WisconsinX: Financial Math for Actuaries: From Rates to Annuities

Start your actuarial career! Study the time-value of money through learning about interest rates, the present and accumulated values of future payments, and the annuity valuation process. This actuarial science course covers foundational concepts tested on SOA Exam FM or CAS Exam 2. This course is part 1 of a 2-course program intended to help students prepare for the SOA Exam FM and CAS Exam 2.

About this course

6 weeks

4 – 6 hours per week

Self-paced

Progress at your own speed

Free

Optional upgrade available

In preparation for SOA Exam FM / CAS Exam 2, the Financial Math for Actuaries: From Rates to Annuities course will give you opportunities to better understand the time value of money through these learning activities:

Perform calculations relating to the present value, current value, and accumulated value of cash flows, using rates of interest, rates of discount and the force of interest.
Calculate the present value, current value, and accumulated value for sequences of non-contingent payments (annuities).
Reflect payment timing, longevity, and arithmetic/geometric payment changes in the annuity valuation process.

At a glance

Institution:WisconsinX
Subject:Economics & Finance
Level:Intermediate
Prerequisites:
A basic understanding of algebra, calc1 is strongly recommended to be successful in this program.

Language:English
Video Transcript:English
Associated skills:Actuarial Exams, Actuarial Science, Annuities, Cash Flows, Mathematical Finance, Time Value Of Money

What you'll learn

Those enrolled in Financial Math for Actuaries: From Rates to Annuities will learn:

To calculate the present value or accumulated value of payments using rates of interest, rates of discount and the force of interest.
To calculate the present value or accumulated value for sequences of non-contingent payments (annuities).
To reflect payment timing, longevity, and arithmetic/geometric payment changes in the annuity valuation process.

Ways to take this course

Choose your path when you enroll.

Enroll now

Starts Dec 11

Certificate

Free

Price

$219 USD

Access to course materials

Unlimited

Limited

Expires on Jan 22, 2025

World-class institutions and universities

edX support

Shareable certificate upon completion

Graded assignments and exams

Read our FAQsabout frequently asked questions on these tracks.

WisconsinX: Financial Math for Actuaries: From Rates to Annuities

About this course

At a glance

What you'll learn

About the instructors

Ways to take this course

Ways to take this course

Share this course

Interested in this course for your business or team?

WisconsinX: Financial Math for Actuaries: From Rates to Annuities

About this course

At a glance

About this course

What you'll learn

What you'll learn

About the instructors

Instructors

Ways to take this course

Ways to take this course

Ways to take this course

Share this course

Share this course

Interested in this course for your business or team?

edX For Business