In light of the growing interest in actuarial sciences worldwide, and the significant increase in demand for it, the Society of Actuaries SOA is eager to prepare and welcome the next generation of actuaries, through a series of professional exams specialized in the actuarial field. This training program is designed to qualify participants and provide them with the knowledge and skills necessary to pass the P Exam (probability), through familiarity with fundamental probability tools for quantitatively assessing risk The application of these tools to problems encountered in actuarial science is emphasized. As well as a comprehensive understanding of calculus and basic knowledge of insurance and risk management.
At the end of the training program, the participant should be able to:
1 Basic Probability Concepts
2 Conditional Probability and Independence
3 Bayes' Theorem
4 Counting Techniques and Combinatorial Probability
1 Random Variables
2 Moments
3 Moment and Probability Generating Functions
4 Percentiles, Mode, Skewness, and Kurtosis
5 Chebyshev's Inequality
6 Univariate Transformations
7 Discrete Distributions: Discrete Uniform
8 Discrete Distributions: Bernoulli and Binomial
9 Discrete Distributions: Hypergeometric
10 Discrete Distributions: Geometric
11 Discrete Distributions: Negative Binomial
12 Discrete Distributions: Poisson
13 Continuous Distributions: Continuous Uniform
14 Continuous Distributions: Exponential
15 Continuous Distributions: Gamma
16 Continuous Distributions: Normal
17 Continuous Distributions: Shifting and Scaling
1 Joint Distributions and Marginal Distributions
2 Conditional Distributions
3 Independence of Random Variables
4 Covariance and Coefficient of Correlation
5 Joint Moment Generating Functions
6 Multivariate Transformations
7 Convolution
8 Multivariate Distributions: Multinomial
9 Multivariate Distributions: Bivariate Uniform
10 Multivariate Distributions: Bivariate Normal
11 Normal Approximation
12 Order Statistics
1 Deductible
2 Policy Limit
3 Coinsurance and Inflation
1 Simulation Exam: P
Not Available
Names of the training programs that are integrated (enriched) with the training program:
Names of the training programs that after the training program:
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