UNIVERSITY OF THE WITWATERSRAND, JOHANNESBURG

Second Year Courses

STAT2005 MATHEMATICAL STATISTICS II (48 POINTS)
Second qualifying course
Mathematical Statistics IIA; Mathematical Statistics IIB


STAT2008 ACTUARIAL SCIENCE II (24 POINTS)
Second qualifying course
Further Theory of Finance: Valuation of Securities; Capital Gains Tax; Consumer Credit; Stochastic Interest Rate Models; Yield Curves; Theory of Immunization; Loan Schedules; Types of Investments; Forward Contracts; Term Structure of Interest Rates; Log Normal Distribution; Business Application; Net Present Value; Internal Rate of Return; Inflation Adjustments.
Single Life Contingencies: Introduction to Annuities and Assurances on One Life; Reserving; Cashflow Emergence.