| |
Apr 28, 2024
|
|
|
|
|
MAT 551 - Financial Mathematics
Pre-requisite: MAT 166.
This course is a mathematical treatment of some fundamental concepts of financial mathematics and their application to basic risk management. Topics include valuing investments, capital budgeting, valuing contingent cash flows, yield curves, spot rates, forward rates, short sales, Macaulay duration, modified duration, convexity and immunization, financial derivatives and their use in risk management. Students will be required to do a major research project or paper. This course provides preparation for the FM Actuarial Exam.
3 Credits.
Add to Portfolio (opens a new window)
|
|
