London, United Kingdom

Quantitative Modelling Techniques for Finance and Actuarial Sciences

when 29 June 2020 - 17 July 2020
language English
duration 3 weeks
credits 7.5 EC
fee GBP 2100

The 2020 UCL Summer School has been cancelled due to the spread of Covid-19.

The implementation of sound quantitative actuarial models is a vital task to assess risk in insurance, finance and
other industries and professions. This course provides a self-contained introduction to both theoretical and
practical implementation of various quantitative modelling techniques applicable to finance and insurance. We
combine diverse quantitative disciplines, from probability to statistics, from actuarial science to quantitative
finance. Students will be able to apply the acquired knowledge to evaluate various insurance products.

Course leader

Dr Niloufar Abourashchi, Dr Codina Cotar, Dr Matina Rassias

Target group

This is a Level 3 module. Students should have completed a minimum of two years of undergraduate study in a quantitative subject at the time of joining the UCL Summer School.

Course aim

The aim of this module is to provide a grounding in stochastic processes and survival models and their application. The module is suitable for people who would like to continue their studies in financial mathematics or who seek a financial career in the future and/or are aiming to take any finance related professional exam such as actuarial exams. The course will cover core technical reading (CT4) of the Society of Actuaries.

Credits info

7.5 EC
7.5 ECTS / 4 US / 0.5 UCL

Fee info

GBP 2100: The tuition fee for this module is £2100.
GBP 1100: There is an option to stay at the UCL Summer School residence for the duration of the three-week course. Accommodation is within walking distance to the UCL campus and features private, en suite rooms with shared kitchens. The cost is approx. £1100 per three-week session.