MAT 381 - Actuarial Probability

This course provides an introduction to the basic probabilistic principles of insurance and risk management. The topics of probability theory are applied to solve problems found in insurance and risk management applications. A problem solving approach will be adopted to provide preparation for Exam P/1, the first actuarial exam. Course Typically Offered: Odd spring.

Prerequisite(s): MAT 371 at UMF, or a calculus-based probability course from a different university.

Credits: 4