teach you how to use your mathematical knowledge to understand, measure and manage risks. Graduates will apply mathematics, statistics, finance, economics and other skills to solve the most complicated and difficult problems facing the business world.

Australian National University actuarial professional courses

The Master of Practice in Australian National University includes 16 courses, of which 1 1 is a compulsory course and 5 elective courses.

compulsory course

Stat 6039 Principles of Mathematical Statistics Principles of Mathematical Statistics

STAT6043 actuarial study of life accident insurance

Actuarial technology of stat 6045

STAT6046 Financial Mathematics Financial Mathematics

Stat 70 18 stochastic modeling stochastic model

STAT7042 survival model survival model

STAT8035 branch principle of risk theory

STAT8036 credit theory credit principle

ACST8033 control cycle b control cycle b

ACST8040 control period A 1 control period A 1

ACST804 1 control cycle A2 control cycle A2

elective

Choose two courses from the following courses.

ACST8047 advanced life insurance advanced life insurance

Acst8048 advanced general insurance advanced general insurance

Acst8049 Advanced Global Retirement Income System Advanced Global Retirement Income System

FINM8006 Advanced Investment Advanced Investment Science

ACST 8060 enterprise risk management I enterprise risk management 1

Acst 806 1 enterprise risk management II enterprise risk management 2

Choose 3 courses from the following courses.

ACST actuarial study

BUSI business business

ECHI economic history economic history

ECON economics economics

EMET econometrics

Financial management financial management

MGMT management

MKTG marketing

MMIB management, marketing and international business management, marketing and international business.

Statistics. Statistics.

Admission requirements for actuarial major in Australian National University

1. Academic requirements:

Average requirements: 985-75%, 2 1 1-80%, not-85%;

Background Professional Requirements: Bachelor degree in economics, finance, accounting, information system, marketing, mathematics or statistics, engineering, etc. At least one mathematics course includes calculus and linear algebra, as well as basic mathematical statistics and financial mathematics knowledge;

2. Language requirements:

IELTS: total score 6.5, single item: 6.

TOEFL: total score 80, single item: writing and reading 20, listening and speaking 18.

Australian national university actuarial professional immigration related.

Immigration major: Yes.

Australian Association for Accreditation of Studying Abroad (VET)

How to apply for actuarial major in Australian National University?

Application fee: 100 Australian dollar.

Application time: 3-7 weeks.

Australian National University is one of the top eight universities in Australia, ranking 25th in the world on 20 15.

The basic application information of Australian National University is:

1 application fee 100 Australian dollars.

The application period is 3-7 weeks.

The admission principle is: qualified admission, qualified admission notice can be issued;

Employment Prospects of Actuarial Major in Australian National University

Available jobs:

Australian actuaries have many attractive career opportunities, including: investment analyst, fund manager/investment manager, responsibility manager, actuarial insurance broker, consultant and senior manager.

Career development channels:

Actuaries are a general concept. Actuaries will be divided into two grades in AI, and it takes 2-3 parts of education to get an actuary.

Associate member (actuary): Part 1+Part 2+ 3 years experience+professional SM course.

Researcher (Actuary): Associate Member+Part 3

These two professional qualifications are a strong support for our professional development. Actuarial graduates can only pass part 1 and part 2 at most. If they want to become quasi-actuaries, they need to accumulate 3 years of relevant work experience and complete professional courses. Or quasi-actuary qualification, if you want to further improve your career, you can consider completing the course of Part 3 and becoming a real actuary.

Salary (Australia): 94,000

Employment data analysis:

Actuaries are a pyramid-like profession with two characteristics: First, people at the top of the tower are high above them, and even if they look up, they may not be able to see clearly. Second, there are very few people at the top of the tower, all of whom are elites. If we can climb to the top of the tower, we will succeed. If you care too much about the risk of not climbing to the top, don't consider this major. Actuarial science is a minority major, which is not suitable for most students.

In the past five years, the actuarial industry has been showing a relatively large negative growth, reaching 27.9%; This grim situation has not changed much in the past two years, and it is still a negative growth of 2 1.7%.

However, this does not prevent those who are at the top of the tower from earning 10W or even more every year. Career development is not simply the pursuit of "less pay, more income". If so, isn't the final situation "something for nothing"? There is nothing for nothing in this world, so the idea of "getting more with less" is unrealistic in at least many places, including our career. We don't want to suggest that every student choose actuarial major, but we don't want those students who have passion and goals for actuarial science to give up their possible ideals just because of these simple data.