Introduction Finance and Actuarial Science

All concepts for the Exam from both the Finance and Actuarial Science part of the course are summarized in the documents. A clear division can be found, as two documents were uploaded. With this summary, I managed to pass the course with a 9.2.

Complete summary of all course material for the final exam of the course Introduction Finance and Actuarial Science. There are no proofs in this file, only short pieces of theory and formulas. Content: Introduction Finance Part 1: About present value, internal rate of return, cashflows, interest, bonds Pensions: 3 pillars, retirement age Actuarial Science Insurance: Premia calculations, Bonus-Malus, Loimaranta, steady state, utility Introduction Finance Part 2: Mean variance, minimal variance,...