
Actuarial Science CS1, CS2 & CB2 Combo
About This Course
CS1
The Aim of Actuarial Statistics CS1 is to provide a grounding in Mathematical and Statistical methods that are of relevance for Actuarial work. It equips the student with knowledge of Statistical Distributions, methods to summarize data, regression models and the fundamental concepts of Bayesian Statistics.
CS2
The aim of Subject CS2 is to provide a grounding in mathematical and statistical modelling techniques that are of particular relevance to actuarial work, including stochastic processes and survival models and their application. It develops knowledge of and the ability to apply statistical methods for risk modelling.
CB2
The aim of the Business Economics CB2 subject is to introduce students to the core economic principles and how these can be used in a business environment to help decision making and behavior. It provides the fundamental concepts of microeconomics that explain how economic agents make decisions and how these decisions interact. It explores the principles underlying macroeconomics that explain how the economic system works, where it fails and how decisions taken by economic agents affect the economic system.