May 22, 2024  
2020-2021 Undergraduate Catalog 
2020-2021 Undergraduate Catalog [ARCHIVED CATALOG]

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MATH 440 - Mathematical Theory of Financial Economics

Concepts, principles, and techniques needed for the professional actuarial SOA/CAS Exam MFE are covered in this course. Topics to explore include interest rate models, bond price models, rational valuation of derivative securities, and delta-hedging as risk management techniques.

Prerequisites: MATH 411B and MATH 418C.

Credits: (5)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

  • Become familiar with notations and terminology used in derivatives markets
  • Can comprehend and construct interate rate models
  • Become familiar with techniques for risk management
  • Be capable of rational valuation of derivative securities
  • Can comprehend and construct bond price models

Learner Outcomes Approval Date:

Anticipated Course Offering Terms and Locations:

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