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Programs
Regulations for the NCCU Statistics and Actuarial Science (Undergraduate) Program(These Regulations apply to students enrolling to the program as of academic year 2011)
Approved by the Department Administration Meeting on 11 June 2012
Purpose
The Statistics and Actuarial Science Undergraduate Program is established to promote domestic research relating to insurance and finance, with emphasis on areas including life insurance actuarial science, non-life insurance actuarial science, health insurance actuarial science, and pension actuarial science, and to prepare domestic higher actuarial, statistical, and managerial professionals.
Organizer: Department of Risk Management and Insurance
The program committee is formed by the chairperson of the Department of Risk Management and Insurance, the Department of Statistics, and three faculty representatives. Its duty is to review and approve affairs relating to curriculum planning and student learning. The chairperson of the Department of Risk Management and Insurance and the Department of Statistics are concurrently the committee conveners to be appointed by the dean of the NCCU College of Commerce.
Eligibility:
All NCCU undergraduate students may apply for admission to this program since the sophomore year.
Curriculum system
The minimum course credits required for program completion is 38 credits. Please refer to the course syllabi for details of required and elective courses.
Program start date: Semester II, academic year 2000
Application requirements
This program requires advance application. Students wishing to enroll to this program shall fill in the application form and submit it to the Department of Department of Risk Management and Insurance one week before a semester begins. Students must be approved by the program committee before enrolling to the program.
Program certificate application date:
Undergraduate students completing the required courses and credits of the program may apply to the Department of Risk Management and Insurance for a certificate of completion by June 30 in semester II. After the review and approval by the program committee, the NCCU College of Commerce will issue a program certificate to students.
These Guidelines will be implemented after the approval of the program committee and the approval for review by the NCCU College of Commerce. The same shall apply to any amendments thereof.
Download the application form of the Statistics and Actuarial Science Program
Download the application form of the certificate of completion of the Statistics and Actuarial Science Program
List of Courses for the Actuarial Statistics Program
Required
| Course | Course credits | Offered by: | ||
| Insurance Theory and Principles | Insurance Theory and Principles | 3 | Risk Management | |
| Linear Algebra | Linear Algebra | 3 | Statistics/Risk Management/Applied Mathematics/ Information Technology | |
| Financial Management/Risk Management of Financial Institutions | Financial Management/Risk Management of Financial Institutions | 3 | All departments of the NCCU College of Commerce (including the college) | |
| Quantitative Methods in Finance (I) | Quantitative Methods in Finance (I) | 2 | Risk Management | |
| Mathematical Statistics | Mathematical Statistics | 3, 3 (total 6) | Statistics/Applied Mathematics | |
| Probability | Probability | 3 | Statistics/Applied Mathematics | |
| Actuarial Mathematics | Actuarial Mathematics | 3 | Risk Management | |
| Life Contingencies | Life Contingencies | 3 | College of Commerce/College of Science/College of Social Science All departments (including colleges), select 3 of 9 courses |
|
| Financial Product Innovation | Financial Product Innovation | 3 | ||
| Actuarial Statistics | Actuarial Statistics | 3 | ||
| Demography | Demography | 3 | ||
| Regression Analysis | Regression Analysis | 3 | ||
| Time Series Analysis | Time Series Analysis | 3 | ||
| Financial Derivatives | Financial Derivatives | 3 | ||
| Econometrics | Econometrics | 3 | ||
| Mathematics for Financial Engineering | Mathematics for Financial Engineering | 3 | ||
| Required: 32 credits | ||||
| Course | Course credits | Offered by: | |
| Risk Management | Risk Management | 3 | Risk Management |
| Life Insurance | Life Insurance | 3 | Risk Management |
| Social Insurance | Social Insurance | 3 | Risk Management |
| Re-insurance | Re-insurance | 3 | Risk Management |
| Health Insurance | Health Insurance | 2 | Risk Management |
| Managing Pension Plan and Financing Retirement | Managing Pension Plan and Financing Retirement | 3 | Risk Management |
| Non-Life Insurance | Non-Life Insurance | 3 | Risk Management |
| Insurance Law | Insurance Law | 3 | Risk Management |
| Categorical Data Analysis | Categorical Data Analysis | 3 | Statistics |
| Advanced Calculus | Advanced Calculus | 3, 3 | Statistics |
