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.