Academic Calendar - 2018

Western University Academic Calendar. - 2018

Courses


Course Numbering

0001-0999* Pre-University level introductory courses
1000-1999 Year 1 courses
2000-4999 Senior-level undergraduate courses
5000-5999 Professional Degree courses in Dentistry, Education, Law, Medicine and Theology (MTS, MDiv)
6000-6999 Courses offered by Continuing Studies
9000-9999 Graduate Studies courses

* These courses are equivalent to pre-university introductory courses and may be counted for credit in the student's record, unless these courses were taken in a preliminary year. They may not be counted toward essay or breadth requirements, or used to meet modular admission requirements unless it is explicitly stated in the Senate-approved outline of the module.


Suffixes

no suffix 1.0 course not designated as an essay course
A 0.5 course offered in first term
B 0.5 course offered in second term
A/B 0.5 course offered in first and/or second term
E 1.0 essay course
F 0.5 essay course offered in first term
G 0.5 essay course offered in second term
F/G 0.5 essay course offered in first and/or second term
H 1.0 accelerated course (8 weeks)
J 1.0 accelerated course (6 weeks)
K 0.75 course
L 0.5 graduate course offered in summer term (May - August)
Q/R/S/T 0.25 course offered within a regular session
U 0.25 course offered in other than a regular session
W/X 1.0 accelerated course (full course offered in one term)
Y 0.5 course offered in other than a regular session
Z 0.5 essay course offered in other than a regular session

Glossary


Prerequisite

A course that must be successfully completed prior to registration for credit in the desired course.


Corequisite

A course that must be taken concurrently with (or prior to registration in) the desired course.


Antirequisite

Courses that overlap sufficiently in course content that both cannot be taken for credit.


Essay Courses

Many courses at Western have a significant writing component. To recognize student achievement, a number of such courses have been designated as essay courses and will be identified on the student's record (E essay full course; F/G/Z essay half-course).


Principal Courses

A first year course that is listed by a department offering a module as a requirement for admission to the module. For admission to an Honors Specialization module or Double Major modules in an Honors Bachelor degree, at least 3.0 courses will be considered principal courses.



Campus





Course Level






Course Type




Actuarial Science


The nature and cause of financial security and insecurity; public, private and employer programs and products to reduce financial insecurity, including social security, individual insurance and annuities along with employee pensions and benefits.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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Simple and compound interest, annuities, amortization, sinking funds, bonds, bond duration, depreciation, capital budgeting, probability, mortality tables, life annuities, life insurance, net premiums and expenses. Cannot be taken for credit in any module in Statistics or Actuarial Science.

Antirequisite(s): Actuarial Science 2553A/B.

Prerequisite(s):1.0 course or two 0.5 courses at the 1000 level or higher from Applied Mathematics, Calculus, or Mathematics.

Extra Information: 3 lecture hours.

Course Weight: 1.00
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This course is also offered at:

King's

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Simple and compound interest, annuities, amortization, sinking funds, bonds, bond duration, depreciation, capital budgeting, probability, mortality tables, life annuities, life insurance, net premiums and expenses. Cannot be taken for credit in any module in Statistics or Actuarial Science.

Antirequisite(s): Actuarial Science 2553A/B.

Prerequisite(s):1.0 course or two 0.5 courses at the 1000 level or higher from Applied Mathematics, Calculus, or Mathematics.

Extra Information: 3 lecture hours.

Course Weight: 1.00
More details

This course is also offered at:

Western Main Campus

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Models for the time until death, single life annuity and life insurance present values and their probability distributions.

Prerequisite(s): A minimum mark of 60% in each of Actuarial Science 2553A/B, either Calculus 2402A/B or Calculus 2502A/B, and Statistical Sciences 2857A/B (or the former Statistical Sciences 2657A). Restricted to students enrolled in any Actuarial Science module.

Extra Information: 3 lecture hours, 1 tutorial hour.

Course Weight: 0.50
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Time value of money, accumulation and discount functions, effective rates of interest and discount and present values, as applied to annuities and other financial products, and/or applications including loan repayment schedules and methods.

Antirequisite(s): Actuarial Science 2053.

Prerequisite(s): A minimum mark of 60% in Calculus 1501A/B or Applied Mathematics 1413, or Calculus 1301A/B with a minimum mark of 85%.

Extra Information: 3 lecture hours, 1 tutorial hour.

Course Weight: 0.50
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Insurance loss frequency and severity models; aggregate loss models; risk measures; ruin theory; simulation.

Prerequisite(s): A minimum mark of 60% in Statistical Sciences 3657A/B. Restricted to students enrolled in any Actuarial Science module, or those registered in the Honors Specialization module in Statistics or the Honors Specialization in Financial Modelling module.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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Single life annuity and life insurance loss random variables and their distributions, with applications to the analysis of benefit premiums and reserves.

Prerequisite(s): A minimum mark of 60% in each of Actuarial Science 2427A/B and Statistical Sciences 2858A/B. Corequisite(s): Statistical Sciences 3657A/B.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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Analysis of probability distributions and present values associated with multiple life models, multiple decrement models and more general multi-state models.

Prerequisite(s): A minimum mark of 60% in Actuarial Science 3429A/B and in Statistical Sciences 3657A/B. Restricted to students enrolled in any Actuarial Science module.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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Introduction to the major areas and issues of actuarial practice, including insurance and annuity product design, pricing and valuation, analysis of the cost of pensions and other employee benefits, asset liability management and professionalism.

Prerequisite(s): A minimum mark of 60% in Actuarial Science 2427A/B. Restricted to students who have completed all courses specifically mentioned in the Major in Actuarial Science module.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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Survival models, nonparametric estimation of the survival function, one and two or more sample hypothesis tests, inference for semiparametric regression models, inference for parametric regression models.

Prerequisite(s): A minimum mark of 60% in Statistical Sciences 3858A/B.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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Selection, calibration, and validation of parametric models for insurance losses; credibility theory; extreme value distributions, multivariate loss models, and their estimation.

Prerequisite(s): A minimum mark of 60% in Statistical Sciences 3858A/B. Restricted to students enrolled in any Actuarial Science module, or those registered in the Honors Specialization module in Statistics or the Honors Specialization in Financial Modelling module.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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A course description will be available from the department at the time of registration.

Prerequisite(s): A minimum mark of 60% in Actuarial Science 2427A/B and permission of the department.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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A course description will be available from the department at the time of registration.

Prerequisite(s): A minimum mark of 60% in Actuarial Science 2427A/B and permission of the department.

Extra Information: 3 lecture hours.

Course Weight: 0.50
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The student will work on a project under faculty supervision. The project may involve an extension, or more detailed coverage, of material presented in other courses. Credit for the course will involve a written report as well as an oral presentation.

Antirequisite(s): Financial Modelling 4998F/G/Z, Statistical Sciences 4999F/G/Z, the former Statistical Sciences 4998F/G/Z.

Prerequisite(s): Registration in the fourth year of the Honors Specialization in Actuarial Science, Statistics, or Financial Modelling. Students must have a modular course average of at least 80% and must find a faculty member to supervise the project.

Course Weight: 0.50
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