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Detailed Course Information

 

Spring 2015
May 09, 2024
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MA 27300 - Introduction To Financial Mathematics
Credit Hours: 3.00. A mathematical treatment of some of the fundamental concepts of financial mathematics and their application to real world business situations and basic risk management. Includes discussions of interest rates, discount rates, annuity valuation, bond valuation, cash flow valuation, spot rates, forward rates, Macaulay duration, modified duration, effective duration, convexity, and immunization, and their use in risk management. Provides preparation for the SOA/CAS Actuarial Exam FM/2. Typically offered Fall.
3.000 Credit hours

Syllabus Available
Levels: Undergraduate, Graduate, Professional
Schedule Types: Distance Learning, Lecture

Offered By: Regional Campus Only

Course Attributes:
Lower Division

May be offered at any of the following campuses:     
      PU Fort Wayne

Learning Outcomes: 1. Demonstrate knowledge of key concept, including interest and discount rates, present and future value, annuity, perpetuity, yield rate, allocation of investment income, duration, convexity, immunization, bonds, certificates of deposit, mortgage, and stocks. 2. Demonstrate the ability to apply the key concepts in financial scenarios.


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