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Detailed Course Information


Spring 2023
Mar 21, 2023
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MATH 351 - Mathematics of Finance
Mathematical theory of compound interest, force of interest, determinants of interest rates, annuities, equations of value, yield rates, amortization, sinking funds, bonds, duration, convexity, immunization, cash flow matching and interest rate swaps. Prerequisite: C- or better in MATH 165 and MATH 251, or permission of the department chairperson. Prerequisite or parallel: MATH 166.
3.000 Credit hours
3.000 Lecture hours

Levels: Undergraduate
Schedule Types: Lecture, Immersive Learning, Undergraduate Research, Study Abroad, Societal Issue/Global Chal

Mathematical Sciences Department

Must be enrolled in one of the following Levels:     

Undergraduate level MATH 165 Minimum Grade of C- and Undergraduate level MATH 251 Minimum Grade of C- and Undergraduate level MATH 166 Minimum Grade of C-

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