Course Calender

Course Calender

SAYT1006 Risk Management and Actuarial Science 风险管理与精算学

The uncertainty in an event or an activity is known as risk. Risks are encountered in trivial events such as travelling and in professional activities such as business partnership. We take risk every day. This course provides a broad perspective on both current practices and mathematical theories of risk management. Topics include qualitative and quantitative classifications of risks, mathematical modelling of financial markets and derivatives, current financial issues and crises, and statistical analysis of financial data, mathematics of insurance and Actuarial Science. This course is designed for the students who are interested in the scientific and mathematical aspects of risk management, financial market and actuarial science.

任何事件或活动的不确定性皆可视为风险。我们于日常中会遭遇到各项大大小小的风险。小如平日生活之衣食住行、大如商业之投机活动,风险总是伴随左右。本课程为风险管理的实际应用和数学理论提供广泛概要。本课程涵盖范围包括:风险的质化与量化分类,金融市场与衍生产品的数学建模,现今金融的课题与危机,金融数据的统计分析,保险数学与精算。本课程为有兴趣于风险管理,金融市场或精算学之数理概念的同学而设。

 

Organising units:
  • Department of Statistics, CUHK
  • Centre for Promoting Science Education, CUHK
Category:   Category I – University Credit-Bearing
Learning outcomes:   Upon completion of this course, students should be able to:
  1. Be literate of risk and uncertainty;
  2. Learn various financial issues with mathematical rigors;
  3. Appreciate the importance of risk management in financial and insurance market;
  4. Be equipped with a quantitative and critical mind.

Learning Activities:
  1. Lectures
  2. Lab
Medium of Instruction:   Cantonese supplemented with English
Assessment:
  1. Short answer test or exam
Recognition:   No. of University unit(s) awarded: 1
* Certificate or letter of completion will be awarded to students who attain at least 75% attendance and pass the assessment (if applicable)
 
Expected applicants:   Good knowledge in S4 to S5 mathematics, knowledge in economic is preferable but not necessarily.
Organising period:   Summer 2016; Summer 2017; Summer 2018; Summer 2019; Autumn 2020
Application method: