MATH 448 - Intro to Financial Mathematics

Institution:

Indiana University of Pennsylvania-Main Campus

Subject:

Mathematics

Description:

A rigorous mathematical treatment of the theory associated with financial transactions is undertaken. Geometric series and other concepts are used to construct mathematical models for analytically pricing various financial securities based on the time value of money. Studies how to construct mathematical models for pricing cash flows and explores the equivalency of different cash flows. Includes a detailed study of interest theory and financial economics. Prepares students for the Society of Actuaries Financial Mathematics (FM) exam.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.iup.edu

Phone Number:

(724) 357-2100

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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