FIUBAFMP Finance and Insurance Mathematics

School of Business Administration in Karvina
Winter 2016
Extent and Intensity
1/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Iveta Palečková, Ph.D. (lecturer)
doc. Ing. Iveta Palečková, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Iveta Palečková, 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
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
Literature
    recommended literature
  • CAPINSKI, M., ZASTAWNIAK, T. Mathematics for Finance: An Introduction to Financial Engineering. Berlin, 2010. ISBN 978-0857290816. info
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%, 2 ongoing test.
ActivityDifficulty [h]
Ostatní studijní zátěž66
Přednáška13
Seminář26
Zkouška40
Summary145
The course is also listed under the following terms Winter 2017, Winter 2018.
  • Enrolment Statistics (Winter 2016, recent)
  • Permalink: https://is.slu.cz/course/opf/winter2016/FIUBAFMP