FINPIMA Finance and Insurance Mathematics A

School of Business Administration in Karvina
Winter 2008
Extent and Intensity
1/2/0. 3 credit(s). Type of Completion: z (credit).
Teacher(s)
RNDr. Jarmila Šlechtová (lecturer)
Guaranteed by
RNDr. Jarmila Šlechtová
Department of Finance and Accounting – School of Business Administration in Karvina
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives (in Czech)
The goal of the course is to explain the mathematical applications for a branch of finance. This course covers the operations which are connected with the possibilities to utilize the mathematics for a simple interest and a compound interest, savings, the calculations of rents, credits, calculations of the concurrently value for the stocks and the value bills, for a conversion of an available capital on foreign currency, for the forward transactions with the securities. The audience will be in a position to recognize how an actuary enters into an interaction with the mathematical economics, econometrics, mathematical and an economic statistics.
Syllabus (in Czech)
  • 1. History of a financial and actuary
    2. Fundamental conception of the financial and actuary
    3. Mathematical terms
    4. Simple interest
    5. Short - term securities
    6. Compound interest
    7. Rate of interest
    8. Saving
    9. Rents
    10. Time value of the finance
    11. Secular securities
    12. Risk in an actuary
    13. Financial and term progressions
Literature
    required literature
  • ETHERIDGE, E. A Course in Financial Calculus. Cambridge: UNIVERSITY PRESS, 2002. ISBN 0-521-89077-2. info
  • Elliott, R. J., Kopp, P. E. Mathematics of Financial Markets. New York: Springer Verlag, 2001. ISBN 0-380-98553-0. info
    recommended literature
  • BAXTER, M., RENNIE, A. Financial Calculus: An Introdaction to Derivate Pricing. Cambridge: UNIVERSITY PRESS, 1996. ISBN 0-521-55289-3. info
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
The course is also listed under the following terms Winter 2007, Winter 2009, Winter 2010, Winter 2011, Winter 2012, Winter 2013.
  • Enrolment Statistics (Winter 2008, recent)
  • Permalink: https://is.slu.cz/course/opf/winter2008/FINPIMA