CS2 (Risk Modeling and Survival Analysis) is a follow-up to CS1. It improves knowledge and skills in risk modelling, time series analysis, stochastic processes (particularly Markov chains and Markov jump processes), survival analysis (including regression methods applied to duration data), and graduation approaches. A high-level introduction to machine learning is also included. The course covers both theory and the application of concepts to real-world data sets using R.
In subjects CM1 and CM2, the material in this subject is applied to actuarial modelling.