FINANCIAL MATHEMATICS

FINANCIAL MATHEMATICS

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iten
Code
60065
ACADEMIC YEAR
2019/2020
CREDITS
9 credits during the 2nd year of 8697 Business Administration (L-18) GENOVA

9 credits during the 2nd year of 8699 Economics (L-33) GENOVA

SCIENTIFIC DISCIPLINARY SECTOR
SECS-S/06
LANGUAGE
Italian
TEACHING LOCATION
GENOVA (Business Administration)
semester
1° Semester
sectioning
This unit is divided into 2 sections: A, B. This page refers to the section
Prerequisites
Teaching materials

OVERVIEW

Course description

The teaching proposes the study of financial transactions.

AIMS AND CONTENT

LEARNING OUTCOMES

The aim of the course is to provide formalization and mathematical modeling of financial transactions. In addition, with reference to random financial transactions, the course provides mathematical models and methods for some life-insurance contracts.

AIMS AND LEARNING OUTCOMES

The purpose of teaching is to use mathematical tools in the financial field, exploiting skills gained in general mathematics teaching, which is a propedeutic.

PREREQUISITES

Student must prove to have succesfully passed the final exam concerning Calculus (it. “Matematica Generale”). When the student wants to take the exam he must do the on-line registration.

 

Teaching methods

Traditional lectures supplemented by exercises.

The course is on aulaweb.

SYLLABUS/CONTENT

Theory of Financial Laws.  Decomposable financial lawas,  Uniform  financial laws. The regime of simple interest. The compound interest regime. The Exponential regime. The regime of simple discount.  The regime of rational discount. The regime of continuously compound discount.     Annuities.  Evaluation of annuities.        Amortizations. General loan amortization.    Divided loans. Coupon bonds. Zero coupon bonds. Evaluations.   Term structure.   Risks and insurance. Life insurance: modelling the lifetime. Life insurance: pricing. Insurance premiums

 

RECOMMENDED READING/BIBLIOGRAPHY

C. GOSIO, Matematica finanziaria classica, Bozzi, Genova 2013;

C. GOSIO - E. C. LARI,  Introduzione ad alcune operazioni finanziarie in condizioni di incertezza, 2010, disponibile su Aulaweb ;

E.C. LARI - M. RAVERA, MATEMATICA FINANZIARIA Esercizi, 2 /Ed- con MyLAb+Pearson e Text , Pearson Italia, Milano –Torino , 2017

TEACHERS AND EXAM BOARD

Ricevimento: Thursday  11am -  12am

Exam Board

CRISTINA LUIGIA GOSIO (President)

PIERPAOLO UBERTI

MARIA LAURA TORRENTE

MARINA RAVERA

ESTER CESARINA LARI

LESSONS

Teaching methods

Traditional lectures supplemented by exercises.

The course is on aulaweb.

LESSONS START

09.16.2019

 

ORARI

L'orario di tutti gli insegnamenti è consultabile su EasyAcademy.

Vedi anche:

FINANCIAL MATHEMATICS B

EXAMS

Exam description

Writing examination.

Assessment methods

The preparation of the student is assessed by a writing examination.

Exam schedule

Date Time Location Type Notes
10/09/2020 09:30 GENOVA Scritto

FURTHER INFORMATION

Attendance

Student must prove to have succesfully passed the final exam concerning Calculus (it. “Matematica Generale”). When the student wants to take the exam he must do the on-line registration.