ACTL30007 Actuarial Modelling III
University of Melbourne · Level 3 · 12.5 points · Runs in 2026: Semester 1.
- Final exam 60%: exam-heavy
- About 3 class hours a week
Is ACTL30007 hard?
ACTL30007: About average. Not counted by Bachelor of Science, so it isn't on its lists. Makes it harder: Final exam 60%, You must pass the exam on its own. No student reviews yet — based on the Handbook only.
What you learn
Modelling claim sizes and total claims in general insurance, including reinsurance, dependence and time series.
After it you can
- Fit loss distributions and test the fit
- Model total claims with and without reinsurance
- Use copulas and extreme value theory for big losses
What you need first
ACTL20003 and MAST20005
How it’s assessed
Assignments 25%, Tests 15%, Final exam 60%
Student reviews and ratings
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Quick answers
- When is ACTL30007 offered?
- Runs in 2026: Semester 1.
- What do I need before taking ACTL30007?
- Needs ACTL20003 and MAST20005.
- Does ACTL30007 have a final exam?
- Yes, the final exam is 60% of the mark. You must pass the exam on its own. Assessment: Assignments 25%, Tests 15%, Final exam 60%.
- How many class hours a week does ACTL30007 have?
- 3 h a week in class
- Can I take ACTL30007 as breadth?
- No, it isn’t listed as breadth for any course.
- Can I rate ACTL30007?
- 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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