Typically an intermediate-level actuarial course in many universities.

Covers advanced probability and statistical models.

Focuses on life contingencies and financial mathematics.

Prepares students for professional actuarial exams.

Includes practical applications and case studies.

Develops skills in using actuarial software tools.

Requires understanding of insurance and pension models.

Builds on foundational courses like calculus and introductory statistics.

Teaches techniques for risk quantification and management.

Often involves group projects and presentations.