Undergraduate Catalog 2009-2011

Actuarial Science

ACTL 335    Theory of Interest      3
Prereq.:  MATH 152. Theory and applications of the theory of interest. Topics include simple and compound interest, installment buying, annuities certain, sinking funds, amortization, depreciation, bonds, and related securities. Fall. (E)


ACTL 465    Actuarial Models I      4
Prereq.:  STAT 315. Life contingency topics including survival models and life tables, net premium and reserve calculation including an introduction to multiple life and multiple decrement models. Students will not receive credit for both ACTL 465 and ACTL 565. Fall. (O)


ACTL 466    Actuarial Models II     4
Prereq.:  STAT 315. Topics related to risk theory including frequency and severity of losses, approaches to calculation of the aggregate loss distribution, and estimation of the probability of ruin. Students will not receive credit for both ACTL 466 and ACTL 566. Spring. (O)


ACTL 480    Topics in Actuarial Science   1 TO 3
Prereq.:  Permission of instructor. Topics chosen from theory of interest, risk theory, demography, and graduation. Irregular. [GR]


ACTL 481    Review-SOA/CAS Course I 3
Review and extension of the principles of calculus and probability as related to the material on the SOA/CAS Course 1 exam. Spring. [GR]


ACTL 482    Review-SOA/CAS Course II      3
Prereq.: ACTL 335 and permission of instructor. Review and extension of the principles of theory of interest, economics, and finance as related to the material on the SOA/CAS Course 2 exam. Spring. [GR]