Course outline

Course outline - • Benefit premiums • Benefit reserves...

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FIN 3220A Actuarial Models I First Term 2005-2006 Monday 4:30pm – 6:15pm, Room G04, Y.C. Liang Hall Wednesday 9:30am – 11:15am, Lecture Theatre, Basic Medical Sciences Building Instructor: Professor Albert C.S. Wong Phone: 2609-7648 Office : Room 203, Leung Kau Kui Building E-mail: albertw@baf.msmail.cuhk.edu.hk Tutor: Mr. Ho Yuk Wong Phone: 2609-7840 Office : Room LG03, Leung Kau Kui Building E-mail: wonghy@baf.msmail.cuhk.edu.hk Course Objectives This course develops the student’s knowledge of the theoretical basis of actuarial models and the application of those models to insurance and other financial risks. The student is expected to understand the models and techniques relevant to insurance and to be able to apply them to solve problems set in a business context. Course Description Topics to be discussed include: Survival distributions and life tables Life insurance Life annuities
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Unformatted text preview: • Benefit premiums • Benefit reserves Textbook • Bowers, N.L., Gerber, H.U., Hickman, J.C., Jones, D.A. and Nesbitt, C.J. (1997). Actuarial Mathematics . The Society of Actuaries. Reference • Tables for Exam M . The Society of Actuaries. Tutorials There will be 6 to 8 tutorials conducted by the Tutor. Attendance will be taken which constitute 5% of the total marks. The tutorials will be conducted on W2-3. Grading There will be one final examination , one test and four to five assignments . The final grade will be weighted as follows: Assignments 20% Tutorials 5% Test 25% Final Examination 50% Total 100% Attention is drawn to University policy and regulations on honesty in academic work, and to the disciplinary guidelines and procedures applicable to breaches of such policy and regulations. Details may be found at http://www.cuhk.edu.hk/policy/academichonesty/ ....
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This note was uploaded on 05/21/2011 for the course FIN 3220 taught by Professor Cswong during the Spring '05 term at CUHK.

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