MATH-35500 Financial Mathematics

This course will provide students with 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 as a basis for future use in: reserving, valuation, pricing, asset/liability management, investment income, capital budgeting, and valuing contingent cash flows. These are all topics covered on the financial mathematics actuarial exam (Exam FM).

Credits

3

Prerequisite

MATH 23500 and MATH 22000 or MATH 21000