The objective of this major is to introduce students to quantitative financial techniques and actuarial sciences by presenting deterministic and stochastic mathematical methods used in financial markets. The main subjects covered deal with the evaluation of financial assets and insurance products in continuous-time. Special attention is paid to numerical simulation methods. In addition, students taking INMA2725, ACTU2020, ACTU2030, ACTU2070 and at least 15 credits from the complementary module in financial mathematics (see the section on “elective courses”) as part of their elective courses are automatically admitted to the second year of the Master’s degree programme (120) in actuarial sciences.
The student shall select
|De 15 à 20 CREDITS parmi|
|LINMA2725||Financial mathematics||Pierre Devolder||30h+22.5h||5 credits||1q||x||x|
|LACTU2020||Fixed income mathematics||Pierre Devolder||30h+15h||5 credits||1q||x||x|
|LACTU2030||LIFE INSURANCE 1||Pierre Devolder , Françoise Gilles (compensates Donatien Hainaut) , Donatien Hainaut||30h+15h||5 credits||1q||x||x|
|LACTU2070||STOCHASTIC FINANCE 1||Donatien Hainaut||30h||5 credits||2q||x||x|