Actuarial Students’ Society Subject Review - 2024 edition

Sep 27, 2026

Uploaded by gewufjwa

Actuarial Students’ Society Subject Review (2024 edition) provides a structured set of subject reviews and guidance for first-year, second-year, third-year, and graduate actuarial-related coursework. It includes an acknowledgements section and formal disclaimers explaining that opinions reflect individual authors, while the society and the University of Melbourne do not guarantee accuracy, relevance, or completeness and assume no legal responsibility. The contents list reviews for multiple specific subjects, such as Accounting Reports and Analysis, Introductory Microeconomics and Macroeconomics, Principles of Finance, Calculus and Linear Algebra, Probability, Statistics, and advanced actuarial modelling, analytics, and insurance risk topics.

LanguageEnglish

CategoryExam

FormatPDF

Pages148

Reading Time6 h 13 min

AccessFree to download

Preface

Important Information on the 2024 Subject Review

About the Actuarial Students' Society

Subject Reviews: First-Year Subjects

ACCT10001 Accounting Reports and Analysis [SM1]

ECON10004 Introductory Microeconomics [SM1]

ECON10003 Introductory Macroeconomics [SM2]

FNCE10002 Principles of Finance [SM2]

ACTL10001 Introduction to Actuarial Studies [SM1]

MAST10005 Calculus 1 [SM1]

MAST10006 Calculus 2 [SM1]

MAST10007 Linear Algebra [SM1]

MAST10008 Accelerated Mathematics 1 [SM1]

MAST10008 Accelerated Mathematics 2 [SM2]

Subject Reviews: Second-Year Subjects

MGMT20001 Organisational Behaviour [Summer Term]

ACCT10002 Introductory Financial Accounting [SM1]

ACTL20001 Introductory Financial Mathematics [SM1]

ACTL20003 Stochastics Techniques in Insurance [SM2]

ACTL20004 Topics in Actuarial Studies [SM2]

ECON20001 Intermediate Macroeconomics [SM2]

MAST20004 Probability [SM1]

MAST20005 Statistics [SM1]

MAST20026 Real Analysis [SM2]

Subject Reviews: Third-Year Subjects

ACTL30001 Actuarial Modelling I [SM1]

ACTL30002 Actuarial Modelling II [SM1]

ACTL30007 Actuarial Modelling III [SM1]

ACTL30008 Actuarial Analytics and Data I [SM1]

ACTL30003 Contingencies [SM2]

ACTL30004 Actuarial Statistics [SM2]

ACTL30006 Intermediate Financial Mathematics [SM2]

Subject Reviews: Graduate Subjects

ACTL90003 Mathematics of Finance III [SM1]

ACTL90010 Actuarial Practice and Control I [SM1]

ACTL90004 Insurance Risk Models [SM1]

ACTL90020 General Insurance Modelling [SM1]

ACTL90002 Economics for Actuaries [SM1]

ACTL90019 Data Analytics in Insurance [SM2]

Subject Reviews: Breadth and Elective Subjects

COMP10001 Foundations of Computing [SM1]

| | | --- | | | | 2024 EDITION | Acknowledgements The Actuarial Students’ Society would like to extend its sincere gratitude to the following people for their kind contributions to the 2024 edition of the Actuarial Students’ Society Subject Review. Alina Chan David Suson David Yue David Yuan Edison Wang Eloise Auwardt Eric Qian Harry Zhang Joseph Lee Karen Harvey Lavie Kolchinsky Miraz Rai Omar Amin Pranit Parashar Sharmaine Koh Sidney Eric Sophie Clemson Suyao Liu Thevindu Wijesundara Disclaimers All opinions and observations expressed herein remain the views of the individual author and do not necessarily reflect the views of the Actuarial Students’ Society or the University of Melbourne. Whilst the Actuarial Students’ Society has made every effort to ensure the reliability and validity of any information presented herein, the Actuarial Students’ Society does not guarantee accuracy, relevance, or completeness of any information provided. The Actuarial Students’ Society and the University of Melbourne do not assume legal responsibility for any decisions made or actions taken because of the information available in this guide. Contents Preface .................................................................................................................................. iv Important Information on the 2024 Subject Review ................................................................. v About the Actuarial Students’ [Society..................................................................................... vi](Society..................................................................................... vi) [Subject Reviews: First-Year Subjects ...............................](Subject Reviews: First-Year Subjects ...............................)......................................................... 1 ACCT10001 Accounting Reports and Analysis [SM1] ...................................................... 5 ECON10004 Introductory Microeconomics [SM1] .......................................................... 8 ECON10003 Introductory Macroeconomics [SM2] ....................................................... 12 FNCE10002 Principles of Finance [SM2] ....................................................................... 15 ACTL10001 Introduction to Actuarial Studies [SM1] .................................................... 18 MAST10005 Calculus 1 [SM1] ...................................................................................... 21 MAST10006 Calculus 2 [SM1] ...................................................................................... 25 MAST10007 Linear Algebra [SM1] ............................................................................... 28 MAST10008 Accelerated Mathematics 1 [SM1] ........................................................... 32 MAST10008 Accelerated Mathematics 2 [SM2] ........................................................... 35 Subject Reviews: Second-Year Subjects .................................................................................. 39 MGMT20001 Organisational Behaviour [Summer Term] .............................................. 40 ACCT10002 Introductory Financial Accounting [SM1] .................................................. 44 ACTL20001 Introductory Financial Mathematics [SM1] ................................................ 47 ACTL20003 Stochastics Techniques in Insurance [SM2] ................................................ 50 ACTL20004 Topics in Actuarial Studies [SM2] .............................................................. 53 ECON20001 Intermediate Macroeconomics [SM2] ...................................................... 57 MAST20004 Probability [SM1] .................................................................................... 61 MAST20005 Statistics [SM1] ....................................................................................... 64

FAQs

What do the disclaimers in the 2024 subject review state?

The disclaimers state that opinions are those of individual authors and do not necessarily reflect the views of the Actuarial Students’ Society or the University of Melbourne. They also note there is no guarantee of accuracy, relevance, or completeness, and no legal responsibility for decisions or actions taken based on the guide.

Which subjects are covered for first-year students?

The contents list first-year subject reviews including ACCT10001 Accounting Reports and Analysis, ECON10004 Introductory Microeconomics, ECON10003 Introductory Macroeconomics, FNCE10002 Principles of Finance, ACTL10001 Introduction to Actuarial Studies, and multiple MAST subjects such as Calculus 1, Calculus 2, Linear Algebra, and Accelerated Mathematics.

How is the review organized across different study levels?

The document organizes subject reviews into sections for First-Year Subjects, Second-Year Subjects, Third-Year Subjects, and Graduate Subjects, followed by Breadth and Elective Subjects.

Sep 27, 2026

Uploaded by gewufjwa

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