ACTL30001 Actuarial Modelling I
University of Melbourne · Level 3 · 12.5 points · Runs in 2026: Semester 1.
- Final exam 70%: exam-heavy
- About 3 class hours a week
Is ACTL30001 hard?
ACTL30001: About average. Not counted by Bachelor of Science, so it isn't on its lists. Makes it harder: Final exam 70%, You must pass the exam on its own. No student reviews yet — based on the Handbook only.
What you learn
Maths and statistics models used in life insurance, such as survival models and models of moving between states.
After it you can
- Build models of people moving between states
- Estimate death and transition rates from data
- Apply Markov chains to insurance problems
What you need first
MAST20005 and ACTL20002 and ACTL20003
What it leads to
Careers
Helps toward: Statistician, Actuary
How it’s assessed
Assignments 30%, Final exam 70%
Student reviews and ratings
No student reviews yet — be the first to rate it.
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Quick answers
- When is ACTL30001 offered?
- Runs in 2026: Semester 1.
- What do I need before taking ACTL30001?
- Needs MAST20005 and ACTL20002 and ACTL20003.
- Does ACTL30001 have a final exam?
- Yes, the final exam is 70% of the mark. You must pass the exam on its own. Assessment: Assignments 30%, Final exam 70%.
- How many class hours a week does ACTL30001 have?
- 3 h a week in class
- Can I take ACTL30001 as breadth?
- Yes, for: Bachelor of Arts, Bachelor of Design, Bachelor of Fine Arts (Acting), Bachelor of Fine Arts (Animation), Bachelor of Fine Arts (Dance), Bachelor of Fine Arts (Film and Television), Bachelor of Fine Arts (Music Theatre), Bachelor of Fine Arts (Production), Bachelor of Fine Arts (Screenwriting), Bachelor of Fine Arts (Theatre), Bachelor of Fine Arts (Visual Art), Bachelor of Music.
- What can I take after ACTL30001?
- 1 subjects need it first, for example ACTL30003.
- Can I rate ACTL30001?
- Yes. If you've taken it, rate it anonymously on this page (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Averages show once 3 students have rated it; tips are checked before they appear.
Source: University of Melbourne Handbook 2026
Always confirm in the official Handbook.
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