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Nov 23, 2024
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2017-2018 Academic Catalog [Archived Catalog]
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ACSC 421 - Actuarial Modeling I
Credits: Three (3)
Prerequisite: ACSC-371, and ACSC-414
This course is the first of two courses in actuarial modeling, designed to develop students’ knowledge in the theoretical basis of actuarial models and the application of those models to insurance and other financial risks. Topics include survival models, life tables, mortality rates, life insurance, life annuities, benefit premiums, and benefit reserves. ACSC 421 and ACSC 422 cover all of the learning objectives contained in Examination MLC (Models for Life Contingencies) of the Society of Actuaries.
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