Financial Mathematics. ((3 Credits))

Catalog description

Prerequisite(s): MATH 1220 and FIN 3100 each with a grade of C or higher and University Advanced Standing Corequisite(s): MATH 3755 Prepares students to take Exam FM/Exam 2 given by the Society of Actuaries/Casualty Actuarial Society. Trains students to answer complex questions under significant time pressure. Covers the principles and mathematics of interest, annuities, amortization, investments, financial economics, derivative investment contracts and financial risk management.