Course Descriptions

The Course Descriptions catalog describes all undergraduate and graduate courses offered by Michigan State University. The searches below only return course versions Fall 2000 and forward. Please refer to the Archived Course Descriptions for additional information.

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Course Descriptions: Search Results

MTH 458 Financial Mathematics for Actuaries

Semester:
Fall of every year
Credits:
Total Credits: Credits: 3   Lecture/Recitation/Discussion Hours:3
Prerequisite:
MTH 360 and STT 441 and FI 379
Description:
Evaluate and construct interest rate models. Rational valuation of derivative securities using put-call parity and calculation of European and American options. Risk management techniques using the method of delta-hedging.
Interdepartmental With:
Statistics and Probability
Administered By:
Mathematics
Effective Dates:
SS11 - US13

MTH 458 Financial Mathematics for Actuaries

Semester:
Fall of every year
Credits:
Total Credits: Credits: 3   Lecture/Recitation/Discussion Hours:3
Prerequisite:
MTH 360 and STT 441 and FI 379
Recommended Background:
MTH 340 or MTH 347H
Description:
Evaluate and construct interest rate models. Rational valuation of derivative securities using put-call parity and calculation of European and American options. Risk management techniques using the method of delta-hedging.
Interdepartmental With:
Statistics and Probability
Administered By:
Mathematics
Effective Dates:
FS13 - US15

MTH 458 Financial Mathematics for Actuaries II

Semester:
Fall of every year
Credits:
Total Credits: Credits: 3   Lecture/Recitation/Discussion Hours:3
Prerequisite:
MTH 361 and STT 441
Recommended Background:
MTH 235 or MTH 340 or MTH 347H
Description:
Evaluate and construct interest rate models. Rational valuation of derivative securities using put-call parity and calculation of European and American options. Risk management techniques using the method of delta-hedging.
Interdepartmental With:
Statistics and Probability
Administered By:
Mathematics
Effective Dates:
FS15 - US23

MTH 458 Computational Methods in Mathematical Finance and Insurance

Semester:
Fall of every year
Credits:
Total Credits: Credits: 3   Lecture/Recitation/Discussion Hours:3
Prerequisite:
MTH 361 and STT 441
Recommended Background:
MTH 235 or MTH 340 or MTH 347H
Description:
Utilize modern computational methods to price contracts in insurance and mathematical finance. Rational valuation of derivative securities using put-call parity and calculation of European and American options. Introduce hybrid contracts and features, such as equity-indexed annuities.
Interdepartmental With:
Statistics and Probability
Administered By:
Mathematics
Effective Dates:
FS23 - Open

STT 458 Computational Methods in Mathematical Finance and Insurance

Semester:
Fall of every year
Credits:
Total Credits: Credits: 3   Lecture/Recitation/Discussion Hours:3
Prerequisite:
MTH 361 and STT 441
Recommended Background:
MTH 235 or MTH 340 or MTH 347H
Description:
Utilize modern computational methods to price contracts in insurance and mathematical finance. Rational valuation of derivative securities using put-call parity and calculation of European and American options. Introduce hybrid contracts and features, such as equity-indexed annuities.
Interdepartmental With:
Mathematics
Administered By:
Mathematics
Effective Dates:
FS23 - Open

STT 458 Financial Mathematics for Actuaries II

Semester:
Fall of every year
Credits:
Total Credits: Credits: 3   Lecture/Recitation/Discussion Hours:3
Prerequisite:
MTH 361 and STT 441
Recommended Background:
MTH 235 or MTH 340 or MTH 347H
Description:
Evaluate and construct interest rate models. Rational valuation of derivative securities using put-call parity and calculation of European and American options. Risk management techniques using the method of delta-hedging.
Interdepartmental With:
Mathematics
Administered By:
Mathematics
Effective Dates:
FS15 - US23

STT 458 Financial Mathematics for Actuaries

Semester:
Fall of every year
Credits:
Total Credits: Credits: 3   Lecture/Recitation/Discussion Hours:3
Prerequisite:
MTH 360 and STT 441 and FI 379
Recommended Background:
MTH 340 or MTH 347H
Description:
Evaluate and construct interest rate models. Rational valuation of derivative securities using put-call parity and calculation of European and American options. Risk management techniques using the method of delta-hedging.
Interdepartmental With:
Mathematics
Administered By:
Mathematics
Effective Dates:
FS13 - US15

STT 458 Financial Mathematics for Actuaries

Semester:
Fall of every year
Credits:
Total Credits: Credits: 3   Lecture/Recitation/Discussion Hours:3
Prerequisite:
MTH 360 and STT 441 and FI 379
Description:
Evaluate and construct interest rate models. Rational valuation of derivative securities using put-call parity and calculation of European and American options. Risk management techniques using the method of delta-hedging.
Interdepartmental With:
Mathematics
Administered By:
Mathematics
Effective Dates:
SS11 - US13