Member Event: Dependence data modelling Course

Book now for our 2 day course at UEA London (28th/29th June 2012): Dependence modelling using multivariate copulas with applications.

Aimed at actuarial practitioners, risk professionals, consultants and academics, this course will introduce and develop the theoretical aspects of dependence data modelling with copulas.

Multivariate data abound in many applications including insurance, risk management, finance, biology, health and environmental sciences. Copulas are a currently popular way to model multivariate data as they account for the dependence structure and provide a flexible representation of the multivariate distribution. They allow for flexible dependence modelling, different from assuming simple linear correlation structures and normality, which makes them particularly well suited to many applications in finance, insurance and medicine, among others. Course objectives

This 2-day short course:

• Introduces and develops the theoretical aspects of dependence modelling with copulas both for continuous and discrete multivariate data.
• Presents real-data applications of multivariate copulas describing features of existing copula software.
• Presents the latest developments both in theory and practice.

Target Audience

The course is intended for actuarial practitioners, risk professionals, consultants and academics.

Course outcomes

After the course, the participants will have a firm knowledge on the theory of copulas and the use of copulas for dependence modelling in finance, actuarial science and medicine. The course is worth 8 CPD hours.

Course Cost

• Industry rate: 2 days £1025 + VAT or 1 day £575 + VAT
• University research students, academic and research staff: 2 days £275 + VAT
• There is a 10% discount for UEA alumni

This includes course materials, refreshments and lunch.

For more information and to book a place on the course go to:

www.uea.ac.uk/cmp/short-courses/dependence-modelling-using-multivariate-copulas-with-applications