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    University of Southern Indiana
  Jan 22, 2018
2017-2018 Undergraduate Bulletin
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MATH 375 - Interest Theory and Mathematical Finance

Credits: 4

This course is an introduction to interest theory and mathematical finance.  Topics include calculation of interest and yield rates; present, future, discounted and accumulated values; and time intervals involved in cash flow transactions.  Both continuous and discrete time models will be considered. This course provides the basic foundation for Exam FM administered jointly by the Society of Actuaries and Casualty Actuarial Society. This course does not satisfy the requirements for a degree in mathematics.

Prerequisite(s): MATH 235  (grade of C or better).

Term(s) Offered: Spring (even-numbered years)

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