MATH 4228 - Actuarial Science IIA
Long-Term Actuarial Mathematics. Introduction to long-term insurance; Survival distribution: probability functions, life tables, force of mortality, mortality laws, life expectancy, select mortality; Insurance: continuous and discrete, moments, recursive formulas; Annuities: continuous and discrete, actuarial present and accumulated values, moments, recursive formulas; Premiums: net premiums for continuous and discrete insurances, gross premiums, variance of future loss. This course is the first of two preparatory courses for Actuarial Exam LTAM.
Credit Hours: (3)
Prerequisite(s): MATH 3122 or STAT 3122 ; and MATH 3228 ; or permission of department.
Cross-listed Course(s): MATH 5228
Most Recently Offered (Day): Fall 2019, Fall 2020, Fall 2021
Most Recently Offered (Evening): Course has not been offered at this time in the past 3 years
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