MAT 280 - Financial Mathematics

Department: Mathematics

Description: Interest rates. Accumulation function. Annuities. Amortization schedules. Bonds and other securities. Amortization and depreciation. Yield curve. Duration, convexity, and immunization. Swaps.

Credit Hours: 3

Prerequisites: Grade of B or better in MAT 145 and 146

Current Offerings

For the most up-to-date course information, please check the registration system through your MyIllinoisState portal.

Fall 2025

001 - Lecture (Hybrid): T Th 12:35 PM - 1:50 PM , Multiple Instructors 3.00 hour(s) , Majors Only

Dates: 08/18/2025 - 12/06/2025

Location: Adlai E. Stevenson Hall 324 (STV 324)

Instructor: Yufeng Guo Krzysztof Ostaszewski

Course Specification: Majors Only

Book Title

ISBN

Author

Edition

Publisher

MSRP

Notes

Mathematics of Investment & Credit 8th edition (Required)

ISBN9798890160164

AuthorS.A Broverman

Edition8th Edition

PublisherActex

MSRP $141.00

Spring 2026

001 - Lecture (Hybrid): Multiple Meetings, Clara Wang - 3.00 hour(s) , Majors Only

Meeting Times:

01/12/2026 - 05/02/2026 : TBD TBD - Hybrid Class (HYBRID )
01/12/2026 - 05/02/2026 : T Th 8:00 AM - 9:15 AM - Adlai E. Stevenson Hall 310 (STV 310)

Instructor: Clara Wang

Course Specification: Majors Only

Class Notes: This course is primarily in-person, but some class meetings will be synchronous online. Dates of online classes will be communicated by the instructor.

Textbooks have not been finalized for section.