UEH Standard Programs

Brief Course Description

1. Course Title:

Long term Actuarial Mathematics 1

2. Language of Instruction:

Tiếng Anh

3. Course Code:

LA0321

4. Credits:

3

5. Course Objectives:

Learners acquire a solid grasp of fundamental concepts related to actuarial models, including how to classify models and identify key functions. Learners master the basic quantitative measures of distributions. Learners understand the key characteristics of actuarial models. Learners master core concepts of continuous models and the related types of problems. Learners master core concepts of discrete models and the related types of problems. Learners master fundamental concepts of severity models and coverage adjustments.

6. Brief Description of Course Content:

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. v