Actuarial Science
Course No.: SMJ2221125 Credit(s):2
Course Description
Actuarial Science is an important core course of insurance which systematically introduces the basic concepts, principles and skills of actuarial science to help students grasp some concepts and calculations. These lay the necessary theory foundation for the further study on insurance quantitative analysis.
Course Learning Outcomes
After studying the course, students can master the basic theory of life insurance actuarial theory, clear life insurance actuarial is the science foundation of life insurance management, understand the basic concept of interest, can solve practical problems in commercial insurance and various social insurance business.
Relationship to Other Courses
Pre-requisites: Finance, Probability Theory and Mathematical Statistics
Textbook and Reading Lists
Textbook:
Zhi Zhuo, Life Contingencies. Southwest University of Finance and Economics Press.
Suggested reading lists:
Xiaojun Wang, Mengsheng Wang, Actuarial Science. Beijing: China Renmin University Press, 2006.4.
Xiufang Li, Actuarial Science. China Financial Press.
Yu Lei, Actuarial Science. Peking University Press.
Kexin Fan, Insurance actuarial tutorial. Peking University Press.
Qi Zhang, Principle of Actuarial Life Insurance. Shanghai University of Finance and Economics Press.
Course Assessment
Item | Title | Weighting (%) |
1 | Task in home | 10% |
2 | Test and Questions in class | 20% |
3 | Final Assignment | 70% |
Course Schedule
Week | Topics | Text |
1 | Overview | Chapters 1 |
2-5 | The Measurement of Interest and Basic Calculation | Chapters 2 |
6-9 | Determine the Annuity | Chapters 3 |
10-13 | Life Function | Chapters 4 |
14-17 | Life Annuities | Chapters 5 |
18 | Review | |