This course will be held in English.
WiMa-Praktikum (Aktuarwissenschaften) / Practical Actuarial Science
Prof. Dr. Alexander Kling is partner and senior consultant at the Institut für Finanz- und Aktuarwissenschaften (ifa), Prof. Dr. Jochen Ruß is managing partner at the Institut für Finanz- und Aktuarwissenschaften (ifa). They both combine scientific work with practical life insurance expertise. Their focus is on the development of innovative life insurance products in particular with new forms of guarantees, on actuarial aspects of life settlements, as well as on behavioral aspects of insurance demand.
2/0 SWS (4 ECTS, 1 of them soft-skills)
The course will be term-accompanying during the summer term 2023.
The registration is due March, 15th via e-Mail to:
The registration must contain: last name, first name, study program, number of semesters, actuarial courses and seminars taken (including winter term 22/23) and a transcript.
The Practical Actuarial Science course covers in particular the features of innovative life insurance products and their simulation.
The Practical Actuarial Science course consists of lectures and case-studies. Attendance at all sessions is mandatory.
Students will work in small groups and have to present their findings in front of the other participants. On the day of the presentations, we expect participants to be familiar with the contents and to be able to answer questions on announced topics from the lecture and the case studies.
In addition, students are required to write (short) reports on announced topics from the lecture and the case studies.
Since students in the Finance program receive a grade, there will be an additional (short) oral exam for them on the presentation day.
This course can be taken by students in our Master of Finance program and Master in Wirtschaftsmathematik with specialization Actuarial Science.
Bachelor students can take this course as an Optional Module without grade (unbenotetes WP-Modul).
Personenversicherungsmathematik (Life-, Health- and Pension- Mathematics)