Course Code ACTSC 231
Course Title Introductory Financial Mathematics
Online Offers
  • Fall 2021 (tentative) (Instructor: TBA)
  • Fall 2021 (tentative) (Instructor: Keith Freeland)
Course Location Online
Credit Weight 0.5
Course Description

The theory of rates of interest and discount including the theoretical continuous case of forces of interest and discount. Annuities and sinking funds, including the continuous case. Practical and theoretical applications primarily to mortgages and bonds. Yield rates. [Offered: F,W,S]

Typical terms may not reflect online offerings.

Course Work and Exam Spring 2021 course outline (note 2)
  • Prerequisite: MATH 137 or 147 and (STAT 220 with a grade of at least 70% or a
  • Corequisiteuisite of STAT 230 or 240); Level at least 2A; Not open to students who have received credit for ACTSC 232.
  • Antirequisite: ACTSC 221
  • Software: Some course components are not supported in Microsoft Edge.
System Requirements
  • A computer with Internet access is required for all online and multimodal courses. Please see the System Requirements.
Taught in English
How to Register:
Waterloo Students
Enrol In, Drop, and Swap Classes Online
How to Register:
Non-Waterloo Students
How to Apply - Prospective Students
Fees Tuition Fees, Financial Aid, Scholarships, and Awards

  1. The Undergraduate Calendar and the Graduate Calendar are the official source for information about course details. Quest is the official source for Undergraduate and Graduate Schedule of Classes information. The offerings indicated on this site are unofficial and subject to change daily. The course instructor will provide the official course requirements and expectations at the start of term.
  2. If available, the example of a recent course outline is provided for general information only. It gives an overview of the course from a recent offering but it is not the course outline for the current offer and is subject to change. If you are currently taking this course, the official course outline that applies to this offer is in your online course.
  3. Library Requirements: Please see the online library access and Waterloo ID card information.
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