MATH 401 - Financial Math Actuarial Sci

Institution:

Commonwealth University of Pennsylvania

Subject:

Mathematics

Description:

Presents mathematical models in financial mathematics and interest theory, and how these concepts are applied in calculating present and accumulated values for various streams of cash flows as a basis for use in reserving, valuation, pricing, asset/liability management, investment income, capital budgeting, and valuing contingent cash flows. Financial instruments, including derivatives, and the concept of no-arbitrage are covered. This course covers materials for the second actuarial exam, Exam 2, Financial Mathematics (FM).

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.commonwealthu.edu/

Phone Number:

(570) 389-4000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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