MATH 160-003 INTRO TO APPLIED CALCULUS Introductory study of differential and integral calculus with emphasis on techniques and applications. For students in the biological, management, social and behavioral sciences. Prerequisite: High school Algebra II and plane geometry. Three hours per week. Meets General Education IVB or IVC (Prior to Fall 2008: IIIB or IIIC).
MATH 215-001 INTRO TO FINANCIAL MATH An introduction to basic financial mathematics focusing on equivalent rates of interest and their use in discounted cashflow analysis. Topics include: annuities, loans, projects, bonds, duration and convexity, the yield curve, and the fundamentals of financial derivatives such as European call and put options. Prerequisite: MATH 160 or equivalent. Four hours per week.
MATH 385-001 DIRECTED STUDY For students who desire to pursue a special topic in mathematics not covered in the current curriculum. Under most circumstances students will take this course for three credit hours. This course may be repeated under different subtitles but only a total of four credit hours from MATH 385 and/or COSC 385 may be used toward a major or minor. Prerequisite: Consent of instructor and chair of the Department of Mathematics and Computer Science. One to four hours per week.
MATH 415-001 ACTUARIAL & FINANCIAL MODELS An introduction to models of survival, individual life insurance, and life annuities emphasizing the traditional actuarial functions of determining premiums and reserves from a stochastic point of view. Topics include: multiple life theory, models with expenses, stochastic processes, and the use of binomial models, geometric Brownian motion, and simulation in the study of option pricing. Prerequisites: MATH 215 and MATH 413. Four hours per week.