Financial Mathematics for Actuaries [open SP26]
(Preparation for Actuarial Exam 2/FM)
Time: Fridays 5-7 pm
Location: Social Sciences 56
Instructor: Nicholas Costello
Units: 2 (P/NP)
DeCal Sign-up link: here
This course introduces the key concepts of financial mathematics and financial instruments with an emphasis on applications in the actuarial field. It is intended to prepare students for Exam 2/FM (Financial Mathematics), which is jointly sponsored and administered by the Society of Actuaries and the Casualty Actuarial Society. Even if you are not interested in pursuing an actuarial career, this course could also be for you if you are interested in finance!
*Note: Since the first two actuarial exams can be taken in any order for credit, Exam 1/P is NOT a prerequisite to Exam 2/FM. In addition, there is little-to-no overlap in coursework between Exam 1/P and Exam 2/FM.
Probability for Actuaries [starting FA26]
(Preparation for Actuarial Exam 1/P)
Time: N/A
Location: N/A
Instructor: N/A
Units: 2 (P/NP)
DeCal Website: N/A
This course is intended for students exploring the actuarial career and is designed to prepare students for the Actuarial Exam 1/P (Probability), jointly sponsored and administered by the Society of Actuaries and CAS Casualty Actuarial Society. We will cover the topics listed in the exam syllabus provided by the SOA, including general probability, univariate and multivariate probability distributions, mixed random variables, and more.
Syllabus information such as homework assignments, lectures, midterms and the final are yet to be determined. All homework and test questions are multiple choice and are similar to the questions one would see on the actual Exam 1/P.
This course is currently not being offered, but if we receive enough interest, we will look into restarting it!