Course Structure (Commencing 2017)
Course Requirements
Students need to complete 32 units (192 points) in order to obtain their degree.
The course structure has the following main components:
Bachelor of Information Technology
16 units (96 points) from the Bachelor of Computer Science (refer to Faculty of IT for details)
Part A – Information technology specified study
Part B – Information technology listed major
The Bachelor of Actuarial Science:
Part A – Foundation commerce knowledge (24 points)
Part B – Actuarial Science discipline with capstone (72 points)
Foundation commerce knowledge (24 points)
Students must complete 4 compulsory commerce specified units:
o ECC1000
o ETC1000
o ECC1100
o ETC2410 / Prerequisite/s
ETC1000 / Sem1
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þ
þ
þ / Sem2
þ
þ
þ
þ
Principles of microeconomics
Business and economic statistics
Principles of macroeconomics
Introductory econometrics
Actuarial Science discipline with capstone (72 points)
Students MUST complete the following 8 units (48 points)
Prerequisite/s
nil
nil
ETC1000 and ECC1000
BFC2000 or BFC1001
ETC1000
ETC1000
ETC1000
BFC2340 or ETC2430 / Sem1
þ
þ
þ
þ
ý
þ
þ
ý / Sem2
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þ
þ
þ
þ
ý
ý
þ
o ACC1100 Introduction to financial accounting
o BFC1001 Foundations of finance
o BFC2140 Corporate Finance
o BFC2340 Debt mkts and fixed inc securities
o ETC2420 Statistical methods in insurance
o ETC2430 Actuarial statistics
o ETC2440 Mathematics for economics and
business*
o ETC3530 Contingencies in insurance and
pensions (capstone)
*If student has completed MTH1030, then ETC2440 will not be required. Replace with either ETC3400 (Principles of econometrics) or ETC3410 (Applied econometrics), as one of these is required to
progress into Honours in econometrics and business statistics
Plus 4 of the following units – List (b) (24 points)
Prerequisite/s
ETC1000
ETC2410 or ETC3440 or MTH2232
ETC2410 or ETC3440 or ETC2400
ETC2420 or ETC2520 or MTH2222
ETC2430
ETC2410 or ETC3440 or MTH2232
MTH2010 or MTH2015 or MTH2032 or ETC2440 and ETC2520 or MTH2222 / Sem1
ý
ý
þ
ý
þ
þ
þ / Sem2
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þ
þ
þ
ý
ý
ý
o ETC2520 Probability and statistical inference
o ETC3400 Principles of econometrics**
o ETC3410 Applied econometrics**
o ETC3420 Insurance mathematics
o ETC3430 Financial mathematics under uncertainty
o ETC3460 Financial econometrics
o ETC3510 Modelling in finance and insurance
**One of ETC3400 or ETC3410 is required to progress to Honours
in econometrics and Business Statistics
B20151 - Bachelor of Actuarial Science/Bachelor of Information Technology
Recommended Course Progression (commencing 2017)
Year level 1
Foundation Commerce (Compulsory)
ECC1000
Principles of
microeconomics / Foundation Commerce (Compulsory)
ETC1000
Business and economic statistics / Introductory programming unit*:
FIT1045
Introduction to algorithms and programming
OR
FIT1048
Foundations of C++
OR
FIT1051
Programming foundations / BInfoTech
Major Unit 1
Actuarial Science Discipline (Compulsory)
BFC1001
Foundations of finance / Foundation Commerce (Compulsory)
ETC2410
Introductory econometrics / FIT1047
Introduction to computer systems, networks and security / BInfoTech
Major Unit 2
Year level 2 /
Actuarial Science Discipline (Compulsory)
ETC2430
Applied stochastic modelling / Actuarial Science Discipline (Compulsory)
ETC2440
Mathematics for economics and business /
FIT1049
IT professional practice
/ BInfoTechMajor Unit 3
Actuarial Science Discipline
(Compulsory)
ETC2420
Statistical methods in insurance / Actuarial Science Discipline (Compulsory)
BFC2140
Corporate Finance / FIT2094
Databases / BInfoTech
Major Unit 4
Year level 3
Foundation Commerce (Compulsory)
ECC1100
Principles of macroeconomics / Actuarial Science Discipline (list b) at Level 3 / FIT2001*
Systems
development
OR
FIT2099*
Object-oriented design and implementation / BInfoTech
Major Unit 5
Actuarial Science Discipline (Compulsory)
ACC1100
Introduction to financial accounting / Actuarial Science Discipline (list b) at Level 2 / FIT2002
IT project management / BInfoTech
Major Unit 6
Year level 4
Actuarial Science Discipline (Compulsory)
BFC2340
Debt markets and fixed income securities / Actuarial Science Discipline (list b) at Level 3 / FIT3039*
Studio project 1
OR
FIT3047*
Industry experience studio project 1 / BInfoTech
Major Unit 7
Actuarial Science Discipline (Compulsory Capstone)
ETC3530
Contingencies in insurance and pensions / Actuarial Science Discipline (list b) at Level 3 / FIT3039*
Studio project 2
OR
FIT3048*
Industry experience studio project 2 / BInfoTech
Major Unit 8
RESPONSIBILITY FOR UNIT CHOICE
Students are advised that, while the course advisors will endeavour to give every possible assistance and advice concerning unit choice, the onus is on students to ensure that units selected meet degree regulations and requirements.
Students should refer to the University Handbook for further information on course and unit details http://www.monash.edu.au/pubs/handbooks/undergrad/index.html
CHECKLIST
o MUST complete 16 units in the Bachelor of Actuarial Science
o MUST have a minimum of 4 units at Level 3 in Bachelor of Actuarial Science