Financial Mathematics Concentration

The Concentration in Financial Mathematics provides students majoring in Applied Mathematics with the fundamentals of risk and financial modeling. Additionally, students will be well-prepared to take the first two Society of Actuaries (SOA) exams: Exam P, Probability and Exam FM, Financial Math. To earn a concentration in Financial Mathematics Applied Mathematics students must complete a total of sixteen (16) credits, which may also satisfy the sixteen (16) credits of required Technical Electives for Applied Mathematics majors. Non-majors will also be required to complete the three (3) pre-requisite courses (12 credits) prior to entering the required course sequence for the Concentration in Financial Mathematics

Pre-requisite Courses

Course Title Credits
MATH1750ENGINEERING CALCULUS I4
or MATH1775 INTEGRATED ENGINEERING CALCULUS I
MATH1850ENGINEERING CALCULUS II4
or MATH1875 INTEGRATED ENGINEERING CALCULUS II
MATH2100PROBABILITY & STATISTICS FOR ENGINEERS4
Total Credits12

Core Requirements

Course Title Credits
MATH1950FINANCIAL MATHEMATICS4
MATH2250TIME SERIES4
MATH4475ACTUARIAL MATHEMATICS4
Select one of the following:4
ECON4102PRINCIPLES OF ECONOMICS4
ECON4152MACROECONOMICS4
ECON4154MICROECONOMICS4