MSc in Actuarial Science and Insurance Analytics – Sample Class
Master of Science in Actuarial Science and Insurance Analytics (MSc in ASI) programme helps students develop adaptable skills for a variety of actuarial or analytical roles in insurance companies, banks, consulting and accounting firms, financial institutions, InsurTech startups and regulatory bodies.
To help prospective students gain more knowledge about the actuarial field, our programme is glad to conduct a sample class. Professors with extensive teaching experience in actuarial science and insurance will share the trendiest topics in the industry with you.
See what it’s like to be a student in MSc in ASI programme by attending one of our virtual sample classes based on real courses taught at CUHK Business School!
- MSc in ASI Sample Class
Maximum likelihood estimation with applications in actuarial science
（最大似然估計及其在精算學的應用）Date: 17 November, 2022 (Thursday)
Time: 6:00pm (around 1 – 1.5 hour)
Venue: Online viz ZOOM
Language: English
Speaker:
Assistant Professor (Actuarial Science)
Introduction:
In insurance applications, heavy-tailed distributions such as the Pareto distribution are essential tools for modelling extreme losses. It is particularly important to use as much information as possible to successfully estimate parameters for heavy-tailed distributions. In these cases, estimation by the method of moments and percentile matching tends to perform poorly, mainly because they use only a few features of the data.In this sample class, we will discuss maximum likelihood estimation (MLE) for losses and frequency models with a few examples. We will consider MLE for complete individual data, complete grouped data, and truncated or censored data under insurance policy adjustments.
We are also honored to have the programme director of MSc in ASI join the Q&A session at the end of the sample class to answer any questions that might be related to the programme.
Guest Speaker (Join in Q&A session):
Associate Professor of Practice in Actuarial Science
Assistant Dean (Undergraduate Studies)
Director of MSc in Actuarial Science and Insurance Analytics Programme
Remarks
- The sample class is a live webinar session, no playback will be provided.
- The session will be conducted in English.
- Please fill in the registration form with accurate information. Applicants will receive a confirmation email upon successful registration.
- The Zoom link will be sent to the email address registered for this event no later than 12 hours before the webinar.
- If you fail to receive any email from us, please check your email junk box and contact us.
Admissions for 2023 intake is now open!
Applications will be considered on a first-come, first-served basis. Early submissions are recommended. Start your application journey and you will be invited for an admission interview:
Enquiry
MSc in Actuarial Science and Insurance Analytics
mscasi@cuhk.edu.hk
+852 3943 8555 | +852 3943 0505