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2018-2019 Catalog
MAP 3170: Financial Mathematics for Actuarial Science

Course Description for Financial Mathematics for Actuarial Science

MAP3170: Financial Mathematics for Actuarial Science
3
Prerequisite:  MAC 2312 This course covers the content of the joint Society of Actuaries/Casualty Actuarial Society Exam FM/2 on mathematical interest theory. Topics include amount functions, interest rates and yields, force of interest, special annuity types, bonds, yield curves, interest rate sensitivity, and an introduction to the mathematics of financial derivatives.