ACSI 4640 - Mathematics of Options, Futures, and Other Derivatives

3 credit hours

(Same as MATH 4640.) Prerequisites: ACSI 4630/MATH 4630 and ACSI 4200/MATH 4200. For students in Actuarial Science, offers preparation for the Society of Actuaries/Casualty Actuarial Society Course 6. Topics include risk management using options, interest rate swaps, interest rate caps, Black-Scholes analysis, Taylor series expansion to obtain hedge parameters, portfolio insurance, numerical procedures, interest rate derivatives, and use of Black’s model.

Click here for the Fall 2024 Schedule of Classes