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Actuarial mathematics 221


 
Module code IAS 221
Qualification Undergraduate
Faculty Faculty of Natural and Agricultural Sciences
Module content

Fundamentals of survival models, simple laws of mortality, expectation of life, elementary survival contracts, commutation functions, select and ultimate life tables, life annuities, accumulation and discounting, life insurance, net and gross premiums, reserves, statistical considerations.
Module credits 12.00
Prerequisites IAS 211
Contact time 3 lectures per week, 1 practical per week
Language of tuition Both Afr and Eng
Academic organisation Actuarial Science
Period of presentation Semester 2
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