300-312 Actuarial Modelling I

Note

Students may not gain credit for both 300-312 Actuarial Modelling I and 300-330 Survival Models: Theory and Applications.

Credit Points

12.5

Coordinator

D C M Dickson

Prerequisites

300-204 Financial Mathematics II, 620-202 Statistics and 620-123 Applied Mathematics (Advanced).

Semester

1 (view timetable)

Contact

Three hours of lectures and/or tutorials per week

Subject Description

Topics include survival models concepts; estimation procedures for lifetime distributions; multiple state models; binomial model of mortality; actuarial applications of Markov processes.

Generic Skills

  • High level of development: written communication; problem solving; statistical reasoning; application of theory to practice; synthesis of data and other information.

Assessment

A 2-hour end of semester examination (80%) and up to three assignments totalling not more than 20 pages (20%).



Status:                   Official 2007
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