Basic Insurance Mathematics, 7.5 ECTSFirst level
Prerequisites for the course are knowledge equivalent to the courses Mathematics I, 30 credits, (MM2001), Mathematics II - Analysis, part A, 7.5 credits, (MM5010), Mathematics II - Linear Algebra, 7.5 credits, (MM5012), Probability Theory I, 7.5 credits, (MT3001), Statistical Analysis, 7.5 credits, (MT4001), Stochastic processes and Simulation, 7.5 credits, (MT4002), Programming Techniques for Mathematicians, 7.5 credits, (DA2004). Swedish upper secondary school course English B/6 or equivalent.
Area of interests: Information only in Swedish
Mathematical statistics is the subject within applied mathematics that describes and analyses random events.
The foundation is the mathematical probability theory, which goes back to the 17th century, but has in its modern form developed mostly during the 20th century. Probability theory is also the foundation of statistical theory on how to draw conclusions from data with random features. The rise of computer technology has also significantly contributed to broadening the field of applications within mathematical statistics. Today is mathematical statistics one of the most powerful tools in applied mathematics.
Examples that apply mathematical statistics to a large extent are the insurance and finance sectors, biological and medical research (biostatistics) and industrial applications like telecommunications and quality control.
The department cooperates closely both in research and teaching with the pharmaceutical industry, medical institutions and banking and insurance companies. Depending on direction of studies, a student with an exam in mathematical statistics has a good chance to get employment in these sectors.
Mathematical statistics can be studied in elective courses, as a major in a Bachelor’s or Master’s degree or as a complementary subject. Courses cover both theory and applications in various areas. Mathematical statistics is included in the Bachelor’s programmes in Mathematics, Biomathematics and Mathematics and Economics and a major in the Master’s programmes in Mathematical statistics, Biostatistics, Finance mathematics and Finance and Actuarial science.
Selection: No selection.
Start period: Period 2 - starts during the second half of the semester
Additional information: Application deadline 16 October.
Tuition fees only concern citizens outside the EU, EES and Switzerland
Total course/programme fee: 17500 SEK