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ACTUARY AND INSURANCE TRANSACTIONS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BAY417 ACTUARY AND INSURANCE TRANSACTIONS 7 3 3 8

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Define the basic concepts of insurance, its history and characteristics
Perform the types and calculations of annuities
Apply income calculation and interpretation using technical information
Analyze risk factors by collecting data related to insurance