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Unit of study_

Actuarial Risk Analytics - QBUS3810

Year - 2018

Everyone working in business needs to understand and manage risk. This unit provides the basic knowledge and tools needed to do this. It includes material on the risk management strategies that every business needs, as well as specific quantitative and statistical techniques for evaluating risk. Through this unit students learn how different aspects of risk management fit together (like Value-at-Risk (VaR) and tail-VaR calculations, Monte-Carlo simulation, extreme value theory, individual and collective risk models, credibility theory and credit scoring).

1x 2hr lecture and 1x 1hr tutorial per week

assignment 1 (10%), assignment 2 (10%), assignment 3 (10%), mid-semester exam (15%), group assignment (15%), final exam (40%)


QBUS2810 or DATA2002 or ECMT2110




Faculty: Business (Business School)

Semester 1

05 Mar 2018

Department/School: Business Analytics
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Mar 2018
Unit of study level: Senior
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
Courses that offer this unit

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