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Financial Engineering and Loss Reserving (CM2)

Financial Engineering and Loss Reserving (CM2)

Core Principles

Financial Engineering and Loss Reserving’(CM2) provides a grounding in the principles of actuarial modelling, focusing on stochastic asset-liability models and the valuation of financial derivatives. It equips the student with a knowledge of the theories of behaviour of financial markets, measures of risk, determining reserves for a non-life insurer and price options. The subject includes theory and application of the ideas to real data sets using excel.

Loss Reserving and
Financial Engineering
CM2A
Theoretical Exam
3 hours and 15 minutes
Paper based
+
Loss Reserving and
Financial Engineering
CM2B
Computer-based
1 hour and 45 minutes
Excel

You must sit A + B papers in the same session.

Exam format:
3 hours 15 minutes paper-based exam, 1 hour 45 minutes computer-based exam (Excel)
Recommended study hours: