First Year Seminar

Catalog description

This first year seminar course provides an introduction to the mathematical and financial techniques actuaries use to forecast the future and quantify risk. Topics may be selected from basic probability, introduction to financial mathematics, time series analysis and statistical correlation, credibility theory, pricing insurance products and risk load, portfolio theory and asset allocation management. Students are also required to make a presentation on a topic related to actuarial science. The course is taught in a computer classroom and students make extensive use of software such as Microsoft Excel in the development of mathematical models.