Back to MATH 3280 Home Page

MATH 3280 3.00AF (Fall 2013)
Mathematics of Life Contingencies I
Course Outline


Prerequisites:

Course Webpage

www.math.yorku.ca/~salt/courses/3280f13/3280.html

Lectures:

Lectures: MW 1-2:20 in ACW 304 (Accolade West)
Tutorial: F 1:30-2:20 in ACW 305.
We will mainly use the lectures for theory and the tutorials for going over examples. But there isn't always a clear division between the two, and students are responsible for what is covered in both. Midterms will take place during the tutorial period.

Instructor/Contact Information:

Tom Salisbury Department of Mathematics and Statistics

Office hours:

Fridays 12:30-1:20, or by appointment.

Text:

Actuarial Mathematics for Life Contingencies by Dickson, Hardy, Waters (2nd edition)
This is the reference for SoA exam MLC

Grading:

Course description:

This course is a key component of the actuarial program. Along with MATH 3281 and either MATH 4430 or MATH 4431, it should prepare students for exam MLC of the Society of Actuaries. We cover the application of probability to life insurance, emphasizing life tables, hazard rates, single life/joint life/ last survivor policies, survival distributions, and multiple decrement theory.