This course introduces key concepts of financial mathematics and financial instruments with an emphasis on applications in the actuarial field. It is intended to prepare students for Exam 2/FM - Financial Mathematics, which is jointly sponsored and administered by the Society of Actuaries and the Casualty Actuarial Society. There will be two exams of equal weight: Midterm and Final. Attendance is not mandatory for non-exam days but will affect participation score.

Note: Exam 1/P is NOT a prerequisite to Exam 2/FM. Actuarial exams can be taken in any order to receive credit.

This DeCal is hosted by Cal Actuarial League, a UC Berkeley registered student organization. If you would like to learn more or join Cal Actuarial League, please join our mailing list for more announcements about our events: https://forms.gle/jHCSJECsq4FWzdDx8

Enrollment is on a first come, first served basis. In the past, enrollment details were given out on the first day of class. However, since our first class (September 17) is after the add/drop deadline without a fee (September 13), please be sure to enroll in the course before the first day of class. CCN is listed below. Thanks!