Actuarial Science Course Descriptions

ACTS 4301 Actuarial Science (3 semester hours) Life contingencies, survival models, Markov chain models, life insurances and annuities. This class covers parts of CAS Exam 3L and SOA Exam MLC. Prerequisite: STAT 4351, or consent of instructor. (3-0) T

ACTS 4302 Principles of Actuarial Models (3 semester hours) Actuarial models including interest rate models, rational valuation of derivative securities, mathematical and probabilistic foundation of risk management. This class covers parts of CAS Exam 3F and SOA Exam MFE. Prerequisites: STAT 4351, STAT 4382 and BA 4346, or consent of instructor. (3-0) T

ACTS 4304 Principles of Actuarial Methods (3 semester hours) Construction and evaluation of actuarial models, credibility, statistical smoothing techniques and simulations. This class covers parts of CAS Exam 4/SOA Exam C. Prerequisites: STAT 4351 and STAT 4352, or consent of instructor. (3-0) T

ACTS 4306 Actuarial Probability as Problem Solving (3 semester hours) Topics in actuarial probability via solving problems. This class covers topics of Exam 1/P. Prerequisite: STAT 4351, or consent of instructor. (3-0) R

ACTS 4308 Actuarial Financial Mathematics as Problem Solving (3 semester hours) Topics in actuarial financial mathematics via solving problems. This class covers topics of Exam 2/FM. Prerequisite: BA 4346, or consent of instructor. (3-0) R