For a better viewing experience, please consider updating your browser.

Please upgrade your browser for a better viewing experience.

You are currently using a browser that we no longer support.
Our website features components that only modern browsers support. To ensure that you receive the best experience while visiting the Robert Morris University website, please upgrade your browser to one of our recommended browsers below.

Google Chrome     Firefox     Internet Explorer
Please note: If you are using a version of Internet Explorer greater than IE 7, please ensure that the compatibility mode of your browser is turned off and/or that the document mode is set higher than IE 7.

What we support for Windows: Google Chrome, Mozilla Firefox, Internet Explorer 9+. Find out more about your browser.
 
 



Degrees and Programs offered through the Mathematics Department

Actuarial Science  
List of all courses and their descriptions
List of all courses, their descriptions and offerings in the schedule book

ASCI2010 - Fundamentals Of Actuarial Sci
Spring 2015

This course is directed both to majors and non-majors of Actuarial Science. The course is designed as a survey of the professional field of actuarial science, as certified by the Society of Actuaries and the Casualty Actuarial Society. The role of actuarials in the financial evaluation of risk in strategic management decision-making is emphasized. Introduction to the roles of linear algebra, statistics and probability, risk theory, and actuarial mathematics to topics of pricing, loss reserving, and insurance accounting are included. Field experiences, guest lecturers, and computer assignments are part of the learning experiences required for the course. 3 credits
Prerequisite: MATH2070 or concurrent
3 Credits

Schedule Book Tools
Start a New Search
Revise Search Options
Registration
Don't Miss the Details
Click "Details" for a course description, instructor information, and a link to the instructor's website, where you can find a syllabus, first class information, and more...

Traditional
Undergraduate

Graduate
Day Codes
 M  Monday
 T  Tuesday
 W  Wednesday
 R  Thursday
 F  Friday
 S  Saturday
 U  Sunday

Schedule Book for All Active and Available Future Terms, Course starting with ASCI2010
       
ASCI2010-A Fundamentals Of Actuarial Sci
3 Seats     Credits: 3 Days: M W F
       Location: Moon Room: Hale Center 309
    Time: 10:45-11:35 am Instructor: Asimow
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisite: MATH2070 or concurrent
 
ASCI2010-B Fundamentals Of Actuarial Sci
17 Seats     Credits: 3 Days: T R
       Location: Moon Room: Hale Center 104
    Time: 09:15-10:30 am Instructor: Orendi
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisite: MATH2070 or concurrent
 

ASCI3000 - Actuarial Seminar I
Spring 2015

Actuarial Seminar I is a capstone seminar on topics from calculus, mathematical statistics, and insurance and risk management. It challenges the students preparation for the Course 1 examination of the Society of Actuaries. Based on a sound foundation in Calculus 1 through III and mathematical statistics, the theory will be applied to problem solving, using classification and other approaches.
Prerequisites: COSK2220 or COSK2225 and STAT3140
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI3000
       

No Courses Found

ASCI3100 - Theory Of Interest
Spring 2015

This course helps the student to become familiar with the basic mathematical principles underlying the mathematics of finance. Mathematical fundamentals of interest, certain annuities, yield rates, bonds, mortgages and other loans, depreciation, duration, and immunization are presented. Software proficiency in word processing is required.
Prerequisite: MATH2070 or permission of departmental head.
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI3100
       

No Courses Found

ASCI3150 - Financial Mathematics
Spring 2015

This course provides a systematic development of the mathematical models most frequently used in the study of corporate finance. The course builds on the valuation methods for cash flows developed in Theory of Interest and applies these methods to problems in corporate finance and investment theory. Models studied include dividend growth, the capital asset pricing model, protfolio theory, Modigliani-Miller theory, and Black-Scholes option valuation.
Prerequisite: ASCI3100
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI3150
       
ASCI3150-A Financial Mathematics
0/0     Credits: 3 Days: T R
       Location: Moon Room: Hale Center 310
    Time: 12:15-01:30 pm Instructor: Hudak
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisite: ASCI3100
 

ASCI4000 - Actuarial Seminar II
Spring 2015

This course provides training in the theory of interest, finance, and economics as well as other material pertinent to the actuarial exam Course 2, jointly administered by the SOA and the CAS. The course is structured to allow students to engage in directed self-study in preparation for the exam. Class time will be used for discussion, analysis, bench-marking of progress, and as a general clearing-house for guidance on specific problems. A detailed "deconstruction" of the previous Course 2 exams will provide the central, organizing theme for the course of study. 3 credits.
Prerequisite: ASCI3100 and COSK2220 or COSK2225
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4000
       
ASCI4000-C1 Actuarial Seminar II
0/0     Credits: 3 Days: W
       Location: Moon Room: Hale Center 102
    Time: 01:45-04:35 pm Instructor: Hudak
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisite: ASCI3100 and COSK2220 or COSK2225
      This course satisfies part of the Communication Skills graduation requirement.
      Communication Skills Section.  
 

ASCI4100 - Life Contingencies I
Spring 2015

This course helps the student to become familiar with the basic mathematical principles underlying contingent financial arrangements, emphasizing situation in which mortality is the contingent event and the instrument is life insurance. Mathematical fundamentals of survival distributions, life insurance, life annuities, net premiums, and net premium reserves are presented. Software proficiency in word processing is required.
Prerequisites: ASCI3100, STAT3150, MATH2170 and COSK2220 or COSK2225 or permission of departmental head.
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4100
       
ASCI4100-C1 Life Contingencies I
7 Seats     Credits: 3 Days: T R
       Location: Moon Room: Hale Center 106
    Time: 01:45-03:00 pm Instructor: Groendyke
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisites: ASCI3100, STAT3150, MATH2170 and COSK2220 or COSK2225 or permission of departmental head.
      This course satisfies part of the Communication Skills graduation requirement.
      Communication Skills Section.  
 

ASCI4110 - Life Contingencies II
Spring 2015

This course helps the student become familiar with the basic mathematical principles underlying various advanced contingent insurance arrangements. Concepts considered include multiple life functions, multiple decrement models, valuation theory for pension plans, and insurance models including expenses, non-forfeiture benefits and dividends. Software proficiency in word processing is required.
Prerequisite: ASCI4100 or permission of department head.
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4110
       
ASCI4110-A Life Contingencies II
1 Seat!     Credits: 3 Days: T R
       Location: Moon Room: Hale Center 106
    Time: 03:15-04:30 pm Instructor: Groendyke
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisite: ASCI4100 or permission of department head.
      This course satisfies part of the Communication Skills graduation requirement.
      Communication Skills Section.  
 

ASCI4140 - Actuarial Data Analysis
Spring 2015

This course is designed to give students specific exposure to developing actuarial models and analyzing the types of data that are relevant to various areas of actuarial science, including life insurance, health insurance, property/casualty insurance (general insurance) and pensions Students will do this through a variety of projects using a combination of statistical and financial methods with a focus on the manipulation and analysis of the types of data commonly encountered by actuaries in practice.
Prerequisites: ASCI2010, INFS1020 and STAT3140
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4140
       

No Courses Found

ASCI4150 - Stochastic Calc Actuarial Scie
Spring 2015

This course aims at providing students with a working knowledge of basic stochastic calculus and related mathematical techniques for valuating equity-linked insurance products. The course will cover a large portion of stochastic calculus theory and demonstrates its applications. The course is also intended for improving the problem-solvig skills of actuarial science majors, preparing them for the MFE examination of the Society of Actuaries.
Prerequisites: FINA4260 and STAT3150
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4150
       

No Courses Found

ASCI4200 - Statistical Modeling I
Spring 2015

This is the first of a two course sequence in statistical modeling that covers widely applicable (both actuarial and non-actuarial) methods in probability and statistics. These courses are designed to lay the mathematical foundations for students preparing for advanced professional actuarial exams. They also serve to provide and introduction to mathematical modeling techniques useful for a wider audience of quantitatively oriented students in business and finance, and science and engineering. Course ASCI4200 (AS410) consists of a comprehensive survey of probability distributions used in mathematical models, and the modeling of discrete and continuous time stochastic process, including Markov, compound Poisson and Brownian motion processes. 3 credits
Prerequisites: STAT3140 and STAT3150
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4200
       
ASCI4200-A Statistical Modeling I
3 Seats     Credits: 3 Days: T R
       Location: Moon Room: John Jay 141
    Time: 09:15-10:30 am Instructor: Asimow
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisites: STAT3140 and STAT3150
 

ASCI4210 - Statistical Modeling II
Spring 2015

This is the second of a two course sequence in statistical modeling that covers widely applicable (both actuarial and non-actuarial) methods in probability and statistics. These courses are designed to lay the mathematical foundations for students preparing for advances professional actuarial exams. They also serve to provide an introduction to mathematical modeling techniques useful for a wider audience of quantitatively oriented students in business and finance, and science and engineering. Topics in AS411 include the evaluation of data for estimation and goodness-of-fit to models, simple and multiple regression models, time series, forecasting and data credibility models.
Prerequisites: STAT3140 & STAT3150
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4210
       

No Courses Found

ASCI4215 - Actuarial Topics In Pensions
Spring 2015

This course is a survey of topics in pension and health as they relate to the practice of actuarial science as certified by the Society of Actuaries. Detailed presentation of actuarial calculations associated with legal requirements and liability issues of pension and health care benefit models and the characteristics of pension legal theory are contained in the course. Case studies and guest lecturers are part of the learning experiences required for the course.
Prerequisite: STAT3140
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4215
       

No Courses Found

ASCI4220 - Statistical Modeling III
Spring 2015

This course is the third of a three course sequence in applied statistics. Topics include empirical credibility, interpolation and smoothing, and simulation. The course is designed for students preparing to sit for the SOA/CAS Exam C/4.
Prerequisite: ASCI4210 or persmission of the instructor
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4220
       
ASCI4220-A Statistical Modeling III
18 Seats     Credits: 3 Days: T R
       Location: Moon Room: Hale Center 302
    Time: 01:45-03:00 pm Instructor: Asimow
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisite: ASCI4210 or persmission of the instructor
 

ASCI4225 - Act Topc: Hlth, Prop/Cas Insur
Spring 2015

This course is a survey of topics in life insurance and property and casualty insurance as they relate to the practice of actuarial science as certified by the Society of Actuaries and Casualty Actuarial Society. Detailed actuarial mathematics is appllied to evaluate the risk of various types of life and property/casual insurance.
Prerequisite: ASCI4100
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4225
       

No Courses Found

ASCI4300 - Adv Topics In Actuarial Sci
Spring 2015

This course is intended for advanced undergraduate students. This Advanced Topics in Actuarial Science course is designed for actuarial majors who wish to learn advanced actuarial topics. Course content may vary from term to term. This course is offered as an elective.
Prerequisites: ASCI3100 and STAT3140
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4300
       
ASCI4300-A Adv Topics In Actuarial Sci
21 Seats     Credits: 3 Days: T R
       Location: Moon Room: John Jay 264
    Time: 10:45-12:00 pm Instructor: Hong
    Session: 1 (01/12 - 05/02/15) Term: Spring 2015
            More Info!
      Prerequisites: ASCI3100 and STAT3140
 

ASCI4310 - Actuarial Pract Life Insurance
Spring 2015

This course is designed to give actuarial science students a general understanding of the life insurance industry, and the various roles of actuaries within life insurance companies. The course includes both technical topics (profit testing, Monte Carlo simulation, pricing of embedded options) as well as non-technical topics (organization of life insurance companies, taxation and regulation of life insurance companies). Though much of the material in the course applies generally to life insurance companies, this course will focus mostly on the insurance industry in the United States. This course builds on the material covered in ASCI4100 Life Contingencies I and ASCI4110 Life Contingencies II.
Prerequisite: ASCI4110
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4310
       

No Courses Found

ASCI4909 - Internship/Co-Op
Spring 2015

Permission of Department Head needed.
9 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4909
       

No Courses Found

ASCI4913 - Internship/Co-Op
Spring 2015

Course description unavailable, please contact Academic Services.
Please try again at a later time
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4913
       

No Courses Found

ASCI4923 - Internship/Co-Op
Spring 2015

Course description unavailable, please contact Academic Services.
Please try again at a later time
3 Credits


Schedule Book for All Active and Available Future Terms, Course starting with ASCI4923
       

No Courses Found

ROBERT MORRIS UNIVERSITY

6001 University Blvd. Moon Township, PA15108 800-762-0097 © 1995 – 2011 Robert Morris University. All rights reserved.