Oct 06, 2024  
2015-16 Graduate Catalog 
    
2015-16 Graduate Catalog [ARCHIVED CATALOG]

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ACSI 5140 - Mathematical Foundations of Actuarial Science

3 credit hours
Prerequisites: ACSI/MATH 3020 (or MATH 3110) and STAT 3150 or consent of instructor. A preparatory course for the Society of Actuaries/Casualty Actuarial Society Course/Exam 1. Integrates calculus, probability, and risk management topics into fundamental tools for assessing risk in an actuarial environment. Calculus and probability topics include derivatives, integrals, partials, random variables, distributions, and conditional probability. Risk topics include frequency and severity. Insurance concepts such as retention, deductible, coinsurance, and risk premium.


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