AST3332: Principles of Actuarial Models: Financial Economics

This module aims to develop the student's knowledge of the theoretical basis of certain actuarial models and the application of those models to insurance and other financial risks and provide an understanding of basic theories in Financial Mathematics used in the study process of actuarial/financial interest. We will mainly cover the chapters related to the interest rate models, valuation of derivative securities, the mathematical and probabilistic foundation of risk management. Every chapter is supposed to be delivered every week along with scheduled assignments and exercises. The mode of general assessment can be found on the attachment of the complete module description including reading materials/references.