The nature and cause of financial security and insecurity; public, private and employer programs and products to reduce financial insecurity,...
Simple and compound interest, annuities, amortization, sinking funds, bonds, bond duration, depreciation, capital budgeting, probability, mortality...
Models for the time until death, single life annuity and life insurance present values and their probability distributions. Antirequisite(s): The...
Time value of money, accumulation and discount functions, effective rates of interest and discount and present values, as applied to annuities and...
Bond and stock pricing, financial market overview, inflation and interest rates, risk and return, discounted cashflow and project analysis, capital...
Basic securities, financial market conventions, swaps, arbitrage pricing and hedging of forwards/futures, equity options, bonds, theories of the term...
Insurance loss frequency and severity models; aggregate loss models; risk measures; ruin theory; simulation. Antirequisite(s): The former Actuarial...
Single life annuity and life insurance loss random variables and their distributions, with applications to the analysis of benefit premiums and...
Analysis of probability distributions and present values associated with multiple life models, multiple decrement models and more general multi-state...
Introduction to the major areas and issues of actuarial practice, including insurance and annuity product design, pricing and valuation, analysis of...
Survival models, nonparametric estimation of the survival function, one and two or more sample hypothesis tests, inference for semiparametric...
Selection, calibration, and validation of parametric models for insurance losses; credibility theory; extreme value distributions, multivariate loss...
A course description will be available from the department at the time of registration. Antirequisite(s): Prerequisite(s): A minimum mark of 60% in...
