Actuarial Mathematics (CM1)

The primary topics covered in Actuarial Math (CM1) are the foundations of actuarial modeling and the use of deterministic models in the analysis of financial instruments. Students will obtain an understanding of the mathematical techniques used to predict and analyze cash flows that are either certain or contingent upon mortality, morbidity, or/and survival, as well as actuarial modeling principles, interest rate theories, and other factors. Theory and its application to actual data sets using Microsoft Excel are among the topics discussed.