ACT245H1: Financial Principles for Actuarial Science I

Hours

24L/12T

Term structure of interest rates, cashflow duration, convexity and immunization, forward and futures contracts, interest rate swaps, introduction to investment derivatives and hedging strategies.

Prerequisite
ACT240H1, MAT137Y1 (minimum grade 63%)/MAT157Y1 (minimum grade 60%)
Distribution Requirements
Science
Breadth Requirements
The Physical and Mathematical Universes (5)