ACTL30003 Contingencies
University of Melbourne · Level 3 · 12.5 points · Runs in 2026: Semester 2.
- Final exam 70%: exam-heavy
- About 3 class hours a week
Is ACTL30003 hard?
ACTL30003: 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
Pricing life insurance and annuities and setting reserves when payments depend on one or more lives.
After it you can
- Value insurance and annuities on one or two lives
- Calculate gross premiums and reserves
- Profit-test policies with spreadsheet cash flows
What you need first
ACTL30001 or ACTL20006
Can’t be taken together with
- ACTL90001
- ACTL90002
How it’s assessed
Tests 15%, Assignments 15%, 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 ACTL30003 offered?
- Runs in 2026: Semester 2.
- What do I need before taking ACTL30003?
- Needs ACTL30001 or ACTL20006.
- Does ACTL30003 have a final exam?
- Yes, the final exam is 70% of the mark. You must pass the exam on its own. Assessment: Tests 15%, Assignments 15%, Final exam 70%.
- How many class hours a week does ACTL30003 have?
- 3 h a week in class
- Can I take ACTL30003 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.
- Can I rate ACTL30003?
- 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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