STAT 442 - Actuarial Science FM

Credit(s): 3
When Offered: Spring Even

The course will help prepare students for Exam FM of the Society of Actuaries and/or Exam 2 of the Casualty Actuarial Society. This course will cover the fundamental concepts of financial mathematics as they relate to modern actuarial science. Topics of the course will be those of these professional exams: time value of money, annuities, equations of value, amortization, loans, bonds, and other topics of finance.

Prerequisite(s): FIN 301 and MATH 320.