Coursera Flash Sale
40% Off Coursera Plus for 3 Months!
Grab it
Prepare for the Society of Actuaries Exam FM (Financial Mathematics) with this comprehensive video series covering essential actuarial concepts across four main modules. Master the time value of money fundamentals including accumulation functions, simple versus compound interest, nominal and effective interest rates, and the force of interest with practical examples. Explore annuity calculations through definitions, terminology, notation, and various types including continuous, geometric, and arithmetic annuities and perpetuities. Develop expertise in loan analysis covering notation, terminology, balance calculations, principal repayments, and amortization schedules with level payments. Study bond valuation principles including notation, terminology, basic facts, par value calculations, and callable bond features. Advance to complex financial mathematics topics such as inflation adjustments, duration calculations for asset portfolios, Macaulay duration, convexity measures, immunization strategies, spot and forward rate relationships, and swap agreements including deferred swaps. Each concept is reinforced with worked examples and practical applications relevant to actuarial practice, though note that this playlist is currently incomplete and additional resources are available through AnalystPrep's complete course offerings.
