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May 13, 2024
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2015-2016 Undergraduate Catalog/Student Handbook [ARCHIVED CATALOG]
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MATH 0343 - Actuarial Problem Solving II 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
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