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ACSI 5140 - Mathematical Foundations of Actuarial Science
Prerequisite: STAT 3150 or consent of instructor. Integrates probability and risk management topics into fundamental tools for assessing risk in an actuarial environment. Probability topics include random variables, distributions, conditional probability, independence, and central limit theorems. Risk topics include frequency and severity. Insurance concepts such as retention, deductible, coinsurance, and risk premiums.
3.000 Credit hours

Levels: Graduate
Schedule Types: Lecture

Mathematical Sciences Department

Course Attributes:
College of Basic & Applied

Restrictions:
Must be enrolled in one of the following Levels:     
      Graduate

Prerequisites:
for ACSI 5140

General Requirements:
Course or Test: STAT 3150
Minimum Grade of D-
May not be taken concurrently.  )
and
Course or Test: ACSI 3020
Minimum Grade of D-
May not be taken concurrently.  )
or
Course or Test: MATH 3020
Minimum Grade of D-
May not be taken concurrently.  )
or
Course or Test: MATH 3110
Minimum Grade of D-
May not be taken concurrently. )


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Release: 8.7.2.4