ASRM 409

Fall 2025 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.

ASRM 409 class schedule data for fall 2025
CRN Type Section Time Day Location Instructor Section Details
80500
Lecture
G
12:00PM -1:20PM
MW
149 Henry Administration Bldg
Mohamed Khalid Hamid, Y
Part of Term:
1
Date Range:
08/25/25-12/10/25
Credit:
4 hours
Restriction(s):
Restricted to Graduate - Urbana-Champaign. Restricted to MS: Actuarial Science - UIUC or MS:PA Risk Mgmt - UIUC.
80499
Lecture
UG
12:00PM -1:20PM
MW
149 Henry Administration Bldg
Mohamed Khalid Hamid, Y
Part of Term:
1
Date Range:
08/25/25-12/10/25
Credit:
3 hours
Restriction(s):
Not intended for Actuarial Science major(s). Restricted to Undergrad - Urbana-Champaign.
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