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Introduction to Actuarial Science
| Faculteit | Economie en Bedrijfskunde |
| Jaar | 2021/22 |
| Vakcode | EBB827A05 |
| Vaknaam | Introduction to Actuarial Science |
| Niveau(s) | bachelor, uitwisseling |
| Voertaal | Engels |
| Periode | semester II a |
| ECTS | 5 |
| Rooster | rooster |
| Uitgebreide vaknaam | Introduction to Actuarial Science | ||||||||||||||||||||||||||||||||
| Leerdoelen | Upon completion of the course the student is able to: 1.Describe the most important actuarial notions from life insurance. 2.Give examples of the applicability of the actuarial models in the field of insurance, mortgages and pensions. 3.Explain how a life table is constructed, explain what the (un)certainties are in a life table and their consequences for life insurance and annuity products. 4.Calculate the present value of various life insurance products, based on the type of contract and the given life table using statistical software. 5.Explain how risks in a portfolio of life insurance products can be calculated. 6.Determine the most suitable technique from mathematics, statistics and probability to solve problems in life insurance. 7.Write down solutions and outcomes to life insurance problems (in English) and reflect on outcomes. |
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| Omschrijving | The economics of insurance, individual risk models for a short term, survival distributions and life tables, life insurance, life annuities, and benefit premiums. | ||||||||||||||||||||||||||||||||
| Uren per week | 4 | ||||||||||||||||||||||||||||||||
| Onderwijsvorm | -gastcollege , -hoorcollege , -practicum | ||||||||||||||||||||||||||||||||
| Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | ||||||||||||||||||||||||||||||||
| Vaksoort | bachelor | ||||||||||||||||||||||||||||||||
| Coördinator | Dr. K.W. Chau | ||||||||||||||||||||||||||||||||
| Docent(en) | Dr. K.W. Chau , W. Zhu, PhD. | ||||||||||||||||||||||||||||||||
| Verplichte literatuur |
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| Entreevoorwaarden | |||||||||||||||||||||||||||||||||
| Opmerkingen | Info: Secretary: Martine Geerlings-Koolman, phone +31(0)50 36 37018, e-mail m.a.koolman@rug.nl | ||||||||||||||||||||||||||||||||
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