Academic Calendar - 2026
Western University Academic Calendar. - 2026
Actuarial Science 2053
MATHEMATICS FOR FINANCIAL ANALYSIS
Simple and compound interest, annuities, amortization, sinking funds, bonds, bond duration, depreciation, capital budgeting, probability, mortality tables, life annuities, life insurance, net premiums and expenses. Cannot be taken for credit in any module in Statistics or Actuarial Science, Financial Modelling or Statistics, other than the minor in Applied Financial Modeling.
Antirequisite(s): Actuarial Science 2553A/B.
Prerequisite(s): 1.0 course or two 0.5 courses at the 1000 level or higher from Applied Mathematics, Calculus, Mathematics, or Numerical and Mathematical Methods.
Extra Information: 3 lecture hours.
Course Weight: 1.00
Breadth: CATEGORY C i
Subject Code: ACTURSCI
This course is also offered at:
Actuarial Science 2052A/B - APPLIED FINANCIAL MATHEMATICS
Actuarial Science 2553A/B - MATHEMATICS OF FINANCE
Huron University College | Management and Organizational Studies (BMOS Program) - Faculty of Arts and Social Science | HONOURS SPECIALIZATION IN FINANCE AND ADMINISTRATION
Huron University College | Management and Organizational Studies (BMOS Program) - Faculty of Arts and Social Science | SPECIALIZATION IN FINANCE AND ADMINISTRATION
Faculty of Science | Statistical and Actuarial Sciences | MINOR IN APPLIED FINANCIAL MODELLING
Faculty of Social Science | Geography and Environment | HONOURS SPECIALIZATION IN URBAN DEVELOPMENT/HBA