May 02, 2024  
2023-2024 Undergraduate Catalog 
    
2023-2024 Undergraduate Catalog

MATH 4481 - Financial Mathematics 1


Credit hours: 4

Description: Use of mathematical and numerical models in financial and actuarial work, including pricing financial securities and making risk estimates. Topics include time value of money, annuities and cash flows, loans, bonds, general cash flows, portfolios, and immunization. Covers all of the required topics on actuarial: Financial Mathematics examination.

Prerequisite(s): MATH 2413 (formerly MATH 2424 or MATH 1710) with a grade of C or better.

Course typically offered: On demand