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ACE-DS

Specialization in Actuarial Sciences

The Master of Actuarial Science (Specialisation) is an innovative and immersive program that combines elements of economics, finance, statistics, data analytics and advanced mathematics to develop techniques for the management of risk and business decision making. The program will develop skills in the challenge of handling 'big data’ to create practical solutions for real world problems.

Employment opportunities include working as an investment analyst, portfolio manager, actuarial consultant, insurance actuary, superannuation actuary, risk analyst, big data analyst, liability manager and high level manager.

 

MODULE CODE

MODULE TITLE

CREDIT

YEAR

SEMESTER

COMMON MODULES

DSC6131

Principles of data science

10

1

1

DSC6132

Probability and Statistical modelling

10

1

1

DSC6133

Programming for data scientists

10

1

1

DSC6134

Survey sampling methods

10

1

1

DSC6135

Machine learning and computational statistics

10

1

1

DSC6231

Computer systems and big data analytics

10

1

2

DSC6234

Research Methodology

10

1

2

ELECTIVE MODULES

DSC6232

Numerical linear algebra

10

1

2

DSC6233

Categorical data and Generalized Linear Models

10

1

2

DSC6331

GIS and spatial modelling

10

1

3

SPECIALIZATION MODULES

DSA6231

Financial Mathematics

 

10

2

2

DSA6331

Stochastic modeling and time series analysis in Finance

15

2

3

DSA6332

Actuarial models and General insurance

10

2

3

DSA6333

Risk Theory and Risk Management

10

2

3

DSC6332

Industrial Attachment

15

2

3

DSC6431

Dissertation

80

2

4

Total (each Specialization)

240

 

 

Students will choose in elective modules and modules from other specializations to complete the program with a total of  240 credits.

2 Years

Full Time,Part Time(Work Based Learning)

Face to Face,Blended Learning

Master of Science in Data Science-Actuarial Science