2016-2017 Academic Catalog 
    
    Nov 26, 2024  
2016-2017 Academic Catalog [Archived Catalog]

ACSC 611 - Derivative Market


Credits: Three (3)
Prerequisite: ACSC-610
The course covers the theoretical basis of certain actuarial models and the application of those models to insurance and other financial risks. The topics include interest rate models, rational valuation of derivative securities, simulation, and risk management techniques. A thorough knowledge of calculus, probability, and interest theory is assumed. Basic knowledge of risk management is also assumed. One presentation will be needed for this course.