OPF:FIUBAFPM Finance and Insurance Mathemat - Course Information
FIUBAFPM Finance and Insurance Mathematics
School of Business Administration in KarvinaWinter 2015
- Extent and Intensity
- 1/2/0. 5 credit(s). Type of Completion: z (credit).
- Teacher(s)
- doc. Ing. Petra Růčková, Ph.D. (lecturer)
doc. Ing. Petra Růčková, Ph.D. (seminar tutor) - Guaranteed by
- doc. Ing. Petra Růčková, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina
Contact Person: Ing. Irena Szarowská, Ph.D., MPA - Prerequisites
- None
- Course Enrolment Limitations
- The course is also offered to the students of the fields other than those the course is directly associated with.
- fields of study / plans the course is directly associated with
- Banking (programme OPF, B_HOSPOL)
- Course objectives
- The aim of this course is to familiarize students with mathematical applications in finance and insurance. The main operations are included in this course, namely operations related to the possibilities of using mathematics to simple and compound interest, savings, pension calculations, calculation of the present value of stocks and bonds, as well as the possibility of using mathematics in determining the amount of insurance in both life and non-life insurance, including the establishment of technical provisions. It is shown how financial and actuarial mathematics enters into interaction with mathematical economics, econometrics and mathematical and economic statistics
- Syllabus
- 1. Basic concepts of financial and actuarial
2. Simple interest
3. Short-term securities
4. Compound interest
5. Interest rates
6. Long-term securities
7. Saving
8. Pensions
9. Models recurring payments
10. Risk in financial mathematics
11. Life insurance
12. Non-life insurance
13. Health and pension insurance
- 1. Basic concepts of financial and actuarial
- Literature
- required literature
- OLIVIERI, A., PITACCO, E. Introduction to Insurance Mathematics. Technical and Financial Features of Risk Transfers. Berlin, 2011. ISBN 978-3-642-16029-5. info
- CAPINSKI, M., ZASTAWNIAK, T. Mathematics for Finance: An Introduction to Financial Engineering. Berlin, 2010. ISBN 978-0857290816. info
- REJDA, G.E. Principles of Risk Management and Insurance. New Jersey, 2010. ISBN 978-0136117025. info
- HAEUSSLER, E.F, PAUL, R.S., WOOD, R.J. Introductory mathematical analysis for business, economics, and the life and social sciences. Upper Saddle River, 2008. ISBN 978-0-13-242435-6. info
- Teaching methods
- Skills demonstration
Seminar classes - Assessment methods
- Written exam
- Language of instruction
- English
- Further comments (probably available only in Czech)
- The course can also be completed outside the examination period.
- Teacher's information
- Attendance in seminars 25%, 2x ongoing test, course credit test
Activity Difficulty [h] Ostatní studijní zátěž 76 Přednáška 13 Seminář 26 Zápočet 30 Summary 145
- Enrolment Statistics (Winter 2015, recent)
- Permalink: https://is.slu.cz/course/opf/winter2015/FIUBAFPM