EdX

Actuarial Science: Financial Math for Actuaries, Part 1 (edX)

Offered by University of Wisconsin–Madison, WisconsinX,
Actuarial Science: Financial Math for Actuaries, Part 1 (edX)

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 one of a two course program intended to help students prepare for the SOA Exam FM and CAS Exam 2.

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

In preparation for SOA Exam FM / CAS Exam 2, the Financial Math for Actuaries, Part 1 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.

What you'll learn
Those enrolled in Financial Math for Actuaries, Part 1 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.
Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

Introduction à l’économétrie (edX) EdX
LouvainX,Université Catholique de Louvain - UCL

Introduction à l’économétrie (edX)

Economics & Finance Social Sciences

À partir d’études de cas en économie et finance, apprenez à construire des modèles pour améliorer vos facultés d’analyse et de prévision. L'analyse de données quantitatives est devenue aujourd'hui une pratique incontournable dans tous les métiers liés aux sciences sociales. Ces analyses sont utilisées pour comprendre des phénomènes économiques et financiers, décrire la nature de la relation entre des personnes, des objets ou des événements, ou encore anticiper les conséquences d’une décision.

Self Paced
Self-Paced
Finance Économétrie Économie
Details
Foundations of Finance (edX) EdX
University of Cambridge

Foundations of Finance (edX)

Economics & Finance

This course provides a rigorous, but straightforward, introduction to the key concepts of financial understanding. Using real-world case studies and practitioner interviews, as well as timely knowledge checks, you will integrate your new knowledge and problem solving skills with practical application. No prior knowledge is required or assumed.

Self Paced
Self-Paced
Finance Capital Money
Details
Forwards and Futures (edX) EdX
New York Institute of Finance

Forwards and Futures (edX)

Economics & Finance

Develop a comprehensive, practical understanding of forwards and futures including market conventions, contract specifications, valuation, and trading strategies. In this course – Forwards and Futures, the basic financial theories and concepts relevant to the topic will be discussed. The relationship between Forwards and Futures and the underlying security will also be explained. We'll also review concepts such as cost of carry, transportation, storage, and convenience factors that should be incorporated in the valuation of Forwards and Futures.

Self Paced
Self-Paced
Finance Markets Trading
Details
Accounting for Decision-Making (edX) EdX
Indian Institute of Management, Bangalore,IIMBx

Accounting for Decision-Making (edX)

Management & Leadership Economics & Finance

Learn how to read and interpret financial statements and manage costs to take informed business decisions. In order for a manager to effectively perform their role they must have an understanding of accounting information, as accounting systems generate information that is used by both internal and external stakeholders. Having a good understanding of accounting allows managers to communicate with the finance department, bankers, suppliers and even tax authorities.

Self Paced
Self-Paced
Finance Accounting Decision Making
Details
Public Debt Dynamics under Uncertainty (edX) EdX
International Monetary Fund - IMF,IMFx

Public Debt Dynamics under Uncertainty (edX)

Economics & Finance

This online course, presented jointly by the Institute for Capacity Development and the Fiscal Affairs Department, provides an overview of how to assess public debt dynamics under uncertainty. That is, the course discusses how to think about public debt projections when we acknowledge uncertainty about the key variables that underly debt projections (GDP growth, interest and exchange rates, and primary balances).

Self Paced
Self-Paced
Finance Economics Monte Carlo Method
Details
Finance for Everyone: Smart Tools for Decision-Making (edX) EdX
University of Michigan,MichiganX

Finance for Everyone: Smart Tools for Decision-Making (edX)

Management & Leadership Economics & Finance

In this introduction to finance course from Michigan learn to apply frameworks and smart tools for understanding and making everyday financial decisions. Want to learn how to think clearly about important financial decisions and improve your financial literacy? Finance for Everyone will showcase the beauty and power of finance. This introductory finance course will be a gateway into the world of finance and will examine multiple applications to apply to your everyday life. Join us to better understand how to apply frameworks and tools to make smart financial choices.

Self Paced
Self-Paced
Finance Decision Making TVM
Details
Introduction to Bookkeeping (edX) EdX
ACCA

Introduction to Bookkeeping (edX)

Management & Leadership Economics & Finance

Start learning at your own pace to get a qualification and a career in business and finance, with this introduction level course from ACCA-X. Interested in a career in accounting? Want to stand out from the crowd? Look no further, this is the place to start. As accounting is so integral to the successful running of a business, the Introduction to Bookkeeping course is designed to arm you with the fundamentals you need to grasp the basic concepts underpinning accounting.

Self Paced
Self-Paced
Finance Business Accounting
Details
Modelo de estimación de la brecha tributaria de IVA del RA-GAP (edX) EdX
International Monetary Fund - IMF,IMFx

Modelo de estimación de la brecha tributaria de IVA del RA-GAP (edX)

Economics & Finance

Aprenda a usar el modelo de estimación de la brecha tributaria de IVA que utiliza el Fondo Monetario Internacional. En este curso en línea aprenderá la teoría del modelo de estimación de la brecha tributaria del impuesto al valor agregado (IVA) del Programa de Análisis de Brechas en la Administración de Ingresos Públicos (PAB-AIP, o RA-GAP por sus siglas en inglés) del FMI, y también aprenderá a usar el modelo para elaborar sus propias estimaciones de la brecha tributaria de IVA.

Self Paced
Self-Paced
Finance Economics Spreadsheets
Details
Mercados de capital y participantes claves (edX) EdX
New York Institute of Finance,NYIF

Mercados de capital y participantes claves (edX)

Economics & Finance

Aprenda sobre mercados financieros globales, incluido la estructura y los tipos de los mercados de capital, y cómo identificar a los participantes claves y su impacto en el mercado. Este curso explora la interacción económica entre intermediarios financieros (financiamiento indirecto) y mercados (financiamiento directo) en la asignación de capital y la creación de oportunidades de inversión.

Self Paced
Self-Paced
Finance Financial Markets Capital Markets
Details
Introducción a Matemáticas para Finanzas y Negocios (edX) EdX
Tecnológico de Monterrey,TecdeMonterreyX

Introducción a Matemáticas para Finanzas y Negocios (edX)

Economics & Finance Sci: Mathematics

El objetivo del curso es entender como ciertos conceptos matemáticos se utilizan de forma recurrente para analizar problemas financieros y de negocios. En la primera parte del curso se analiza el caso de las funciones lineales donde se introduce el concepto de pendiente para cuantificar la dependencia entre las variables.

Self Paced
Self-Paced
Mathematics Matrices Financial Mathematics
Details