Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Econometrics and Business Statistics
OfferedCaulfield Second semester 2014 (Day)
Coordinator(s)Dr Mike Callan


The learning goals associated with this unit are to:

  1. discuss and apply the process of product design
  2. select an appropriate model to solve client problems
  3. recognise the importance of capital
  4. apply relevant approaches and techniques to the valuation of liabilities
  5. apply appropriate techniques to the pricing of products and contracts
  6. measure, report and manage solvency
  7. measure and report emerging profits and/or costs
  8. monitor and assess experience
  9. manage the business and respond to the experience.


Within semester assessment: 40% Examination: 60%

Chief examiner(s)

Workload requirements

Two x 1 hr lecture/week
One x 1 hr online discussion (to be monitored and assessed)/week


Students must seek permission from the Head of Department before enrolling in this unit.