May 22, 2024  
2015-2016 Catalog 
2015-2016 Catalog [ARCHIVED CATALOG]

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MP 2115 - Introduction to Actuarial Science

This course provides a basic introduction to actuarial science and its role in insurance as a discipline and an industry. Topics include: a brief history of the evolution of the actuarial profession, basic mathematics of simple and compound interest, introduction to probability theory, and applications of material to risk management and insurance.

Prerequisite(s): MP 1203 - Elementary Functions  or MP 1205 - Finite Mathematics  or equivalent, as determined by the department.

3 hours Lecture and Discussion
3 credits

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