2011-2012 Academic Catalog 
    
    Dec 26, 2024  
2011-2012 Academic Catalog [Archived Catalog]

ACSC 522 - ACTUARIAL MODELING II


Credits: Three
Prerequisite: ACSC 521
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. A project on the above topics and presentation is required for the course. A presentation of one project is required for the course.
Note: This course covers a part of Actuarial Exam MLC.