OPF:FIUBKFPM Finance and Insurance Mathemat - Course Information

FIUBKFPM Finance and Insurance Mathematics

Extent and Intensity

12/0/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Roman Hlawiczka, Ph.D. (lecturer)

Guaranteed by

Ing. Roman Hlawiczka, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina
Contact Person: Ing. Irena Szarowská, Ph.D., MPA

Timetable

Sat 14. 10. 13:55–15:30 A217, Fri 10. 11. 15:30–17:10 A217, Fri 8. 12. 15:30–17:10 A217

Prerequisites

FAKULTA(OPF) && TYP_STUDIA(B) && FORMA(K)
None

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 30 student(s).
Current registration and enrolment status: enrolled: 14/30, only registered: 0/30

fields of study / plans the course is directly associated with

• Banking, Finance, Insurance (programme OPF, B_BPP)
• Marketing and Management (programme OPF, B_EKOMAN, specialization Corporate Finance)
• Business Economics and Management (programme OPF, B_EKOMAN, specialization Corporate Finance)

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.

Learning outcomes

Upon completion of the course, the student will know the basic calculations of financial and insurance mathematics. In particular, the student will be familiar with present and future value calculations, calculations of savings, interest, pensions, and valuation of basic securities.

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

required literature
• RADOVÁ, J., DVOŘÁK, P., MÁLEK, J. Finanční matematika pro každého. Praha : GRADA Publishing, 2009. ISBN 978-80-247-3291-6. info
• CIPRA, T. Praktický průvodce finanční a pojistnou matematikou. Praha: Ekopress, 2005. ISBN 80-86119-91-2. info

recommended literature
• CAPINSKI, M., ZASTAWNIAK, T. Mathematics for Finance: An Introduction to Financial Engineering. Berlin, 2010. ISBN 978-0857290816. info
• CIPRA, T. Pojistná matematika: teorie a praxe. Praha: EKOPRESS, 2006. ISBN 80-86929-11-6. info
• RADOVÁ, J., CHÝNA, V., MÁLEK, J. Finanční matematika v příkladech. Praha: Professional Publishing,, 2005. ISBN 80-86419-97-5. info
• SEKERKA, B. Matematické a statistické metody ve financování, cenných papírech a pojištění. Praha: Profess consulting, 2002. ISBN 80-7259-031-5. info

not specified
• ŠLECHTOVÁ, J. Finanční a pojistná matematika. Karviná SU OPF, 2005. ISBN 80-7248-336-6. info

Teaching methods

Skills demonstration
Seminar classes

Assessment methods

Written exam

Language of instruction

Czech

Further comments (probably available only in Czech)

Study Materials
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: Přednáška 12 HOD/SEM.

Teacher's information

Activity	Difficulty [h]
Ostatní studijní zátěž	76
Přednáška	13
Seminář	26
Zápočet	30
Summary	145

• Enrolment Statistics (Winter 2023, recent)
  
• Permalink: https://is.slu.cz/course/opf/winter2023/FIUBKFPM