Financial Mathematics

Catalog description

Introduction to the fundamental concepts of financial mathematics, and how these concepts are applied in calculating present and accumulated values for various streams of cash flows as a basis for future use in: reserving, valuation, pricing, asset/liability management, investment income, capital budgeting, and valuing contingent cash flows. The course content is based on the syllabus for the Society of Actuaries (SOA) professional Exam FM - Financial Mathematics.