uwloo

ACTSC 971Finance 2

Units
0.50
Level
Graduate
Faculty
Mathematics
Subject
Actuarial Science
Cross-listed
ACC 771

When it runs

  1. F24
  2. W25
  3. S25
  4. F25
  5. W26
  6. S26
  7. F26
  8. W27
  9. S27

Ran in 2 of the last 7 terms. Winter 2027: scheduled, 1 lecture section. Spring 2027: schedule not out yet.

The course discusses methods and tools for modeling of financial derivatives in the continuous-time setting. Both theory and practical applications are discussed. The first part covers methods of pricing and hedging of derivatives under different assumptions about the dynamics of the underlying economic factors. Topics normally include currency derivatives, American and exotic options, futures contracts, stochastic volatility models and mean-variance hedging. The second part deals with modeling and pricing of interest-rate products. Topics may include short interest rate models, the Heath-Jarrow-Morton Framework, and Libor and swap market models.

Prerequisites

None listed.

Antirequisites

None listed.

Leads to

No course lists it as a requisite.

Winter 2027 sections

Enrolment from UW Open Data, which can trail Quest by up to two days. Instructors and rooms: Schedule of Classes.
SectionClassEnrolledMeets
LEC 00158970 / 40TTh 10:00–11:20

Discussed on r/uwaterloo

4 posts and comments in 3 threads mention ACTSC 971, October 2016 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.

Spring 2020

Fall 2017

PSA: UWCourseLinker back up, disabled by default, call with [[course code]] 39 points, 31 comments

u/RayDWatson: “… [[ACTSC961]] [[ACTSC963]] [[ACTSC964]] [[ACTSC965]] [[ACTSC966]] [[ACTSC970]] [[ACTSC971]] [[ACTSC972]] [[ACTSC973]] [[ACTSC974]] [[ACTSC980]] [[ACTSC991]] [[ACTSC992]] [[ADMGT601]] [[ADMGT602]] [[ADMGT603]] [[ADMGT604]] [[ADMGT605]] [[ADMGT606]] [[AFM101]] [[AFM102]] [[AFM121]] …”

u/UWCourseLinker: “… ACTSC 965 - Extreme Value Theory ACTSC 966 - Aggregate Claims Models ACTSC 970 - Finance 1 ACTSC 971 - Finance 2 ACTSC 972 - Finance 3 ACTSC 973 - Portfolio Optimization ACTSC 974 - Financial Econometrics ACTSC 980 - Social Insurance ACTSC 991 - Topics in Actuarial Science ACTSC …”

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Fall 2016

[Serious] Why is Laurier calculus harder than waterloo? 13 points, 64 comments

“Laurier has a few calculus classes but I'm just going to be talking about the regular calculus (not the business one, ma 129). I will be comparing ma 103 (second half of 110) with math 127/137 at uw. …”

u/Huex3: “… If anything, I'm curious to knowing why uWaterloo does not have a STAT902/ACTSC970/971 equivalence for undergraduate students like Laurier does (MA351, 370, 470). …”

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Check it elsewhere for Fall 2026

Calendar versions

Graduate Calendar

Older Graduate Calendars

In 42 terms, Fall 2006 to Winter 2024