STAT 5318 - Mathematical Foundations of Risk and Uncertainty

Credits: 3 Class: 3 Lab: 0
Crosslisted: MATH 5318
Prerequisite(s): A grade of C or better in Math 3318 and graduate standing; or department approval.
This course covers advanced methods of financial mathematics used to compute and analyze present and future values, cash flow streams, and forward rates of interest related to valuation, investment income, and budgeting. Basic knowledge of calculus and probability is required.