See below the programme and registration information,
Preliminary Programme
Thursday, 3 December 2026
09:00 – 09:05 Introduction and Welcome
09:05 – 10:15 Probability for Mathematical Finance
10:15 – 10:30 Break
10:30 – 11:30 Probability for Mathematical Finance
11:30 – 11:45 Break
11:45 – 12:45 Risk Neutral Valuation of Derivatives
12:45 – 14:00 Break
14:00 – 15:45 Discrete-Time Stochastic Processes and discrete-time financial models
Friday, 4 December 2026
09:00 – 09.30 Discrete-Time Financial Models
09.30 – 10.15 Tools for Continuous Time Finance
10:15 – 10:30 Break
10:30 – 11:30 Tools for Continuous Time Finance
11:30 – 11:45 Break
11:45 – 12:45 Tools for Continuous Time Finance and the Black Scholes Model
12:45 – 14:00 Break
14:00 – 15:45 The Black Scholes Model, Volatility Modelling, Term Structure Models and Financial Applications
All the above times are given in CET (Central European Time).
Learning Objectives & Approach
The 1.5 day web session serves a double purpose. On the one hand, it is a bridging course designed to prepare actuaries with a more qualitative background for the quantitative parts of the CERA education. On the other hand, it is an independent refresher course for actuaries wanting to brush up their quantitative skills in the fields of financial mathematics.
This web session is not a formal part of the CERA education.
Please visit www.ceraglobal.org for more information on the CERA designation.
Participants
The web session is open to all persons who are interested in deepening their quantitative skills in the fields of financial mathematics and risk measurement.
Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure to join the web session with a stable internet connection.
Fees & Registration Details
Early Bird Registration Fee (until 22 October 2026):
- For private customers in the EU: €540.00 + VAT of the billing country (example Germany: €642.60 incl. 19% VAT)
- For private customers outside the EU: €642.60 (incl. 19% VAT)
- For businesses within the EU (excl. Germany, with valid VAT ID): €540.00 (net, reverse charge applies)
- For businesses in Germany: €642.60 (incl. 19% VAT)
Regular Registration Fee (from 23 October 2026):
- For private customers in the EU: €600.00 + VAT of the billing country (example Germany: €714.00 incl. 19% VAT)
- For private customers outside the EU: €714.00 (incl. 19% VAT)
- For businesses within the EU (excl. Germany, with valid VAT ID): €600.00 (net, reverse charge applies)
- For businesses in Germany: €714.00 (incl. 19% VAT)
Important VAT Information:
- For private customers with a billing address in an EU country: VAT will be charged at the applicable rate in the country of the billing address. The final amount, including VAT, will be calculated upon invoicing.
- For customers with a non-EU (third country) billing address: Only a non-company billing address is accepted for VAT compliance reasons. 19% VAT applies to all non-EU private customers.
- For businesses within the EU (excluding Germany), Iceland, Liechtenstein, Norway, Switzerland, and the UK with a valid VAT ID: The reverse charge mechanism applies (net price; VAT will not be charged). Please ensure your valid VAT ID is entered correctly during registration.
- For all customers with a billing address in Germany: 19% VAT applies.
Your registration is binding. Cancellation is only possible up to 4 weeks before the first day of the event. If you cancel later, the full participation fee is due. You may appoint someone to take your place but must notify us in advance. EAA has the right to cancel the event if the minimum number of participants is not reached.