2020 - 2021 Graduate Bulletin


Course Description

MA 571 Probability 4 cr. (4-0-0)

  • Graded: A/F
  • Prerequisite: Graduate student in mathematics or instructor permission.

​This is a graduate level course in probability. The instructor will cover the following topics: probability spaces, probability distributions, stochastic independence, limiting operations, strong limit theorems for independent random variables, the Central Limit Theorem, martingales, continuous-time stochastic processes, Brownian motion, Bayesian methods. This course contributes to a student’s readiness for professional actuarial exams such as CAS I/SOA P (Casualty Actuarial Science Examination #1/Society of Actuaries Probability Exam) and CAS II/SOA FM (Casualty Actuarial Science Examination #2/Society of Actuaries Financial Mathematics Exam).