Financial mathematics

This option aims to introduce the student to the basics of quantitative finance and actuarial science by introducing the modern deterministic and stochastic mathematical methods of market finance. The main topics relate to real-time assessment of financial assets and insurance products. Particular attention is devoted to numerical simulation methods.
Moreover, a student who chooses INMA2725, ACTU2020, ACTU2030, ACTU2070 and at least 15 credits from the complementary package in financial mathematics (see "elective courses") within the choice of elective courses will have direct access to the second year of the 120 Master’s in actuarial science.

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Mandatory Optional Courses not taught this academic year Periodic courses not taught this academic year Periodic courses taught this academic year Two year courses
Click on the course code to see detailed informations (objectives, methods, evaluation...)
						Year
						1	2
The student shall select from 15 to 20 credits among
LINMA2725	Financial mathematics	Pierre Devolder	30h + 22.5h	5credits	1q	x	x
LACTU2020	Fixed income mathematics	Pierre Devolder	30h + 15h	5credits	1q	x	x
LACTU2030	LIFE INSURANCE 1	Michel Denuit, Françoise Gilles, Françoise Gilles (supplée Michel Denuit)	30h + 15h	5credits	1q	x	x
LACTU2070	STOCHASTIC FINANCE 1	Pierre Devolder	30h	5credits	2q	x	x