ASRM 409

Spring 2022 All Classes

All Classes
Stochastic Processes for Finance and Insurance

Credit: 3 OR 4 hours.

An introduction to stochastic processes and their applications to finance and insurance. Topics include conditional probability, conditional expectation, Markov chains, Poisson processes, reliability theory, Brownian motion and elementary introductions to insurance risk theory and option pricing theory.

3 or 4 undergraduate hours. 3 or 4 graduate hours. Prerequisite: ASRM 401 (formerly MATH 408) or MATH 461.

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ASRM 409 class schedule data for spring 2022
CRN Type Section Time Day Location Instructor Section Details
69393
Online
GR
11:00AM -12:20PM
TR
n.a.
Cole, P
Part of Term:
1
Date Range:
01/18/22-05/04/22
Credit:
4 hours
Restriction(s):
Restricted to Graduate - Urbana-Champaign. Restricted to MS:Applied Mathematics -UIUC, MS:App Mth-Actuarial Sci -UIUC, MS:Mathematics -UIUC, or MS: Actuarial Science - UIUC.
68701
Online
UG
11:00AM -12:20PM
TR
n.a.
Cole, P
Part of Term:
1
Date Range:
01/18/22-05/04/22
Credit:
3 hours
Section Info:
Students interested in a transfer to actuarial science should see the On-campus transfer information at go.illinois.edu/actsci
Restriction(s):
Restricted to Actuarial Science major(s).
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