Apr 18, 2024  
2022-2023 Undergraduate Catalog 
    
2022-2023 Undergraduate Catalog [ARCHIVED CATALOG]

MAT 393 Financial Mathematics I

Fall

This course develops student skills with detailed real-world problems involving financial mathematics, such as, present and accumulated values or streams of cash flows for use in reserving, valuation, pricing, asset and liability management, investment income, capital budgeting, and valuing contingent cash flows involving annuities, loans, bonds, and swaps.  MAT 393 covers the material on the SOA Financial Mathematics Exam. Prerequisite: MAT 171  with a 2.0 or better.  Mathematics - Actuarial Science track/minor only.

3 credit hours