Actuarial Mathematics II (ACTU461)

Introduction to derivatives markets. This includes equities, bonds, options, forwards, futures contracts as well as put-call parity, European put and call options, analysis the arbitrage opportunities, and going through their dealer, over-the-counter, and exchange environment, contracts curves which are derived from cash instruments.

Participation in this course does not guarantee a student will pass the MFE-SOA exam but this course provides a good start in preparing students towards that goal.