Dec 06, 2021  
2020-2021 University Catalog 
    
2020-2021 University Catalog [ARCHIVED CATALOG]

MA 37300 - Financial Mathematics


Credit Hours: 3.00.  A mathematical treatment of some fundamental concepts of financial mathematics and their application to real world business situations and basic risk management. Includes discussions of valuing investments, capital budgeting, valuing contingent cash flows, yield curves, spot rates, forward rates, short sales, Macaulay duration, modified duration, convexity, and immunization. Provides preparation for the SOA/CAS Actuarial Exam FM/2. Typically offered Fall Spring.Credits: 3.00