Jun 13, 2024  
2023-2024 Undergraduate Catalog 
    
2023-2024 Undergraduate Catalog

MATH 313: Financial Mathematics for Actuaries


(1 Unit)
MATH 209   or MATH 309   MATH 247  
Introduction to mathematics of financial derivatives in discrete time.  Risk-neutral/arbitrage-free modeling of risky securities including options, forwards, futures, and swaps.  Emphasis on single and multi-period Arrow-Debreu models and discrete-time stochastic processes with applications to actuarial mathematics. Mason