Enrollment year
2015/2016
Academic discipline
SECS-S/06 (MATHEMATICS FOR ECONOMICS, ACTUARIAL STUDIES AND FINANCE)
Department
DEPARTMENT OF ECONOMICS AND MANAGEMENT
Course
BUSINESS MANAGEMENT
Curriculum
PERCORSO COMUNE
Period
(26/09/2016 - 22/12/2016)
Lesson hours
66 lesson hours
Activity type
WRITTEN TEST
Prerequisites
No specific prerequisite is needed. Nonetheless, familiarity with the basic concepts of Calcus and Statistics will be helpful.
Learning outcomes
The course aims at introducing the analytical tools to formalize, evaluate and manage economic and financial problems. Its main purpose is to provide a grounding in financial mathematics and to assess financial transaction as well as to measure their risk. The course will also provide some practical lectures on the use of specific software, such as Excel.
Course contents
Complete syllabus (9 ECTS)
- The basic rules for financial compounding
- Interest rate: definition and meaning
- Sequences and series: definition and basic properties, examples
- Annuities and financial flows
- Redemption plan for indebtedness, with several applications
- Valuation and management of fixed income securities
- Term structure of interest rates
- Introduction to immunization techniques
Teaching methods
Theoretical lectures and laboratory with Excel
Mid-term assessment
Reccomended or required readings
M.E. De Giuli, M.A. Maggi, F.M. Paris, Lezioni di Matematica Finanziaria e Attuariale (II ed.), Giappichelli, 2014.
Assessment methods
Written assessment
Further information
The course material as well as further information are available at http//elearning1.unipv.it/economia/
Sustainable development goals - Agenda 2030
Università di Pavia - Offerta formativa