Curricula

Description

K1281LI	Financial Mathematics (4 cr)
Prerequisites	Basics of Financial Mathematics.
Objectives	Calculating compound interest, recurring deposits and their applications. Investment calculations and financing methods.
Content	Students understand the difference between simple interest and compound interest calculation. Students can calculate compound interest and its applications. They examine various financing options and feasibility comparisons between the options. Students are able to do investment calculations by using the present value method, the method of internal interest rate and annuity method. In addition, they can interpret results generated by different methods and make comparisons between them. Students know how to do loan calculations by means of various intallments of a loan, compare and analyse the results. They understand the purpose and significance of effective interest rate in financial statements. They can apply and make use of spreadsheet programme in financial mathematics.
Recommended optional programme components	If necessary, the student advisor will recommend optional programme components for each student based on their individual study plan.
Accomplishment methods	Not applicable
Execution methods	Not applicable
Materials	Not applicable
Literature	Not applicable
Evaluation Criteria	0-5
Evaluation Criteria
Assessment Frameworks	Not applicable
Further Information	Not applicable.
Responsible persons	Not applicable
Links	Not applicable

17.5.2024 08:10:07