APM 450 - Risk Management

(3)

Review of interest rate theory, probability theory, and probability distributions. Development of a variety of actuarial and risk models such as contingent payment models; life contingency models; frequency, severity and aggregate claims models. Risk metrics such as standard deviation and Value at Risk (VAR) are explored. Identical with ECN 450.
Prerequisite(s): FIN 322, ACC 301 and STA 427, each with a grade of 2.0 or higher.