Dec 30, 2025  
2025 - 2026 Undergraduate Catalog 
    
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2025 - 2026 Undergraduate Catalog
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ASM 231 - Mathematical Theory of Interest

3 Credit Hours
Actuaries focus on using math and statistics to evaluate risk and make strategic decisions. This course covers a range of topics relevant to actuaries, including measurement of interest rates, interest theory, and the pricing of bonds, mortgages, annuities, and other financial instruments. This course will also fully cover all content required by the Society of Actuaries Financial Mathematics (FM) Exam and its equivalents. (SP)
Prerequisite: MAT241 Calculus I (C or better)

Lecture Hours: 3
Spring Semester


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