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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 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.

Financial Math for Actuaries: From Rates to Annuities
6 weeks
4–6 hours per week
Self-paced
Progress at your own speed
Free
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There is one session available:

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Starts Apr 26
Ends Oct 3
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Financial Math for Actuaries: From Rates to Annuities

About this course

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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:Time Value Of Money, Annuities, Mathematical Finance, Cash Flows, Actuarial Exams

What you'll learn

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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

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Free

Price

$309 USD

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Expires on Jun 7

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