APPLIED ACTUARIAL THEORY

Catalog description

Prerequisites: MAT 381 and ECO 424. Advanced consideration of actuarial studies and models with an emphasis on applied modeling of actuarial activity and current actuarial processes. Major areas and theories in actuarial sciences as used by companies, government and not-for-profits. Mathematical, statistical, economic and finance models used by actuaries in the field. Analysis of different types of data to understand the financial risks facing different groups. The capstone course for majors in actuarial sciences. Offered occasionally.