Courses of Study 2017-2018 
    Oct 17, 2018  
Courses of Study 2017-2018 [ARCHIVED CATALOG]

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BTRY 3090 - Theory of Interest

(crosslisted) STSCI 3090 
Spring (even years only). 4 credits. Student option grading (no audit).

Prerequisite: BTRY 3080  or permission from the instructor.

C. Earls.

This course will cover financial mathematics and financial instruments relevant to exam FM offered by the Society of Actuaries. Topics on the present and accumulated value of future cash flows will be covered including the measurement of simple and compound interest, annuities, yield rates, amortization schedules, bonds, securities, and derivatives.

Outcome 1: Apply the principles of financial mathematics.

Outcome 2: Understand the fundamentals of financial instruments.

Outcome 3: Have a strong background for studying for the SOA FM exam.

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