2008-2009 Academic Catalog 
    
    Nov 26, 2024  
2008-2009 Academic Catalog [Archived Catalog]

ACSC 422 - ACTUARIAL MODELING II


Credits: Three
Prerequisite: ACSC 421, Minimum grade C-
This course is the second part of the sequential courses in actuarial modeling to develop the student’s knowledge of the theoretical basis of actuarial models and the application of those models to insurance and other financial risks. Topics include analysis of benefits reserves, multiple life functions, multiple decrement models, frequency and severity models, compound distribution models, Poisson process models, insurance models including expenses and Markov chain models. This course combine with ACSC 421 covers materials for students to prepare Actuarial Professional exam M.