01522/Actuarial Science
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0001. Introduction to Actuarial Science (3 s.h.) F S. Prerequisite: Mathematics C085 (with a grade of at least a B).
Co-Requisite: Mathematics CO86 (or equivalent.).
Introduction to discrete probability models and basic mathematics of simple and compound interest. Note: This course also meets an upper level major or business elective requirement
0061. Basic Actuarial Mathematics (3 s.h.) F S. Prerequisite: Mathematics 0085, 0086, 0127, 0233, and RMI 0001 (or equivalents); or permission of the Program Director.
Actuarial foundations from calculus and probability theory, with applications to risk management and insurance. Note: This course also meets an upper level major or business elective requirement
0101. Theory of Interest (3 s.h.) F S. Prerequisite: Mathematics 0085, 0086, and Actuarial Science 0001 (with at least a B in all of the prerequisites).
Co-Requisite: Mathematics 0127.
Generalized and compound interest theory with applications to annuities, amortization, depreciation, valuation of securities, and bond yield determinations.
W218. Casualty Contingencies (3 s.h.) S. Core: WI. Prerequisite: Mathematics 0085, 0086, 0127, Actuarial Science 0001 and Risk Management 0001 (with at least a grade of B in all prerequisites).
Co-Requisite: Mathematics 0127 or permission of the Program Director.
This is the writing-intensive course for majors in Actuarial Science. The course presents the basic mathematical and statistical techniques for the pricing of, and reserving for, property-liability insurance coverages. The material will be presented through lectures, and absorbed through independent work by the students. Mode: In addition to homework and exams, there will be significant writing assignments and a major group presentation project. .
0305. Actuarial Modeling I (3 s.h.) S. Prerequisite: Mathematics 0233, Actuarial Science 0101 (or equivalents), Risk Management 0001(with at least a grade of B in all prerequisites) and permission of the Program Director.
Contingent payment models; applications of probability theory to life insurance and annuities, premiums, and reserves.
0306. Actuarial Modeling II (3 s.h.) F. Prerequisite: Actuarial Science 0305 (or equivalent) and Mathematics 0234.
Co-Requisite: Statistics 0351 (or equivalent). .
Survival, frequency and severity, and compound distribution loss models. Introduction to ruin theory.
0316. Actuarial Modeling III (3 s.h.) F. Prerequisite: Mathematics 0333, Actuarial Science 0306 (or equivalents).
Estimation and fitting of survival, frequency and severity, and compound distribution loss models; credibility methods.
0394. Special Topics (3 s.h.) Prerequisite: Permission of the Program Director.
Current developments in the field of actuarial science. |