MATH 415 - Actuarial and Financial Methods

4 Hour(s) Credit
Introduction to advanced actuarial mathematical models for life insurance and life annuities emphasizing the traditional actuarial functions of determining premiums and reserves from a stochastic point of view. Topics include multiple life theory, models with expenses, stochastic process, and option pricing in life insurance and annuities.
Four hours per week
Prerequisites C or better in MATH 215, MATH 413
Recommended Prerequisites C or better in MATH 315