Acturial Sciences

 

Life events such as death, accidents and natural disasters are uncertain. The cornerstone of actuarial science is to measure the financial implications of uncertain events. The uncertainty is known as “risk”. Regardless of whether it is a favourable or not, an event with 99% chance of occurring has more risk than an event with 100% chance of occurring. Risk implies uncertainty and vice-versa. Every actuarial calculation is fundamentally made up of probabilities and their respective financial cost should they occur. Interestingly, since events cannot be predicted with 100% certainty, every actuarial result itself is incorrect due to differences between expected and actual experience. The aim of an actuarial calculation is to provide a result that falls within a reasonable range of accurate results.

Courses
I am able to provide tutoring services in the following subjects:

Mathematics of Investment & Credit
Interest Theory
Life Contingencies
Pension Mathematics

 

Tutor Location or Online*

Pay as you go

$55/hr

5 Hour Package

$50/hr

10 Hour Package

$45/hr

All rates are in CDN($).

* Location in Little Italy Area, Toronto, Canada. In-home tutoring provided at additional costs to cover travel and commute.

Lessons for packages must be completed within 45 days of date of purchase.
First lessons for new students at lowest available rate.
Frequency and Method of Payment

Full fees for Lesson Packages are paid upfront before the beginning of the first lesson. Fees for Pay-as-you-go are paid at the end of each lesson. Fees can be paid in cash, via online banking, or PayPal.
Cancellation Policy

Pay-as-you-go: 24 hours notice required or penalty of $50 applies.

5 Hour or 10 Hour packages: Fees are non-refundable.