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. Topics include time value of money, annuities, perpetuities, loans, bonds, portfolios, duration, immunization, and interest rate swaps. The course is designed to fully prepare students for the actuarial exam FM.

Prerequisites: MATH 0106  or permission of instructor

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