2012-2013 Academic Catalog 
    
    Apr 19, 2024  
2012-2013 Academic Catalog [Archived Catalog]

ACSC 411 - Derivative Market


Credits: Three
Prerequisite: Approved by advisor
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.