College Of Business And Economics Department Of Actuarial Science

College/Department info
Dept. location 408-4, Business and Economics Building
Phone 031-400-5593,5610 Fax 031-400-5591
Email /
Homepage
SNS

Faculty info
OUH, CHANGSU

OUH, CHANGSU / Professor

Choi, Yang Ho

Choi, Yang Ho / Associate Professor

Shim, Hyunoo

Shim, Hyunoo / Assistant Professor

College/Department curriculum
Year Term No. Curriculum Course Credits-lecture-experiential learning  
1 1 ACT1001 FINANCIAL INSURANCE MATHEMATICS1 (Compulsory) Requirement in Fundamental Studies 3-3-0
FINANCIAL MATHEMATICS FOR ACTUARY 1 This course covers the basics of financial mathematics to study the option pricing theory, Ito integrals, stochastic differential equations, Black-Scholes equation. Learning such as extreme of a function, differentiation method and derivative applications, polar equation, parameter equation, indefinite and definite integral, infinite series, taylor series.
1 1 ACT2006 PROGRAMING FOR ACTUARIAL1 (Compulsory) Requirement in Fundamental Studies 3-2-1
actuary programing 1 This course is the theory and practice of parallel programming actuarial. To learn to be able to effectively analyze and manage the documentation needed to practice to be able to culture the ability of programming through Visual Basic and C and the ability to perform Excel. And analysis is used to calculate the value substantially in the course of study after the actuarial department.
1 1 GEN0059 Principles of Economics 1 (Compulsory) Requirement in Fundamental Studies 3-3-0
General survey of operation of the economic system; emphasis given to pricing and allocation of resources, products, economic growth, and development.
1 1 GEN8000 Creative English Reading-Beginning (Compulsory) Requirement in Fundamental Studies 2-2-0
This ability-based course (beginning, intermediate, advanced) will provide the students with the opportunities to improve their reading skills needed before taking their own major classes. This course is designed to focus on reading, but it'll deal with general knowledge of English such as listening, speaking and writing. Therefore, with this course, students can improve their overall English communication skills.
1 1 GEN8001 Creative English Reading-Intermediate (Compulsory) Requirement in Fundamental Studies 2-2-0
This ability-based course (beginning, intermediate, advanced) will provide the students with the opportunities to improve their reading skills needed before taking their own major classes. This course is designed to focus on reading, but it'll deal with general knowledge of English such as listening, speaking and writing. Therefore, with this course, students can improve their overall English communication skills.
1 1 GEN8002 Creative English Reading-Advanced (Compulsory) Requirement in Fundamental Studies 2-2-0
This ability-based course (beginning, intermediate, advanced) will provide the students with the opportunities to improve their reading skills needed before taking their own major classes. This course is designed to focus on reading, but it'll deal with general knowledge of English such as listening, speaking and writing. Therefore, with this course, students can improve their overall English communication skills.
1 1 VCC1001 Vision & Career in Campus life (Compulsory) Requirement in Fundamental Studies 1-1-0
Vision&CareerinCampusLifeisafreshmancompulsorycoursetohelpstudentsgetusedtonewuniversityenvironmentandplanfor4-yearstudythroughprofessor-studentdialogues.
1 1 ACT1001 FINANCIAL INSURANCE MATHEMATICS1 (Compulsory) Requirement in Fundamental Studies 3-3-0
FINANCIAL MATHEMATICS FOR ACTUARY 1 This course covers the basics of financial mathematics to study the option pricing theory, Ito integrals, stochastic differential equations, Black-Scholes equation. Learning such as extreme of a function, differentiation method and derivative applications, polar equation, parameter equation, indefinite and definite integral, infinite series, taylor series.
1 1 ACT2006 PROGRAMING FOR ACTUARIAL1 (Compulsory) Requirement in Fundamental Studies 3-2-1
actuary programing 1 This course is the theory and practice of parallel programming actuarial. To learn to be able to effectively analyze and manage the documentation needed to practice to be able to culture the ability of programming through Visual Basic and C and the ability to perform Excel. And analysis is used to calculate the value substantially in the course of study after the actuarial department.
1 1 CUL0102 Korean Writing and Living (Compulsory) Requirement in Fundamental Studies 2-2-0
This course is designed to develop the students’ faculty of understanding complex issues and the ability to clearly express their thoughts in writing. Students will be trained to write correct sentences and to format texts of various genre, and then receive feedback on their performance during the class. Following this, students will learn how to present their reasoned thoughts effectively.
1 1 GEN0059 Principles of Economics 1 Core Major 3-3-0
General survey of operation of the economic system; emphasis given to pricing and allocation of resources, products, economic growth, and development.
1 1 GEN1042 Elementary Mandarin Chinese (Compulsory) Requirement in Fundamental Studies 2-2-0
Read the first time the Chinese rudimentary lexical representation based learning for students to learn Chinese pronunciation and tones the target language to be practical to equip the basic Chinese conversation skills-oriented daily life.
1 1 VCC1001 Vision & Career in Campus life (Compulsory) Requirement in Fundamental Studies 1-1-0
Vision&CareerinCampusLifeisafreshmancompulsorycoursetohelpstudentsgetusedtonewuniversityenvironmentandplanfor4-yearstudythroughprofessor-studentdialogues.
1 2 ACT1002 FINANCIAL INSURANCE MATHEMATICS2 (Compulsory) Requirement in Fundamental Studies 3-3-0
FINANCIAL MATHEMATICS FOR ACTUARY 2 This course covers the basics of financial mathematics to study the option pricing theory, Ito integrals, stochastic differential equations, Black-Scholes equation. Learning such as vector space and analysis, determinant, partial differentiation, multiple integrals, differential equations.
1 2 ACT2007 PROGRAMING FOR ACTUARIAL2 (Compulsory) Requirement in Fundamental Studies 3-1-2
actuary programing 2 This course is the theory and practice of parallel programming actuarial. To learn to be able to effectively analyze and manage the documentation needed to practice to be able to culture the ability of programming through Visual Basic and C and the ability to perform Excel. And analysis is used to calculate the value substantially in the course of study after the actuarial department.
1 2 BUS1010 Introduction to Accounting (Compulsory) Requirement in Fundamental Studies 3-3-0
INTRODUCTION TO ACCOUNTING The objective of this course is to teach the basic concepts and principles of accounting for beginning students in accounting. The main contents of this course consist of the role of accounting information in modern business, and accounting standards on financial statements.
1 2 CUL0005 Korean Speaking and Writing (Compulsory) Requirement in Fundamental Studies 3-3-0
This course is held twice a week, each for 1.5 hours. The course is mainly divided into two parts; one is Korean speaking and the other is Korean writing. Through the Korean speaking class, students will build the ability of excellent self-expression based on in-depth study about Korean language. In the Korean writing class, students will learn how to write different genres by understanding and analyzing various readers’ perspectives. Accordingly, at the end of the semester, the students will develop critical thinking ability as well as effective speaking and writing skills.
1 2 GEN3041 Elementary Chinese 1 (Compulsory) Requirement in Fundamental Studies 3-3-0
This is the beginning course of Mandarin Chinese for the students of any major, It is not necessary to have seperate classes depending on the students majors because the basic expressions are the same regardless fields of studies.
1 2 ACT1002 FINANCIAL INSURANCE MATHEMATICS2 (Compulsory) Requirement in Fundamental Studies 3-3-0
FINANCIAL MATHEMATICS FOR ACTUARY 2 This course covers the basics of financial mathematics to study the option pricing theory, Ito integrals, stochastic differential equations, Black-Scholes equation. Learning such as vector space and analysis, determinant, partial differentiation, multiple integrals, differential equations.
1 2 ACT2007 PROGRAMING FOR ACTUARIAL2 (Compulsory) Requirement in Fundamental Studies 3-2-1
actuary programing 2 This course is the theory and practice of parallel programming actuarial. To learn to be able to effectively analyze and manage the documentation needed to practice to be able to culture the ability of programming through Visual Basic and C and the ability to perform Excel. And analysis is used to calculate the value substantially in the course of study after the actuarial department.
1 2 ACT2010 Advanced Financial Insurance Mathematics Core Major 3-3-0
Advanced Financial Insurance Mathematics This course covers solving a variety of ordinary differential equations and partial differential equations to study the option pricing theory, Ito integrals, stochastic differential equations, Black-Scholes equation. In addition, matrix theory which is a part of linear algebra will be studied.
1 2 BUS1010 Introduction to Accounting (Compulsory) Requirement in Fundamental Studies 3-3-0
INTRODUCTION TO ACCOUNTING The objective of this course is to teach the basic concepts and principles of accounting for beginning students in accounting. The main contents of this course consist of the role of accounting information in modern business, and accounting standards on financial statements.
1 2 CUL0101 Korean Speaking and Culture (Compulsory) Requirement in Fundamental Studies 2-2-0
This course is designed to develop the students’ faculty of understanding complex issues and the ability to clearly express what they are thinking about. Students will be provided opportunities to practice the skills of presentation, discussion, debate, interview and to receive feedback on their performance during the class. Following this, students learn how to present their reasoned arguments and how to better understand and accept other people's opinions.
1 2 CUL0106 UNDERSTANDING SOFTWARE (Compulsory) Requirement in Fundamental Studies 1-1-0
1 2 GEN8000 Creative English Reading-Beginning (Compulsory) Requirement in Fundamental Studies 2-2-0
This ability-based course (beginning, intermediate, advanced) will provide the students with the opportunities to improve their reading skills needed before taking their own major classes. This course is designed to focus on reading, but it'll deal with general knowledge of English such as listening, speaking and writing. Therefore, with this course, students can improve their overall English communication skills.
1 2 GEN8001 Creative English Reading-Intermediate (Compulsory) Requirement in Fundamental Studies 2-2-0
This ability-based course (beginning, intermediate, advanced) will provide the students with the opportunities to improve their reading skills needed before taking their own major classes. This course is designed to focus on reading, but it'll deal with general knowledge of English such as listening, speaking and writing. Therefore, with this course, students can improve their overall English communication skills.
1 2 GEN8002 Creative English Reading-Advanced (Compulsory) Requirement in Fundamental Studies 2-2-0
This ability-based course (beginning, intermediate, advanced) will provide the students with the opportunities to improve their reading skills needed before taking their own major classes. This course is designed to focus on reading, but it'll deal with general knowledge of English such as listening, speaking and writing. Therefore, with this course, students can improve their overall English communication skills.
2 1 ACC2051 Intermediate Accounting 1 Core Major 3-3-0
FINANCIAL ACCOUNTING This course is intermediate accounting. It covers basic theories, conceptual frameworks of financial statements involving assets, liabilities, and owner's equity. This course improves ability for students to make investment and credit decision, to analyze future cash-flow in business.
2 1 ACT2001 ACTUARIAL MATHEMATICS1 Core Major 3-3-0
ACTUARIAL MATHEMATICS 1 The course concentrates on the theory of interest, survival model, life table, and basic life insurance afterwards based on Calculus, Probability and Statistics. This course is to develop student’s knowledge of the theoretical basis of certain actuarial models. Major topics include the measurement of interest, annuities certain, amortization schedules, sinking funds, bonds and securities from the theory of interest. Survival model, assumptions on mortality, calculating actuarial present value of basic life insurance will be discussed afterwards.
2 1 ACT2003 MATHEMATICAL STATISTICS THEORY1 Core Major 3-3-0
STATISTICAL THEORY FOR ACTUARY 1 This course gives students a solid foundation in the theory and methods of statistical inference. Topics include convergence in distribution and convergence in probability, as well as point estimation, confidence intervals, and testing of statistical hypotheses.
2 1 ACT2010 Advanced Financial Insurance Mathematics Core Major 3-3-0
Advanced Financial Insurance Mathematics This course covers solving a variety of ordinary differential equations and partial differential equations to study the option pricing theory, Ito integrals, stochastic differential equations, Black-Scholes equation. In addition, matrix theory which is a part of linear algebra will be studied.
2 1 BUS2003 Marketing Management Extended Major 3-3-0
MARKETING MANAGEMENT This course, as the first subject in marketing area, is designed to provide an understanding of basic concepts and terminologies used in marketing. Key decisions of each stage of marketing planning is introduced. There are three major objectives. First,the roles and functions marketing performs in an economy are discussed. Second, major decisions and conceptual frameworks to help make these decisions are discussed. Third, students are exposed to real world marketing problems and asked to analyze these problems. Students are exposed to be aware of new trends in the marketplaces such as competition, new product introductions, and customer preferences. Therefore, students should be accustomed to reading academic journals, magazines, and newspapers related to current marketing issues.
2 1 DEE2037 English Communication1-Beginning (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. This course will focus on developing students’ English communication skills through interactions with interesting and engaging topics. With an emphasis on speaking and listening, all four language skills will be covered: listening, speaking, reading and writing. Lectures include grammar review, drills, and interactive exercises that will expand and sharpen student’s English ability.
2 1 DEE2038 English Communication1-Intermediate (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. This course will focus on developing students’ English communication skills through interactions with interesting and engaging topics. With an emphasis on speaking and listening, all four language skills will be covered: listening, speaking, reading and writing. Lectures include grammar review, drills, and interactive exercises that will expand and sharpen student’s English ability.
2 1 DEE2039 English Communication1-Advanced (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. This course will focus on developing students’ English communication skills through interactions with interesting and engaging topics. With an emphasis on speaking and listening, all four language skills will be covered: listening, speaking, reading and writing. Lectures include grammar review, drills, and interactive exercises that will expand and sharpen student’s English ability.
2 1 DIN2001 Principles of Insurance Core Major 3-3-0
PRINCIPLES OF INSURANCE This course is designed to study of the role of insurance institutions in our economic life; basic concepts of various insurance products such as life insurance and property/liability insurance, analysis of insurance contracts and various functions of insurance company operations.
2 1 DIN3001 Law of Insurance Core Major 3-3-0
law of insurance Insurance is divided into the insurance process and judicial. Insurance Act is divided into law and social insurance law supervision of the insurance business and Insurance Business Act is divided into insurance contract law and the Act on the management entity of the insurance business. Covers this subject of Business Insurance Supervision Act and the Insurance Contract Law.Insurance Contract Law covers the basic concepts, such as the purpose of an insurance contract, signed, and effects, with respect to the property insurance and personal insurance learning. The Insurance Business Act covers permit, recruitment, supervision and penalties.
2 1 VCC2001 Career exploration for Youth Employment Entrepreneurship (Compulsory) Requirement in Fundamental Studies 1-1-0
This course provides lower grade students who want to get jobs the chance to prepare their advance into society. Students can learn how to understand the world of careers and think about their future plan by exploring career. Students will have online-class where they take test related to career-psychology and make their own career-roadmap in order to analyze themselves and explore their careers.
2 1 ACC2051 Intermediate Accounting 1 Core Major 3-3-0
FINANCIAL ACCOUNTING This course is intermediate accounting. It covers basic theories, conceptual frameworks of financial statements involving assets, liabilities, and owner's equity. This course improves ability for students to make investment and credit decision, to analyze future cash-flow in business.
2 1 ACT2001 ACTUARIAL MATHEMATICS1 Compulsory Major 3-3-0
ACTUARIAL MATHEMATICS 1 The course concentrates on the theory of interest, survival model, life table, and basic life insurance afterwards based on Calculus, Probability and Statistics. This course is to develop student’s knowledge of the theoretical basis of certain actuarial models. Major topics include the measurement of interest, annuities certain, amortization schedules, sinking funds, bonds and securities from the theory of interest. Survival model, assumptions on mortality, calculating actuarial present value of basic life insurance will be discussed afterwards.
2 1 ACT2003 MATHEMATICAL STATISTICS THEORY1 Compulsory Major 3-3-0
STATISTICAL THEORY FOR ACTUARY 1 This course gives students a solid foundation in the theory and methods of statistical inference. Topics include convergence in distribution and convergence in probability, as well as point estimation, confidence intervals, and testing of statistical hypotheses.
2 1 ACT2013 Intelligence Competency Core Major 1-0-1
2 1 DEE2037 English Communication1-Beginning (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. This course will focus on developing students’ English communication skills through interactions with interesting and engaging topics. With an emphasis on speaking and listening, all four language skills will be covered: listening, speaking, reading and writing. Lectures include grammar review, drills, and interactive exercises that will expand and sharpen student’s English ability.
2 1 DEE2038 English Communication1-Intermediate (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. This course will focus on developing students’ English communication skills through interactions with interesting and engaging topics. With an emphasis on speaking and listening, all four language skills will be covered: listening, speaking, reading and writing. Lectures include grammar review, drills, and interactive exercises that will expand and sharpen student’s English ability.
2 1 DEE2039 English Communication1-Advanced (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. This course will focus on developing students’ English communication skills through interactions with interesting and engaging topics. With an emphasis on speaking and listening, all four language skills will be covered: listening, speaking, reading and writing. Lectures include grammar review, drills, and interactive exercises that will expand and sharpen student’s English ability.
2 1 DIN3001 Law of Insurance Core Major 3-3-0
law of insurance Insurance is divided into the insurance process and judicial. Insurance Act is divided into law and social insurance law supervision of the insurance business and Insurance Business Act is divided into insurance contract law and the Act on the management entity of the insurance business. Covers this subject of Business Insurance Supervision Act and the Insurance Contract Law.Insurance Contract Law covers the basic concepts, such as the purpose of an insurance contract, signed, and effects, with respect to the property insurance and personal insurance learning. The Insurance Business Act covers permit, recruitment, supervision and penalties.
2 1 VCC2001 PBL & Career exploration for Youth Employment Entrepreneurship (Compulsory) Requirement in Fundamental Studies 1-1-0
This course provides lower grade students who want to get jobs the chance to prepare their advance into society. Students can learn how to understand the world of careers and think about their future plan by exploring career. Students will have online-class where they take test related to career-psychology and make their own career-roadmap in order to analyze themselves and explore their careers.
2 2 ACT2002 ACTUARIAL MATHEMATICS Core Major 3-3-0
ACTUARIAL MATHEMATICS 2 This course is to develop student’s knowledge to other models in actuarial science based on the theories from Actuarial Mathematics 1. Calculating premium(net and gross), reserve(net and gross) on life insurance products will be discussed. Major topics include annuities, equivalence principle, net premium, gross premium, reserves.
2 2 ACT2004 MATHEMATICAL STATISTICS THEORY2 Core Major 3-3-0
STATISTICAL THEORY FOR ACTUARY 2 This course gives students a solid foundation in the theory and methods of statistical inference. Topics include convergence in distribution and convergence in probability, as well as point estimation, confidence intervals, and testing of statistical hypotheses.
2 2 ACT2012 Practice on actuarial science Core Major 3-3-0
This course will be studied real actuarial problems which are dealt with the Korean actuarial exam offered every April. The basic concepts from Calculus, Actuarial mathematics, and probability and statistics will be relearned.
2 2 BUS1012 Intermediate Accounting 2 Extended Major 3-3-0
FINANCIAL ACCOUNTING 2 Financial Accounting II is the second course in the intermediate accounting sequence. The course covers special topics in financial reporting such as lease accounting, earnings-per-share calculations, accounting changes, and cash flow statements based on financial data provided. Furthermore, students should be able to interpret financial statements to elicit information useful for investment and financing decisions.
2 2 BUS3002 FINANCIAL MANAGEMENT Core Major 3-3-0
FINANCIAL MANAGEMENT Introduction to financial management principles. Includes a brief survey of financial markets, time value of money, valuation of securities, risk and return, capital budgeting, financial leverage.
2 2 DEE2040 English Communication2-Beginning (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. The main goal of this course is to provide a strong knowledge base of English which you can build on in the future. We will focus on vocabulary, expressions, pronunciation and grammar. The students will be asked to converse and write on different topics each class, and also there will be chances for free talking and writing within the framework of the given lesson.
2 2 DEE2041 English Communication2-Intermediate (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. The main goal of this course is to provide a strong knowledge base of English which you can build on in the future. We will focus on vocabulary, expressions, pronunciation and grammar. The students will be asked to converse and write on different topics each class, and also there will be chances for free talking and writing within the framework of the given lesson.
2 2 DEE2042 English Communication2-Advanced (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. The main goal of this course is to provide a strong knowledge base of English which you can build on in the future. We will focus on vocabulary, expressions, pronunciation and grammar. The students will be asked to converse and write on different topics each class, and also there will be chances for free talking and writing within the framework of the given lesson.
2 2 GEN0060 Principles of Economics 2 Extended Major 3-3-0
Continuation of Principles of Economics 1; theory of income determination and distribution, international economic problems and theory of money and banking.
2 2 ACT2002 ACTUARIAL MATHEMATICS Compulsory Major 3-3-0
ACTUARIAL MATHEMATICS 2 This course is to develop student’s knowledge to other models in actuarial science based on the theories from Actuarial Mathematics 1. Calculating premium(net and gross), reserve(net and gross) on life insurance products will be discussed. Major topics include annuities, equivalence principle, net premium, gross premium, reserves.
2 2 ACT2004 MATHEMATICAL STATISTICS THEORY2 Core Major 3-3-0
STATISTICAL THEORY FOR ACTUARY 2 This course gives students a solid foundation in the theory and methods of statistical inference. Topics include convergence in distribution and convergence in probability, as well as point estimation, confidence intervals, and testing of statistical hypotheses.
2 2 ACT2012 Practice on actuarial science Core Major 3-3-0
This course will be studied real actuarial problems which are dealt with the Korean actuarial exam offered every April. The basic concepts from Calculus, Actuarial mathematics, and probability and statistics will be relearned.
2 2 BUS1012 Intermediate Accounting 2 Core Major 3-3-0
FINANCIAL ACCOUNTING 2 Financial Accounting II is the second course in the intermediate accounting sequence. The course covers special topics in financial reporting such as lease accounting, earnings-per-share calculations, accounting changes, and cash flow statements based on financial data provided. Furthermore, students should be able to interpret financial statements to elicit information useful for investment and financing decisions.
2 2 BUS3002 FINANCIAL MANAGEMENT Core Major 3-3-0
FINANCIAL MANAGEMENT Introduction to financial management principles. Includes a brief survey of financial markets, time value of money, valuation of securities, risk and return, capital budgeting, financial leverage.
2 2 DEE2040 English Communication2-Beginning (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. The main goal of this course is to provide a strong knowledge base of English which you can build on in the future. We will focus on vocabulary, expressions, pronunciation and grammar. The students will be asked to converse and write on different topics each class, and also there will be chances for free talking and writing within the framework of the given lesson.
2 2 DEE2041 English Communication2-Intermediate (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. The main goal of this course is to provide a strong knowledge base of English which you can build on in the future. We will focus on vocabulary, expressions, pronunciation and grammar. The students will be asked to converse and write on different topics each class, and also there will be chances for free talking and writing within the framework of the given lesson.
2 2 DEE2042 English Communication2-Advanced (Compulsory) Requirement in Fundamental Studies 2-2-0
This course will provide the students with ability-based classes: beginning, intermediate and advanced. The main goal of this course is to provide a strong knowledge base of English which you can build on in the future. We will focus on vocabulary, expressions, pronunciation and grammar. The students will be asked to converse and write on different topics each class, and also there will be chances for free talking and writing within the framework of the given lesson.
2 2 GEN0060 Principles of Economics 2 Core Major 3-3-0
Continuation of Principles of Economics 1; theory of income determination and distribution, international economic problems and theory of money and banking.
3 1 ACT3002 FINANCIAL ENGINEERING1 Core Major 3-3-0
FINANCIAL ENGINEERING 1 Various financial issues, such as financial assets and derivatives designed to assess the value and risk management of financial institutions, financial engineering is the study of mathematical analysis tools to analyze the financial markets. Evaluation of derivatives and hedging strategies, and identify several issues in risk management issues and solutions are discussed. This course covers the Black-Scholes equation, Ito integrals, stochastic differential equations.
3 1 ACT3006 Advanced Study of Actuarial Mathematics Core Major 3-3-0
This course focus on current issues and recent development at actuarial fields. In addition, students learn how to apply basic subject with which the previous couses covered to the practical areas.
3 1 ACT3007 Advanced Actuarial Mathematics Core Major 3-3-0
This course is to develop student’s knowledge to multiple models in actuarial science based on the theories from Actuarial Mathematics 1 and 2. The definition about multiple state models, multiple life models will be discussed and the methods will be applied to life insurance model. The major topics include state space, multiple life models, multiple decrements models, Markov chains.
3 1 BUS3057 Marketing Research Extended Major 3-0-3
MARKETING RESEARCH Marketing research provides an understanding of the collection and analysis of data and information that are essential to marketing management and marketing strategy development. There are three specific objectives in this course. First, basic marketing research issues will be discussed on when and what kinds of information is needed and how the needed information is collected. That is, the relationship among information necessity, research objectives, and research methods is to be understood. Second, types and characteristics of research designs should be understood in collecting primary data. Third, students are expected to understand statistical techniques and packages for data analysis and to use these techniques in analyzing real world data.
3 1 BUS3059 THEORY OF INVESTMENT Extended Major 3-3-0
THEORY OF INVESTMENT Introduce the investment environment and the concepts used to manage security portfolios. Topics include portfolio and security risk and return tradeoffs, portfolio diversification, valuation of equity and debt. Futures and options are also briefly introuced.
3 1 VCC3001 Career Competency development for Youth Employment Entrepreneurship (Compulsory) Requirement in Fundamental Studies 2-2-0
This course supports Junior students to plan their specific career which is in accordance with student's future plan. This course also supports self-improvement and managing career in order to actualize their future plan. The class will be presented in large-scale divided by the major. It will provide the information about getting the jobs and the kind of skills to get a job sice the class will mainly focus on the characteristic of the major and major-related jobs.
3 1 ACT3002 FINANCIAL ENGINEERING1 Compulsory Major 3-3-0
FINANCIAL ENGINEERING 1 Various financial issues, such as financial assets and derivatives designed to assess the value and risk management of financial institutions, financial engineering is the study of mathematical analysis tools to analyze the financial markets. Evaluation of derivatives and hedging strategies, and identify several issues in risk management issues and solutions are discussed. This course covers the Black-Scholes equation, Ito integrals, stochastic differential equations.
3 1 ACT3006 Advanced Study of Actuarial Mathematics Core Major 3-3-0
This course focus on current issues and recent development at actuarial fields. In addition, students learn how to apply basic subject with which the previous couses covered to the practical areas.
3 1 ACT3007 Advanced Actuarial Mathematics Core Major 3-3-0
This course is to develop student’s knowledge to multiple models in actuarial science based on the theories from Actuarial Mathematics 1 and 2. The definition about multiple state models, multiple life models will be discussed and the methods will be applied to life insurance model. The major topics include state space, multiple life models, multiple decrements models, Markov chains.
3 1 BUS3059 THEORY OF INVESTMENT Extended Major 3-3-0
THEORY OF INVESTMENT Introduce the investment environment and the concepts used to manage security portfolios. Topics include portfolio and security risk and return tradeoffs, portfolio diversification, valuation of equity and debt. Futures and options are also briefly introuced.
3 2 ACT2011 Advanced Programming for Actuarial Core Major 3-2-1
This course combines theories with practice about actuarial programming. Students improve programming skills through studying excel, and language programs such as visual basic and C. Based on the skills, they are able to analyze or manage given data effectively. Afterward they calculate, for example, a premium for a real insurance product using their own program.
3 2 ACT3004 MODELING FOR ACTUARY Core Major 3-3-0
modeling for actuary This course covers Poisson processes; compound Poisson processes; Markov chains; Brownian motion; simulation; financial applications. This is a required course for all students in actuarial science.
3 2 ACT3005 FINANCIAL ENGINEERING2 Core Major 3-3-0
FINANCIAL ENGINEERING 2 Various financial issues, such as financial assets and derivatives designed to assess the value and risk management of financial institutions, financial engineering is the study of mathematical analysis tools to analyze the financial markets. Evaluation of derivatives and hedging strategies, and identify several issues in risk management issues and solutions are discussed. This course covers the Black-Scholes equation, Ito integrals, stochastic differential equations.
3 2 ACT4001 INSURANCE ACTUARIAL MODELING1 Core Major 3-3-0
modeling for insurance actuary 1 This course covers Poisson processes; compound Poisson processes; Markov chains; Brownian motion; simulation; financial applications. This is a required course for all students in actuarial science.
3 2 ACT4004 PENSION MATHEMATICS Core Major 3-3-0
Pension mathematics This course covers basic pension concepts and introduction to actuarial funding methods and the use of life contingencies. Included are various actuarial functions that are used in pension actuarial calculation.
3 2 BUS2013 Operations Management Extended Major 3-3-0
OPERATIONS MANAGEMENT As a discipline, operations management has been undergoing drastic changes in recent years. First of all, service sector currently outstrips manufacturing in magnitude as well as in importance throughout the entire economy. Secondly, knowledge management became a norm for all companies of any kind. Naturally, it follows that service operations, intelligent manufacturing and flexible automation have come to take greater importance than ever. The course covers entire stages of operations management from system design, operating module determination, lastly up to implementation.
3 2 BUS2041 Organization Behavior Extended Major 3-3-0
ORGANIZATION BEHAVIOR Emphasis on action skills useful for managers. Topics include management of itself, communicating, motivating, innovating, managing a group, use a formal and social power, persuading, and dealing with uncertainty. Special features of the course include strong emphasis on students participation, case analysis and discussion regarding human behaviors in global and digital business environment.
3 2 BUS3027 Risk Management Extended Major 3-3-0
RISK MANAGEMENT This course is designed to study the nature and objectives of corporate risk management and property/liability insurance. This course emphasizes the recognition and treatment of pure risks to which the firms are exposed.
3 2 INT2053 Corporation Law Extended Major 3-3-0
CORPORATION LAW This course is designed to study the regulation of modern corporations on the basis of corporate law and civil law. It includes the organization of corporations and capitalization.
3 2 ACT3004 MODELING FOR ACTUARY Extended Major 3-3-0
modeling for actuary This course covers Poisson processes; compound Poisson processes; Markov chains; Brownian motion; simulation; financial applications. This is a required course for all students in actuarial science.
3 2 ACT3005 FINANCIAL ENGINEERING2 Extended Major 3-3-0
FINANCIAL ENGINEERING 2 Various financial issues, such as financial assets and derivatives designed to assess the value and risk management of financial institutions, financial engineering is the study of mathematical analysis tools to analyze the financial markets. Evaluation of derivatives and hedging strategies, and identify several issues in risk management issues and solutions are discussed. This course covers the Black-Scholes equation, Ito integrals, stochastic differential equations.
3 2 ACT4001 INSURANCE ACTUARIAL MODELING1 Extended Major 3-3-0
modeling for insurance actuary 1 This course covers Poisson processes; compound Poisson processes; Markov chains; Brownian motion; simulation; financial applications. This is a required course for all students in actuarial science.
3 2 ACT4004 PENSION MATHEMATICS Extended Major 3-3-0
Pension mathematics This course covers basic pension concepts and introduction to actuarial funding methods and the use of life contingencies. Included are various actuarial functions that are used in pension actuarial calculation.
3 2 BUS2003 Marketing Management Extended Major 3-3-0
MARKETING MANAGEMENT This course, as the first subject in marketing area, is designed to provide an understanding of basic concepts and terminologies used in marketing. Key decisions of each stage of marketing planning is introduced. There are three major objectives. First,the roles and functions marketing performs in an economy are discussed. Second, major decisions and conceptual frameworks to help make these decisions are discussed. Third, students are exposed to real world marketing problems and asked to analyze these problems. Students are exposed to be aware of new trends in the marketplaces such as competition, new product introductions, and customer preferences. Therefore, students should be accustomed to reading academic journals, magazines, and newspapers related to current marketing issues.
3 2 VCC3003 PBL & Competency development (Compulsory) Requirement in Fundamental Studies 1-1-0
학생들의 사회진출 및 취업경쟁력 향상을 지원하는 수업으로, 온라인 강의와 더불어 전공교수와의 지속적인 상담 및 교내외 타 경력개발관련 프로그램과의 유기적인 연계활동을 통해 사회진출 역량을 배가시키는 수업임. 진로 및 취업상담 및 각종 역량진단 테스트와 기본적인 취업준비 스킬에 대한 대규모 비정규 교과 강의를 병행하여 진행함.
4 1 ACT3001 Method of financial insurance Extended Major 3-3-0
Students will learn various methods in financial insurance. Various statistical method will be applied to real actuarial problems and then fair price will be determined based on the model.
4 1 ACT4002 ACTUARIAL RISK MANAGEMENT Core Major 3-3-0
actuary risk management In this course, we will be focusing on the themes to learn about the overall theories and methods of measurements on risks. Also, we will be learning to become to be able to quantify and manage certain risks carried in financial institutions. Various cases of enterprise bankruptcies will be invested.
4 1 ACT4003 INSURANCE ACTUARIAL MODELING2 Core Major 3-3-0
modeling for insurance actuary 2 This course covers Poisson processes; compound Poisson processes; Markov chains; Brownian motion; simulation; financial applications. This is a required course for all students in actuarial science.
4 1 ACT4006 Topics in Financial insurance Extended Major 3-3-0
This course covers main issues about topics in financial insurance or other related fields. Learning such as a variety of financial insurances.
4 1 BUS4005 Management Information Systems Extended Major 3-2-1
MANAGEMENT INFORMATION SYSTEMS It is the effective management of proper information that can increase the systems performance under the rapid change towards digital age. This class introduces the concept of information systems and students study the information system design and its operational methodology. Case studies of production information system, logistics information system, etc will be done. Design exercise by means of intranet also will be achieved through the couese.
4 1 BUS4019 Strategic Management Extended Major 3-3-0
STRATEGIC MANAGEMENT Designed to help the students understand the principles and its application of the dynamic management that deals with the way of wealth creation by exploting the existing business(es) and exploring the new business(es) as well in a dynamic environment with the development of the strategic change modes.
4 1 BUS4072 Bank Management Extended Major 3-3-0
BANK MANAGEMENT The management of banking institutions including commercial banks, savings, and other financial intermediaries. This course features a combination of theory and practice in banking. Topics include asset management, liability and capital management, risk management. Some public policy issues in banking will also be considered.
4 1 ACT3001 Method of financial insurance Extended Major 3-3-0
Students will learn various methods in financial insurance. Various statistical method will be applied to real actuarial problems and then fair price will be determined based on the model.
4 1 ACT4002 ACTUARIAL RISK MANAGEMENT Extended Major 3-3-0
actuary risk management In this course, we will be focusing on the themes to learn about the overall theories and methods of measurements on risks. Also, we will be learning to become to be able to quantify and manage certain risks carried in financial institutions. Various cases of enterprise bankruptcies will be invested.
4 1 ACT4003 INSURANCE ACTUARIAL MODELING2 Extended Major 3-3-0
modeling for insurance actuary 2 This course covers Poisson processes; compound Poisson processes; Markov chains; Brownian motion; simulation; financial applications. This is a required course for all students in actuarial science.
4 1 ACT4005 ACTUARIAL TOPIC SEMINAR Extended Major 3-3-0
seminar for actuary topic This course covers main issues about local or international insurance business and other related fields. Especially, in this course, prominent professors or specialists in this main issues can be invited and discusses with students.
4 1 BUS4019 Strategic Management Extended Major 3-3-0
STRATEGIC MANAGEMENT Designed to help the students understand the principles and its application of the dynamic management that deals with the way of wealth creation by exploting the existing business(es) and exploring the new business(es) as well in a dynamic environment with the development of the strategic change modes.
4 2 ACT4005 ACTUARIAL TOPIC SEMINAR Extended Major 3-3-0
seminar for actuary topic This course covers main issues about local or international insurance business and other related fields. Especially, in this course, prominent professors or specialists in this main issues can be invited and discusses with students.
4 2 ACT4007 Seminar for actuarial risk management Extended Major 3-3-0
This course covers main issues about local or international risk management and other related fields. Especially, in this course, prominent professors or specialists in these main issues can be invited and discusses with students.
4 2 ACT4008 Study on financial insurance Extended Major 3-3-0
This course will be studied the special issues which are associated with financial insurance or related fields. Interesting topics related to insurance will be presented as a seminar format.
4 2 BUS3044 Financial and Securities Markets Extended Major 3-3-0
FINANCIAL AND SECURITIES MARKETS This course covers main financial markets. It covers short-term and long-term financial market - bond market, stock market, insurance and annuity market. Also, derivatives, asset-backed securities(ABS) markets and foreign currency market will be covered.
4 2 BUS4073 Valuation Extended Major 3-3-0
VALUATION We try to value firms consisting of not only simple assets but also complex assets. Discounted cash flow model, relative valuation model and option pricing model will be investigated and applied to value firms in markets.
4 2 ACT4007 Seminar for actuarial risk management Extended Major 3-3-0
This course covers main issues about local or international risk management and other related fields. Especially, in this course, prominent professors or specialists in these main issues can be invited and discusses with students.
4 2 ACT4008 Study on financial insurance Extended Major 3-3-0
This course will be studied the special issues which are associated with financial insurance or related fields. Interesting topics related to insurance will be presented as a seminar format.
4 2 ACT4009 ADVANCED LOSS MODELS Extended Major 3-2-1
This course consists of two parts: the first part aims at understanding the general principles of ratemaking as well as specific details concerning with classification of risks, data processing, rate estimation techniques, underlying assumptions, advantages & disadvantages, and implementation under different lines of property and casualty businesses. The second part explores basic techniques that actuaries use to estimate unpaid claims for property and casualty insurance.