What you will learn

How to perform calculations relating to the present value, current value, and accumulated value of cash flows, using rates of interest, rates of discount and the force of interest.
How to calculate the price of bonds with various features, develop loan and bond amortization tables, and perform calculations related to loan payments, balances, and refinancing.
General probability concepts including discrete and continuous random variables, expectations, variance, and distributions.
How to perform calculations concerning individual, joint, marginal, and conditional probability functions.
How to apply probability concepts to the valuation of insurance contracts.

Program Overview

Expert instruction

4 skill-building courses

Self-paced

Progress at your own speed

8 months

4 - 6 hours per week

$788.40

~~$876~~USD

For the full program experience

Courses in this program

WisconsinX's Actuarial Science: Financial Math and Probability Professional Certificate
Financial Math for Actuaries: From Rates to Annuities
Financial Math for Actuaries: From Loans to Bonds to Immunization
Probability for Actuaries: Introduction to Discrete Distributions
Probability for Actuaries: Continuous Distributions
Job Outlook

Faculty/Director, Risk & Insurance

The University of Wisconsin-Madison

Experts from WisconsinX committed to teaching online learning

$788.40

~~$876~~USD

4 courses in 8 months

I would like to receive email from WisconsinX and learn about other offerings related to Actuarial Science: Financial Math and Probability.

Drive your career forward with university-backed credit programs and verified certificates

Study and demonstrate knowledge on your schedule

Try a course before you pay

Learn with university partners and peers from around the world