2019 - 2020 Graduate Bulletin

Courses

Course Description

MA 570 Mathematical Finance 4 cr. (4-0-0)

  • Graded: A/F
  • Prerequisite: Graduate student in mathematics or instructor permission.

​This is a graduate level course in mathematical finance. The instructor will cover the following topics: forwards, swaps and options, replication, risk-neutrality, Martingales, options and derivatives pricing, continuous-time stochastic processes, Brownian motion. This course contributes to a student’s readiness for professional actuarial exams such as CAS I/SOA P (Casualty Actuarial Science Examination #1/Society of Actuaries Probability Exam) and CAS II/SOA FM (Casualty Actuarial Science Examination #2/Society of Actuaries Financial Mathematics Exam).

courses