UNSW Business School Postgraduate guide Postgraduate Guide_2018 | Page 9

UNSW Business School Postgraduate Guide 2018 7 MASTER OF ACTUARIAL STUDIES ( E X T E N S I O N ) ( 8 41 6 ) Becoming an actuary can be demanding, but in this extended program, you will develop beyond the core technical knowledge, enabling you to work across diverse industries, from insurance and superannuation through to banking and healthcare. You’ll have the opportunity to obtain exemptions from the professional examinations of the Actuaries Institute Australia. February or July Kensington Campus 1.5 or 2 years (full-time) Face-to-face Full-time or part-time Day and evening classes WHAT YOU STUDY Compulsory courses • Probability & Statistics for Actuaries • Financial Mathematics • Finance & Financial Reporting for Actuaries • Business Economics Elective courses (sample list) • Actuarial Theory & Practice A • Stochastic Modelling for Actuaries • Actuarial Statistics • Life Insurance & Superannuation • Insurance Risk Models • Financial Economics for Insurance & Superannuation • Actuarial Theory & Practice B • Models for Risk Management • Risk & Capital Management • Asset-Liability Management • Superannuation & Retirement Benefits • Retirement Planning • Financial Econometrics • Derivatives & Risk Management Techniques • Computational Methods for Finance PROGRAM STRUCTURE 16 courses (96 UOC) consisting of: • 4 compulsory courses • 12 elective courses ENTRY REQUIREMENTS A recognised Bachelor degree (or equivalent) majoring in Actuarial Studies, Econometrics, Mathematics or Statistics with a credit average grade (65% or higher), as determined by UNSW Business School. RECOGNITION OF PRIOR LEARNING Up to four courses (24 UOC) may be awarded based on previous studies in Actuarial Studies (Bachelor or higher). PROFESSIONAL RECOGNITION Actuaries Institute Australia – Part I, Part II and/or Part III (7A Enterprise Risk Management); Institute and Faculty of Actuaries (UK) – Core Technical (CT) 1-8 subjects; Society of Actuaries (USA) – Validation by Educational Experience (VEE).