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
Target Intake: 50 gifted S2–S3 students (HKAGE student members)
Programme Period: May–Oct 2026
Announcements (28 Aug 2026)
Revised Proposal and Dataset Submission
All groups must submit their revised project proposal, together with the dataset(s) to be used, on or before 4 September 2026 (Friday), 23:59.
Please ensure that the revised proposal clearly presents the finalised project topic, project or product design, data sources, proposed methodology and division of work.
Capstone Project Showcase
The Capstone Project Showcase will be held on 17 October 2026 (Saturday), 13:00–17:00 at Room 308, Lee Shau Kee Building, The Chinese University of Hong Kong.
Students are warmly encouraged to invite their parents or guardians to attend the showcase and support the group presentations.
Parent Consent Form for Photography and Publicity
All students are required to obtain a parent/guardian signature on the Parent Consent Form for Photography and Publicity and submit the signed hard copy to the teaching team as soon as possible.
A printed copy of the consent form has already been distributed during class. If your parent/guardian requires another copy, the form can be downloaded from: Parent Consent Form (PDF)
Please ask your parent/guardian to read, complete, and sign the form, and return the signed hard copy to us at your earliest convenience.
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 |
Teaching Team Contact Table
| Name | Role / Capacity | |
|---|---|---|
| Mr Michael KAN | Programme coordination and teaching support | michael.kwkan@cuhk.edu.hk |
| Prof Keith Chan | Teaching team / academic support | kinwaichan@cuhk.edu.hk |
| Prof Tony Sit | Teaching team / academic support | tony.sit@cuhk.edu.hk |
| Mr Dominic Leung | Guest speaker | leungcheuk209@hotmail.com |
| Dr. Derrick Fung | Guest speaker | derrickfung@hsu.edu.hk |
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:
-
Google Spreadsheets
Students can access Google Spreadsheets at https://docs.google.com/spreadsheets for data organisation, analysis, and collaborative work. -
Google Gemini (Free Tier)
Students may use Google Gemini at https://gemini.google.com under the free tier. -
Vertex AI Search (Registered Students Only)
Students who have completed registration can access Vertex AI Search -
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. -
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 + Ms. Hou Pui Shan, Ally + Mr. Chong Chun Hin, Anthony | Day 4: Discrete distributions. R coding with Google Gemini assistance. Mini Project
Materials: Reference Notes: View Tutorial Notes: View Guidelines on Mini Project: View |
| 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 + Ms. Hou Pui Shan, Ally | Day 5: Finance intro (markets, stocks/bonds, risk-return). Portfolio simulations, Google Gemini insights. Mentor tutorials; formative feedback.
Materials: Reference Notes: View Tutorial Notes: View Mini Project Submission: Click here! Mini Project Collcetions: Click here! |
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 + Mr. Chong Chun Hin, Anthony + Mr. Lin Ka Man, Tom | Day 1: Risk intro & portfolio diversification. R portfolio analysis, Google Gemini code generation.
Materials: Lecture Notes: View Tutorial Notes: View Raw Codes of Tutorial Notes: View |
| 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 + Mr. Lin Ka Man, Tom + Mr. Lin Chun Tat, Tom | Day 2: Probability distributions (normal/binomial/Poisson). R simulations/histograms, Google Gemini optimization.
Materials: Lecture Notes: View Google Colab Demo: Click here! Tutorial Notes: View Pop Quiz: View Solution for Pop Quiz by AI: View |
| 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 + Mr. Lin Ka Man, Tom + Mr. Lin Chun Tat, Tom | Day 3: Value at Risk. R simulations, Google Gemini result interpretation.
Materials: Lecture Notes: View Tutorial Notes: View |
| 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 + Mr. Lin Chun Tat, Tom + Mr. Chong Chun Hin, Anthony | Day 4: Financial Derivative and Risk Hedging. R VaR calculation, Google Gemini scripting, group discussions.
Materials: Lecture Notes: View Tutorial Notes: View |
| 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 Mr. Dominic Leung + Mr. Kan Kin Wai | Day 5: Summative MCQ (1h, FRM-style) + Guest lecture on industry trends.
Materials: Poster for Guest Lecture: View Dominic Guest Lecture Handout: View Dominic Guest Lecture Full Transcript: View URL for Summative Test (Phase 2): View FRM Test Result Analysis: View FRM Test Solution: View |
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 + Mr. Lin Ka Man, Tom + Mr. Lin Chun Tat, Tom | Day 1: Actuarial overview, insurance basics. Excel risk/probability calcs, Google Gemini premium calculator.
Materials: Lecture Notes: View Tutorial Notes: View Excel Template: View Excel Template (Solution): View |
| 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 + Mr. Lin Ka Man, Tom + Mr. Lin Chun Tat, Tom | Day 2: Annuities/PV, life contingencies, mortality tables. Excel PV calcs, Google Gemini formulas.
Materials: Lecture Notes: View Tutorial Notes: View Data File for Tutorial: View Excel Template: View Excel Template (Solution): View |
| 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 + Mr. Lin Chun Tat, Tom + Mr. Chong Chun Hin, Anthony | Day 3: Survival models and insurance pricing. R curves/premium sims, Google Gemini assistance.
Materials: Lecture Notes: View Tutorial Notes: View |
| 14 | 8 Aug 2026 (Sat) | 10:30–12:30 (Lecture) / 12:30–14:00 (Lunch) / 14:00–16:00 (Tutorial) | G25, Lady Shaw Building, CUHK | Guest Speaker Dr. Derrick Fung + Mr. Kan Kin Wai | Day 4: Summative MCQ (SOA-style) + Guest lecture.
Guest Speaker Information: Dr. Derrick Fung's website: View Materials: Dr. Fung Guest Lecture Handout: View Dr. Fung Guest Lecture Transcript: View URL for Summative Test (Phase 3): View Solution for Summative Test (Phase 3): View |
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).
Materials: Reference Slides For Phases 1-3 Review: View CasptonE Project Guidelines: View |
| 16 | 26 Aug 2026 (Wed) | 13:30–14:45 | Zoom | Mr. Kan Kin Wai |
Refining the project proposal and confirming the project topic;
group progress review and learning support specialist feedback.
Submission Reminder: All groups must submit their revised project proposal together with the dataset(s) to be used on or before 4 Sep 2026 (Fri), 23:59. Materials: Lesson Slides: View |
| 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
- Showcase venue: CUHK Shatin Campus (TBC).
- Please take a paid shuttle bus from the University Station stop to the Sir Run Run Shaw Hall stop. (Details: https://transport.cuhk.edu.hk/route/up/)
- CUHK Campus Map: https://www.cuhk.edu.hk/english/campus/cuhk-campus-map.html
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: 27 Jul 2026