2018-2019 Undergraduate Catalog/Handbook 
    
    Mar 28, 2024  
2018-2019 Undergraduate Catalog/Handbook [ARCHIVED CATALOG]

MATH 0343 - Actuarial Problem Solving: Financial Mathematics


Credits: 3

This course develops an understanding of the fundamental concepts of financial mathematics and how those concepts are applied in calculating present and accumulated values for various streams of cash flows including annuities, perpetuities, loans, bonds, and general portfolios.  The course also introduces financial instruments such as market derivatives and the concept of no-arbitrage.  This course is designed to fully prepare students for the actuarial exam FM/2.

Prerequisites: MATH 0201   and permission of instructor