- From www.edx.org
Introduction to Actuarial Science
- Self-paced
- Free Access
- Fee-based Certificate
- 8 Sequences
- Introductive Level
Course details
Syllabus
- Time Value of Money
- Present Value
- Accumulated Value
- Valuing Multiple Regular Payments
- Equations of Value
- Example – Annuity Certain
- Application in Spreadsheets
- Introduction to State Transitions
- Two State Model (Active/Dead)
- Calculating Probabilities using the Two State Model
- Introduction to the Life Table
- Calculating Probabilities using the Life Table
- Expected Present Value
- Accumulated Value and Uncertainty
- The Life Insurance Company Scenario
- A Single Projection
- Simulations
- Analysing the Simulation Output
- Reserves
- Adjustments to Reserves
- Additional Scenarios
Prerequisite
Instructors
Adam Butt
Editor
Platform
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with EdX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.