Brief Course Description
1. Course Title:
(EN) Long term Actuarial Mathematics 1
2. Language of Instruction:
Tiếng Anh
3. Course Code:
MAT508090
4. Credits:
3
5. Course Objectives:
The objective of this course is to enable students to understand the key characteristics of various types of long-term insurance, grasp fundamental concepts related to parametric and non-parametric mortality models for individuals, and develop the ability to perform calculations on random variables describing the present value of insurance benefits associated with long-term insurance products.
6. Brief Description of Course Content:
This course is designed to help students develop knowledge of the theoretical foundations of stochastic payment models and apply these models to insurance and other financial risks. To succeed in this course, students should have a solid understanding of Probability and Financial Mathematics for Actuary. Additionally, the knowledge gained from this course will serve as a crucial foundation for students to continue with the course Long-Term Actuarial Mathematics 2.