Courses Bachelor Display 2023-2024

Course Description To PDF
Course title Actuarial Mathematics
Course code EBC2122
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
4 5-2-2024 28-3-2024 X X
Level Advanced
Coordinator Marc Schröder
For more information: m.schroder@maastrichtuniversity.nl
Language of instruction English
Goals
See course contents.
Description
The principal aim of this course is to provide students with a solid grounding in the subject of life insurance and life annuity (including pension) contracts. This subject arises through a fusion of compound interest theory with probability theory and provides the mathematical framework necessary for analysing such contracts. Having developed this framework, we can address issues such as how to determine the premium that should be charged for a certain life insurance contract.
Literature
Hans U. Gerber (1997). Life Insurance Mathematics. 3rd edition Springer.
Prerequisites
First two years of the Econometrics and OR bachelor program, in particular Mathematics, Probability Theory, and Mathematical Statistics.
Teaching methods (indicative; course manual is definitive) PBL / Lecture / Assignment
Assessment methods (indicative; course manual is definitive) Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor Econometrics and Operations Research Year 3 Core Course(s)
Bachelor Econometrics and Operations Research Year 3 Elective Course(s)
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