Summer 2015 Courses

Course - Section Title Days Time Location

Fall 2015 Courses

Course - Section Title Days Time Location
ACSC 264 - 01 Theory of Interest M - W - - - - 1335 - 1510 OSS 122
CRN: 41488 4 Credit Hours Instructor: Thorsten P. Moenig A survey of topics in the mathematical analysis of financial transactions which involve payments made over time. Specific areas of concentration will include the time value of money, the analysis of annuities, amortization and sinking funds, and the pricing and rates of return on investments. Both continuous time and discrete time problems will be considered. Offered spring semester. Prerequisite: a grade of C- or above in MATH 114

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ACSC 264 - 02 Theory of Interest M - W - - - - 1525 - 1700 OSS 214
CRN: 42543 4 Credit Hours Instructor: Thorsten P. Moenig A survey of topics in the mathematical analysis of financial transactions which involve payments made over time. Specific areas of concentration will include the time value of money, the analysis of annuities, amortization and sinking funds, and the pricing and rates of return on investments. Both continuous time and discrete time problems will be considered. Offered spring semester. Prerequisite: a grade of C- or above in MATH 114

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Location Time Day(s)
ACSC 320 - 01 Risk Management & Insurance - - W - - - - 1730 - 2100 OSS LL18
CRN: 41981 4 Credit Hours Instructor: Staff This course introduces students to the subjects of insurance--theory and practice--and corporate risk management. In addressing these subjects, students will receive exposure to risk theory, insurance pricing, contract analysis, insurance company operations, reinsurance, regulation and the concepts and principles of business risk management. Offered fall semester. Prerequisite: Junior standing or MATH 114

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Location Time Day(s)
ACSC 351 - 01 Foundations:Actuarial Math - T - R - - - 0955 - 1135 OSS 227
CRN: 40002 4 Credit Hours Instructor: Heekyung K. Youn The course covers the theory and applications of contingency mathematics in the area of life and health insurance, annuities and pensions from both the probabilistic and deterministic approaches. Topics will include: survival distributions, actuarial notation, life insurance and life annuities, net premiums and reserves. Offered fall semester. Prerequisite: a grade of C- or above in ACSC 264 and MATH 313

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Location Time Day(s)
ACSC 351 - 02 Foundations:Actuarial Math - T - R - - - 1330 - 1510 OSS 214
CRN: 42085 4 Credit Hours Instructor: Heekyung K. Youn The course covers the theory and applications of contingency mathematics in the area of life and health insurance, annuities and pensions from both the probabilistic and deterministic approaches. Topics will include: survival distributions, actuarial notation, life insurance and life annuities, net premiums and reserves. Offered fall semester. Prerequisite: a grade of C- or above in ACSC 264 and MATH 313

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ACSC 464 - 01 Mathematical Finance - T - R - - - 0955 - 1135 OSS 214
CRN: 40897 4 Credit Hours Instructor: Staff The focus of this course is on applications of probability, stochastic processes, and other mathematical tools to problems in finance. Both discrete and continuous models, including binomial, Brownian motion, and geometric Brownian motion models will be used to investigate the effects of randomness in financial markets and the behavior of financial instruments. The mathematical realization of arbitrage and hedging strategies will be examined, including the Arbitrage Theorem and the concept of risk-neutral pricing. Applications will include the pricing of equity options, currency transactions and the use of duration and convexity in fixed income analysis. The course will be of interest to students of actuarial science, mathematics, finance and economics who want to develop a better quantitative understanding of financial risk. Offered fall semester. Prerequisites: a grade of C- or above in MATH 313 or MATH 303 and ACSC 264 or a course in FINC approved by the instructor

Schedule Details

Location Time Day(s)
ACSC 464 - 02 Mathematical Finance - T - R - - - 1525 - 1700 OSS 214
CRN: 42545 4 Credit Hours Instructor: Staff The focus of this course is on applications of probability, stochastic processes, and other mathematical tools to problems in finance. Both discrete and continuous models, including binomial, Brownian motion, and geometric Brownian motion models will be used to investigate the effects of randomness in financial markets and the behavior of financial instruments. The mathematical realization of arbitrage and hedging strategies will be examined, including the Arbitrage Theorem and the concept of risk-neutral pricing. Applications will include the pricing of equity options, currency transactions and the use of duration and convexity in fixed income analysis. The course will be of interest to students of actuarial science, mathematics, finance and economics who want to develop a better quantitative understanding of financial risk. Offered fall semester. Prerequisites: a grade of C- or above in MATH 313 or MATH 303 and ACSC 264 or a course in FINC approved by the instructor

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J-Term 2016 Courses

Course - Section Title Days Time Location