UToronto Lecture   ACT460 3
Channel: CosmoLearning
Date: 24/05/2017

ACT 460 / STA 2502 – Stochastic Methods for Actuarial Science from the University of Toronto

Source: http://www.utstat.utoronto.ca/sjaimung/courses/sta2502/main.htm

Course Description: This course is an introduction to the stochastic models used in Finance and Actuarial Science. Students will be exposed to the basics of stochastic calculus, particularly focusing on Brownian motions and simple stochastic differential equations. The role that martingales play in the pricing of derivative instruments will be investigated. Some exotic equity derivative products will be explored together with stochastic models for interest rates.