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Valuation of Cash Flows and Deterministic Model

CPD Accredited | Interactive Learning Materials | PDF Certificate Included | Tutor Support


Cambridge Open Academy

Summary

Price
£18 inc VAT
Study method
Online
Duration
7 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
Certificates
  • Certificate of Completion (PDF) - Free
  • Certificate of Completion (Hard Copy) - £9.99
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

Discover the art of valuing cash flows and unravel the world of deterministic models in our captivating course, where the intricate realm of actuaries comes to life. Immerse yourself in the fascinating modules that cover everything from the fundamentals of valuation to stochastic life contingencies. Let the allure of actuarial science guide you as you embark on this educational journey.

Join us on this captivating journey and become a master in the valuation of cash flows and deterministic models.

Learning Outcomes:

  • Understand the role of actuaries and their environment in financial decision-making.
  • Master the valuation techniques for cash flows, including life annuities and life insurance.
  • Gain insights into the stochastic life contingencies model and the stochastic approach to insurance and annuities.
  • Explore the impact of taxation and inflation on cash flows.
  • Learn to apply probabilistic models and perform uncertain payment and profit testing.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

In this comprehensive course, you will be introduced to the captivating world of actuaries and their invaluable expertise in valuing cash flows. Dive into the essential concepts of the deterministic model and unlock the secrets of accurate financial projections. With a deep focus on life tables, life annuities, and life insurance, you'll develop a solid understanding of the intricacies involved in assessing future financial obligations. Delve into the stochastic life contingencies model and discover the power of probabilistic models in mitigating risk and uncertainty. You'll also explore the impact of taxation and inflation on cash flows, equipping yourself with the knowledge to navigate these complexities effectively. Through engaging lectures and theoretical frameworks, you'll gain the skills to calculate premiums and perform uncertain payment and profit testing.

Who is this course for?

  • Aspiring actuaries seeking a solid foundation in cash flow valuation and deterministic models.
  • Finance professionals aiming to enhance their understanding of actuarial principles.
  • Students pursuing degrees in actuarial science or related fields.
  • Individuals interested in expanding their knowledge of financial risk assessment and management.

Career path

  • Actuarial Analyst: £30,000 - £45,000 per annum
  • Senior Actuarial Analyst: £45,000 - £60,000 per annum
  • Actuarial Consultant: £60,000 - £90,000 per annum
  • Risk Manager: £50,000 - £80,000 per annum
  • Insurance Underwriter: £30,000 - £50,000 per annum
  • Pension Consultant: £40,000 - £70,000 per annum

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Certificate of Completion (PDF)

Digital certificate - Included

Certificate of Completion (Hard Copy)

Hard copy certificate - £9.99

Note: Delivery of hardcopy certificate is free within the United Kingdom. However, to obtain a hardcopy certificate, international students have to pay £19.99 for the shipment to their designated address.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.