Diploma of Mathematical Sciences - Actuarial Major Course Plans

The following are typical course plans for students in the Bachelor of Commerce with a major in Actuarial Studies combined with the Diploma of Mathematical Sciences with a major in Statistics and Stochastic Processes. It is possible to overload to complete both the Bachelor degree and the Diploma in less time. For other areas of major studies choose from commerce options.


MAST10005 Calculus 1 Stream
For students with no (or ≤ 26 in ) VCE Specialist Mathematics or equivalent
MAST10006 Calculus 2 Stream
For students with 29 to 37 in VCE Specialist Mathematics or equivalent
Accelerated Mathematics Stream
For students with ≥38 in VCE Specialist Mathematics or equivalent


Accelerated Mathematics Stream

 

Subjects counting towards the Diploma of Mathematical Sciences only

 

Subjects counting towards Bachelor degree only

 

Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences

 

Semester 1
Level 1
MAST10008 Accelerated Mathematics 1
Level 1
Introductory Microeconomics
Level 1
Accounting Reports and Analysis
Level 1
Principles of Finance
Semester 2
Level 1
MAST10009 Accelerated Mathematics 2
Level 1
Introductory Macroeconomics
Level 1
Introductory Financial Accounting
Level 1
Breadth - non-mathematics & statistics
Semester 3
Level 2
MAST20004 Probability
Level 2
Organisational Behaviour
Level 2
Financial Maths I
Level 2
Business Finance
Semester 4
Level 2
MAST20005 Statistics
Level 3
MAST30001 Stochastic Modelling
Level 2
Financial Maths II
Level 2
Intermediate Macroeconomics
Semester 5
Level 3
MAST30025 Linear Statistical Models
Level 3
Actuarial Modelling I
Level 3
Financial Maths III
Level 3
Actuarial Modelling II
Semester 6
Level 3
Actuarial Statistics
Level 3
Contingencies (25 points)
Level 3
Models for Insurance and Finance
Semester 7
Level 3
MAST30020 Probability & Statistical Inference
Level 3
Maths/Stats Major
(non-statistics option)
Breadth
Breadth - non-mathematics & statistics

 

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MAST10006 Calculus 2 Stream

 

Subjects counting towards the Diploma of Mathematical Sciences only

 

Subjects counting towards Bachelor degree only

 

Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences

 

Semester 1

Level 1
MAST10006 Calculus 2

Level 1
Introductory Microeconomics
Level 1
Accounting Reports and Analysis
Level 1
Principles of Finance
Semester 2

Level 1
 MAST10007 Linear Algebra

Level 1
Introductory Macroeconomics
Level 1
Introductory Financial Accounting
Level 1
Breadth - non-mathematics & statistics
Semester 3
Level 2
MAST20004 Probability
Level 2
MAST20026 Real Analysis
Level 2
Organisational Behaviour
Level 2
Financial Maths I
Semester 4
Level 2
MAST20005 Statistics
Level 3
MAST30001 Stochastic Modelling
Level 2
Financial Maths II
Level 2
Intermediate Macroeconomics
Semester 5
Level 3
MAST30025 Linear Statistical Models
Level 3
Actuarial Modelling I
Level 3
Financial Maths III
Level 3
Actuarial Modelling II
Semester 6
Level 3
Contingencies (25 points)
Level 3
Actuarial Statistics
Level 3
Models for Insurance and Finance
Semester 7
Level 3
MAST30020 Probability & Statistical Inference
Level 3
Maths/Stats Major
(non-statistics option)
Level 2
Business Finance
Breadth - non-mathematics & statistics

 

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MAST10005 Calculus 1 Stream

 

Subjects counting towards the Diploma of Mathematical Sciences only

 

Subjects counting towards Bachelor degree only

 

Subjects cross credited so that they count towards both the Bachelor degree and the Diploma of Mathematical Sciences
Semester 1
Level 1
MAST10005 Calculus 1
Level 1
Introductory Microeconomics
Level 1
Accounting Reports and Analysis
Level 1
Principles of Finance
Semester 2
Level 1
MAST10006 Calculus 2
Level 1
Introductory Macroeconomics
Level 1
Introductory Financial Accounting
Level 1
Breadth - non-mathematics & statistics
Summer
Level 1
MAST10007 Linear Algebra
     
Semester 3
Level 2
MAST20004 Probability
Level 2
MAST20026 Real Analysis
Level 2
Organisational Behaviour
Level 2
Financial Maths I
Semester 4
Level 2
MAST20005 Statistics
Level 3
MAST30001 Stochastic Modelling
Level 2
Financial Maths II
Level 2
Intermediate Macroeconomics
Semester 5
Level 3
MAST30025 Linear Statistical Models
Level 3
Actuarial Modelling I
Level 3
Financial Maths III
Level 3
Actuarial Modelling II
Semester 6
Level 3
Contingencies (25 points)
Level 3
Actuarial Statistics
Level 3
Models for Insurance and Finance
Semester 7
Level 3
MAST30020 Probability & Statistical Inference
Level 3
Maths/Stats Major
(non-statistics option)
Level 2
Business Finance
Breadth - non-mathematics & statistics

 

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