MAT 464
Adv Financial Math & Applicatn · 4 credits · Fall 2026
Requirements
Prereq MAT 364
About this course
Continuation of MAT 364. Further study of cash flows and rates, arithmetic and geometric annuities, loans, retrospective and prospective methods, bonds, callable bonds, dollar and time-weighted rates of return, duration and convexity of a set of cash flows, spot rates, Redington immunization, interest rate swaps. A strong emphasis on applying theory to problem-solving.Note. Material covered in this class will help students prepare for the Society of Actuaries? FM Exam.Prereq: MAT 364
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