Risk Model II and Simulation
Course Code
AK3283
Number of Credits
3
Semester
Course Type
Study Material
| Study Material | Depth |
|---|---|
| Stochastic Risk | Expert |
| Estimation of complete and incomplete data using the maximum likelihood method | Expert |
| Credibility Theory: full credibility and partial credibility | Expert |
| Buhlmann and Buhlmann-Straub models | Expert |
| Bayes estimation method | Expert |
| Risk Model Construction | Expert |
| Parametric Estimation Methods | Expert |
| Nonparametric Estimation Methods | Expert |
| Actuarial simulation and modeling | Expert |
Graduate Learning Outcomes (GLO) carried by the course
| CPMK Code | Course Learning Outcomes Elements (CLO) |
|---|---|
| CPMK 1 | Understand the concept of complete and incomplete risk value |
| CPMK 2 | Understand full and partial credibility |
| CPMK 3 | Understand methods for estimating parametric and non-parametric model parameters |
| CPMK 4 | Build models with accuracy and credibility |
Learning Method
- 1. Problem-based learning 2. Interactive discussion
Learning Modality
- 1. Face-to-face classes 2. Asynchronous learning
Assessment Methods
- 1. Exam 2. Quiz 3. Tasks