Topics include survival models concepts; estimation procedures for lifetime distributions; multiple state models; binomial model of mortality; actuarial applications of Markov processes. -- Course Website
Prerequisites: For students who started their degree in 2007 or earlier: 300-204 Financial Mathematics II, 620-202 Statisticsand one of 620-113 Applied Mathematics (Advanced Plus) and 620-123 Applied Mathematics (Advanced). For students who started their degree in 2008