• Financial Mathematics

Catalog description

Topics and problem-solving practice for the actuarial exam in financial mathematics. Theory of interest topics include: time value of money, annuities, cash flows, amortized loans, bonds, portfolios, and immunization. Financial economics topics include: derivatives, options, forwards and futures, swaps, hedging, and investment strategies. Prerequisites: MAT 125 with a C- or higher. Offered: Fall, even # years.