ACTSC 631Financial Mathematics III

Units: 0.50
Level: Graduate
Faculty: Mathematics
Subject: Actuarial Science

ACTSC 631 as listed in the Spring 2026 Graduate Calendar. The main page has the current version, when it runs, and seats.

Binomial and lattice models for option pricing. Black-Scholes option pricing. Hedging option greeks. Exotic options. Term structure models including Vasicek, Cox-Ingersoll-Ross, Hull-White, Black-Derman-Toy. Interest rate options.

Prerequisites

Enrolled in Master of Actuarial Science (MActSc)

Antirequisites

None listed.

Leads to

No course lists it as a requisite.

Check it elsewhere for Spring 2026

Graduate Calendar, Spring 2026The archived entry
Requirements for Spring 2026Waterloo’s requisite checker
Schedule of Classes, Spring 2026Instructors, rooms, live seats
Quest Class SearchWhere you enrol
Course outlinesSyllabi from past terms (UW login)
UW FlowStudent ratings and reviews
WClassesPast sections back to 2004, and who taught them

Calendar versions

Graduate Calendar

Older Graduate Calendars

In 33 terms, Fall 2009 to Winter 2024