The Financial Modeling e-course builds on the knowledge gained in the Models for Financial Economics (MFE) course in both theoretical and practical ways. You'll see financial models in use, such as the modeling aspects of an annuity product. You'll also explore the model and interpret the results.
- Section 1: Module Overview
- Section 2: Options Embedded in Financial Products
- Section 3: Risks Inherent in Financial Products
- Section 4: Derivatives
- Section 5: Derivative Pricing-Theories and Models
- Section 6: Range of Outcomes-Projecting Results with Hedging
After you complete this e-course, you should be able to:
- Identify options embedded in financial products and the risks they pose.
- Describe derivative types and demonstrate their use in risk management.
- Explain basic risk mitigation methods.
- Apply the techniques of Monte Carlo simulation as it applies to financial risk models and option pricing.
- Identify and explain modeling products and their inherent risks.
- Analyze the outcomes of various events and situations that may affect an insurance product.
- Individuals engaged in the actuarial profession at any level looking to fulfill their CPD requirement.
- Other professionals interested in or impacted by important topics related to the actuarial field.
- This e-course is for professional development. It's not intended to substitute for any professionalism requirements for the ASA, CERA or FSA credentials. If you wish to register for an e-learning module to attain a designation, please visit the e-learning module Web page .
- Ultimately, it/s an actuary's responsibility to make a reasonable, good-faith determination of what continuing education opportunities will enhance his or her ability to practice in a desired field. For more information on continuing education requirements, visit soa.org/CE .