2025/2026

Actuarial Calculus

Type: Mago-Lego

Delivered by: Department of Statistics and Data Analysis

When: 1, 2 module

Open to: students of all HSE University campuses

Instructors: Harold A. Moreno-Franco

Language: English

Contact hours: 56

Course Syllabus

Abstract

This study delves into the essential principles of actuarial calculus, providing a comprehensive framework for understanding cash-flow modeling and the valuation of financial instruments in the context of life insurance. Key topics include the mathematical foundations of interest accumulation, the evaluation of annuities and fixed-interest securities, and the application of stochastic models to represent random cash-flows. The course emphasizes the critical assessment of premiums, reserves, and risks, enabling participants to apply mathematical techniques in real-world scenarios. Furthermore, it introduces complex life insurance constructs, such as joint-life and last-survivor models, facilitating a holistic approach to risk management and product evaluation in today's dynamic financial environment.