Master 2024/2025

Actuarial Сalculus

Type: Elective course (Stochastic Modeling in Economics and Finance)

Area of studies: Economics

Delivered by: Department of Statistics and Data Analysis

Where: Faculty of Economic Sciences

When: 1 year, 1-3 module

Mode of studies: offline

Open to: students of one campus

Instructors: Harold A. Moreno-Franco

Master’s programme: Stochastic Modelling in Economics and Finance

Language: English

ECTS credits: 9

Course Syllabus

Abstract

The basic topics of this course are compatible with official material of actuarial education in UK and other parts of the world. The course contains important material on topics that are relevant for recent insurance and actuarial developments. The first part of the course is focused on basic actuarial mathematics and life insurance. The second part of the course concentrates on risk theory where one of the topics is to estimate the ruin probability of an insurance company when its surplus is modelled by a Cramér-Lundberg process.