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Courses

Actuarial Science

0501. Theory of Interest   (3 s.h.)

Prerequisite: Mathematics 086 or equivalent.

Study of generalized interest theory with applications to annuities certain, amortization, depreciation, valuation of securities, and bond yield determinations.

0505. Actuarial Models I.   (3 s.h.)

Prerequisite: Actuarial Science 501 and Mathematics 433 or equivalent.

Application of probability theory to life insurance and annuities, premiums, reserves, and survival models.

0506. Actuarial Models II.   (3 s.h.)

Prerequisite: Actuarial Science 505.

Extension of the analysis of Actuarial Models I to multiple-life functions, multiple-decrement theory, loss distribution models, and theory of ruin.

0516. Actuarial Models III.   (3 s.h.)

Prerequisite: Actuarial Science 506.

Applications of survival and loss distribution models.

0518. Casualty Contingencies   (3 s.h.)

Prerequisite: Actuarial Science 501 and Math 433 or equivalent. Corequisite: Math 434..

Mathematics of ratemaking for non-life insurance including fire, homeowners, automobile, workers' compensation and other lines of insurance. Theoretical and practical aspects of credibility, experience rating, exposure units, deductibles, and statistical plans. Emphasis on theory, with the expectation of independent study.

0598. Independent Study   (1-6 s.h.)

Prerequisite: permission of the Department.

Special study in a particular aspect of actuarial science under faculty supervision. Maximum of six hours may be counted toward degree requirements.

0599. Independent Study   (1-6 s.h.)

Prerequisite: permission of the Department.

Special study in a particular aspect of actuarial science under faculty supervision. Maximum of six hours may be counted toward degree requirements.

0896. Directed Study in Actuarial Science   (variablecredit s.h.)

Prerequisite: permission of the Department.

0897. Directed Study in Actuarial Science   (variablecredit s.h.)

Prerequisite: permission of the Department.

0898. Directed Study in Actuarial Science   (variablecredit s.h.)

Prerequisite: permission of the Department.

0899. Directed Study in Actuarial Science   (variablecredit s.h.)

Prerequisite: permission of the Department.

0901. Master of Science Thesis   (1-6 s.h.)

0902. Master of Science Thesis   (1-6 s.h.)