End Note for Chapter 1

Contents

End Note for Chapter 1#

Course Focus#

This course will concentrate on key principles that form the core of actuarial science. These principles, covering

  • mathematics,

  • statistics,

  • economics, and

  • finance,

are crucial for actuaries. The course will specifically focus on:

  1. Statistical and Probabilistic Framework: Principles based on statistics, providing the essential foundation for actuarial analysis.

  2. Economic and Behavioral Framework: Exploring principles from economics and behavior sciences, influencing actuarial decision-making.

  3. Principles Underlying Risk Management and Actuarial Modeling: In-depth exploration of principles guiding risk management and actuarial modeling.

  4. Principles Underlying Financial Security Systems: Detailed examination of principles forming the base of robust financial security systems.

The upcoming chapters will dive into these specific principles, offering a comprehensive understanding of actuarial science.