Financial Mathematics III

• ACTL30006
• Contact Hours: Two x 1-hour lecture during semester; An additional one hour lecture every 3rd week during semester; 1x1 hour tutorial per week commencing in second week of semester.
  Total Time Commitment: Not available
• 12.50

This subject introduces actuarial students to stochastic asset liability modelling. It aims to expand the student's knowledge of basic actuarial principles in the fields of investments and asset management. Topics include: utility theory, stochastic dominance, measures of investment risk, portfolio theory, models of asset returns, asset liability modelling, equilibrium models, the efficient markets hypothesis, stochastic models of security prices and Brownian Motion and its application. -- Course Website

Prerequisites: The following:<br/> Subject Study Period Commencement: Credit Points: ACTL20002 Financial Mathematics II Semester 2 12.50