MATH 481 Actuarial Studies

In this course, students will apply the mathematical foundations of probability and statistics, and of mathematics of finance, to actuarial science.  Students will review the foundational topics and solve applied problems in the pricing and structure of insurance.  Furthermore, students will use the techniques of net present value and focal dates of financial payments to solve insurance related problems.  The goal is to prepare students to pass the Society of Actuaries exams on probability and financial math.

Credits

3 credits

Prerequisite

MATH 140 (C), MATH 141 (C), MATH 240 (C), MATH 311 (C). An additional prerequisite is MATH 280 (C) if the student is preparing for the financial math exam.

Notes

140 - UG Level 4 Advanced