OSALP 2025-04
Nurturing Future Risk Managers and Actuaries: An AI-powered Journey for Gifted Secondary Students

Programme Number: 2025-04  |  Funded by: Gifted Education Fund, Education Bureau
Target Intake: 50 gifted S2–S3 students (HKAGE student members)
Programme Period: May–Oct 2026

Announcement (16 May 2026)

Notice: All students, including those admitted from the waitlist, are required to submit their Gmail information with parent consent via this form as soon as possible.

General Information

Programme Provider Department of Statistics and Data Science, The Chinese University of Hong Kong
Programme Leader Prof. YAU Chun Yip
Curriculum & Learning Support Specialist Mr. KAN Kin Wai
Administrative & Outreach Coordinator Ms. NG Yan Yau, Yanny

Participant Notices (Updated)

  • You may bring your own laptop or tablet to each lesson.
  • There are no electrical sockets in the classroom — ensure your laptop is fully charged beforehand.
  • If you want to excuse yourself from any sessions for special reasons, you should notify us by submitting the Leave Notification Form and provide relevant documents.
  • The schedule is for reference only and is subject to the programme provider’s version.

AI Toolkit

To support your learning throughout the course, you may access the following AI and data tools:

  1. Google Spreadsheets
    Students can access Google Spreadsheets at https://docs.google.com/spreadsheets for data organisation, analysis, and collaborative work.
  2. Google Gemini (Free Tier)
    Students may use Google Gemini at https://gemini.google.com under the free tier.
  3. Vertex AI Search (Registered Students Only)
    Students who have completed registration can access Vertex AI Search
  4. AI Prompt Guide (Google Gemini)
    Students can access our prepared prompt guide at AI Prompt Guide (PDF) to directly view, copy, and paste prompts into Google Gemini.
  5. R Programming Online Compiler
    Students can use https://rdrr.io/snippets/ as a free and secure environment to write and run R code. For local installation, please visit https://cran.r-project.org/ .

Detailed Lesson Schedule

Phase 1 (A4STM001C): Foundational Knowledge in Mathematics, Statistics, and Finance (17.5 hours) Alternative/Fallback Date (adverse weather): 10 Jul 2026 (Fri)
Session Date Time Venue Instructor(s) / Support Topic / Contents / Remarks
1 16 May 2026 (Sat) 10:30–12:30 Lecture / 12:30–14:00 Lunch / 14:00–15:30 Tutorial Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Chan Kin Wai + Mr. Kan Kin Wai + Ms. Hou Pui Shan, Ally Day 1: Arithmetic & algebra; money/saving/interest. Quizzes, real-life cases, Google Gemini for examples/simulations. Differentiated instruction.

Materials:
Reference Notes: View
Tutorial Notes: View
2 30 May 2026 (Sat) 10:30–12:30 Lecture / 12:30–14:00 Lunch / 14:00–15:30 Tutorial Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Chan Kin Wai + Mr. Kan Kin Wai + Ms. Hou Pui Shan, Ally + Mr. Chong Chun Hin, Anthony Day 2: Statistics foundations (data types, collection, mean/median/mode, variability). Quizzes, surveys, graphs with Google Gemini code/visualization.

Materials:
Reference Notes: View
Tutorial Notes: View
Dataset: View
3 20 Jun 2026 (Sat) 10:30–12:30 Lecture / 12:30–14:00 Lunch / 14:00–15:30 Tutorial Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Chan Kin Wai + Mr. Kan Kin Wai + Ms. Hou Pui Shan, Ally + Mr. Chong Chun Hin, Anthony Day 3: Probability basics (rules, random variables). Games, Google Gemini and R calculations/scenarios.

Materials:
Reference Notes: View
Tutorial Notes: View
Simulation Game: View
4 4 Jul 2026 (Sat) 10:30–12:30 Lecture / 12:30–14:00 Lunch / 14:00–15:30 Tutorial Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Chan Kin Wai + Mr. Kan Kin Wai + TBC Day 4: Discrete distributions (permutations/combinations, Bernoulli/Binomial). Google Gemini explanations/computations.
5 11 Jul 2026 (Sat) 10:30–12:30 Lecture / 12:30–14:00 Lunch / 14:00–15:30 Tutorial Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Chan Kin Wai + Mr. Kan Kin Wai + TBC Day 5: Finance intro (markets, stocks/bonds, risk-return). Portfolio simulations, Google Gemini insights. Mentor tutorials; formative feedback.
Phase 2 (A4STM002C): Introduction to Risk Management Science Alternative/Fallback Date (adverse weather): 15 Aug 2026 (Sat)
Session Date Time Venue Instructor(s) / Support Topic / Contents / Remarks
6 15 Jul 2026 (Wed) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Tony Sit + Mr. Kan Kin Wai + TBC Day 1: Risk intro & stats review. R data input/visualization (bar/histograms), Google Gemini code generation.
7 17 Jul 2026 (Fri) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Tony Sit + Mr. Kan Kin Wai + TBC Day 2: Probability distributions (normal/binomial/Poisson). R simulations/histograms, Google Gemini optimization.
8 22 Jul 2026 (Wed) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Tony Sit + Mr. Kan Kin Wai + TBC Day 3: Law of Large Numbers. R simulations, Google Gemini result interpretation.
9 24 Jul 2026 (Fri) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Tony Sit + Mr. Kan Kin Wai + TBC Day 4: Risk ID/assessment (VaR intro). R VaR calculation, Google Gemini scripting, group discussions.
10 25 Jul 2026 (Sat) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: Room 103, Y C Liang Hall, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Guest Speaker (TBC) + Mr. Kan Kin Wai Day 5: Summative MCQ (1h, FRM-style) + Guest lecture on industry trends.
Phase 3 (A4STM003C): Actuarial Science and Insurance Principles (16 hours) Alternative/Fallback Date (adverse weather): 22 Aug 2026 (Sat)
Session Date Time Venue Instructor(s) / Support Topic / Contents / Remarks
11 29 Jul 2026 (Wed) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: L1, Institute of Chinese Studies, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Tony Sit + Mr. Kan Kin Wai + TBC Day 1: Actuarial overview, insurance basics. Excel risk/probability calcs, Google Gemini premium calculator.
12 31 Jul 2026 (Fri) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: L1, Institute of Chinese Studies, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Tony Sit + Mr. Kan Kin Wai + TBC Day 2: Annuities/PV, life contingencies, mortality tables. Excel PV calcs, Google Gemini formulas.
13 5 Aug 2026 (Wed) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: L1, Institute of Chinese Studies, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Prof. Tony Sit + Mr. Kan Kin Wai + TBC Day 3: Survival models, claims frequency/severity, pricing. Excel curves/premium sims, Google Gemini models.
14 8 Aug 2026 (Sat) 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) Lecture: L1, Institute of Chinese Studies, CUHK
Tutorial: G25, Lady Shaw Building, CUHK 		Guest Speaker (TBC) + Mr. Kan Kin Wai Day 4: Summative MCQ (SOA-style) + Guest lecture.
Phase 4 (A4STM004C): Capstone Project Development (7.5 hours)
Session Date Time Venue Instructor(s) / Support Topic / Contents / Remarks
15 12 Aug 2026 (Wed) 13:30–16:00 L1, Institute of Chinese Studies, CUHK (TBC) Mr. Kan Kin Wai Kick-off: Conclude Phases 1–3, announce capstone, group formation (5 per group), topic selection (fund risk analysis or insurance/annuity design).
16 26 Aug 2026 (Wed) 13:30–14:45 Zoom Mr. Kan Kin Wai Weekly progress check & learning support specialist feedback.
17 9 Sep 2026 (Wed) 16:30–17:45 Zoom Mr. Kan Kin Wai Weekly progress check & learning support specialist feedback.
18 23 Sep 2026 (Wed) 16:30–17:45 Zoom Mr. Kan Kin Wai Weekly progress check & learning support specialist feedback.
19 7 Oct 2026 (Wed) 16:30–17:45 Zoom Mr. Kan Kin Wai Dry-run presentations & final adjustments.
Phase 5 (A4STM005C): Showcase Event (4 hours) Alternative/Fallback Date (adverse weather): 24 Oct 2026 (Sat)
Session Date Time Venue Instructor(s) / Support Topic / Contents / Remarks
20 17 Oct 2026 (Sat) 13:00–17:00 CUHK Shatin Campus (TBC) Programme Team + Mentors (TBC) Group project presentations, peer & mentor feedback, award ceremony (top 3 teams), parent/guest invitation.

Capstone Project & Showcase

Students work in groups of 5 to conduct either (i) risk analysis of a real fund/portfolio or (ii) design innovative insurance/annuity products. Full support via Google Gemini and Zoom mentoring sessions. Final showcase held on 17 October 2026 (Saturday), 13:00–17:00 (CUHK Shatin Campus, TBC).

Venue & Transport Notes

Primary AI Tool

Google Gemini – Official AI partner of the programme. All students receive dedicated training on safe, responsible use to minimise hallucination risks.

Compliance & Important Notes

All teaching materials and student outputs belong to the Education Bureau (Intellectual Property clause, Guide for Applicants 2025/26). Personal data are handled strictly in accordance with the Personal Data (Privacy) Ordinance (PDPO). Sexual Conviction Record Check (SCRC) completed for all staff and mentors having student contact. National security and positive values education requirements integrated throughout the programme.

Last updated: 16 May 2026