Course: Financial Mathematics 1

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Course title Financial Mathematics 1
Course code KMA/FIM1
Organizational form of instruction Lecture + Exercise
Level of course Bachelor
Year of study not specified
Semester Summer
Number of ECTS credits 3
Language of instruction Czech
Status of course Compulsory, Compulsory-optional, Optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Bohanesová Eva, Mgr. Ph.D.
Course content
1. Introduction to Financial Mathematics; Simple interest 2. Applications of simple interest. 3. Simple discount and its applications. 4. Compound interest. 5. Cash flow systems, evaluation of investments. 6. Annuities and perpetuities. 7. Debt amortization methods. 8. Bonds. 9. Stocks. 10. Exchange rate, forward contracts. 11. Futures, swap contracts, options. 12. Introduction to portfolio theory.

Learning activities and teaching methods
Lecture, Demonstration, Projection (static, dynamic)
  • Preparation for the Course Credit - 20 hours per semester
  • Preparation for the Exam - 40 hours per semester
  • Attendace - 39 hours per semester
Learning outcomes
To know principles and techniques of basic financial calculations
Comprehension, application To be able to use theoretical methods in solving practical problems of saving, investments, credits, securities, exchange rate, event. other bank products.
Prerequisites
Basic calculus (KMA/M1N).

Assessment methods and criteria
Student performance

Credit: the student has to pass the written test.
Recommended literature
  • Bohanesová, E. (2013). Finanční matematika. Olomouc: Univerzita Palackého v Olomouci.
  • E. Bohanesová. (2006). Finanční matematika I. Olomouc, PřF UP.
  • H. U. Gerber. (1995). Life Insurance Mathematics. Springer.
  • R. Ptáček, P. Borkovec, P. Toman. (2004). Finanční trhy - cvičení. Skriptum. Mendelova zemědělská a lesnická fakulta, Brno.
  • Radová, Dvořák. Finanční matematika pro každého. Grada.
  • T. Cipra. (1998). Praktický průvodce finanční a pojistnou matematikou. HZ, Praha.
  • T. Tepper, M. Kápl. (1994). Peníze a vy. Prospektrum Praha.


Study plans that include the course
Faculty Study plan (Version) Branch of study Category Recommended year of study Recommended semester
Faculty of Science Applied Statistics (2015) Mathematics courses 2 Summer
Faculty of Science Mathematics-Economics of Banking / Insurance Systems (1) Mathematics courses 2 Summer
Faculty of Science Applications of Mathematics in Economy (2015) Mathematics courses 1 Summer