FINANCIAL MATHEMATICS

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iten
Code
60065
2020/2021
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
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

Lectures and exercises.

Classes material is on Aulaweb.

SYLLABUS/CONTENT

Theory of Financial Laws.  Decomposable financial laws,  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

Books and classes materias will be indicated by the instructor during the lessons period.

TEACHERS AND EXAM BOARD

Ricevimento: Actually office hours are suspended. Further information will be given during the lessons time.

Exam Board

MARINA RESTA (President)

MARIA LAURA TORRENTE

MARINA RAVERA

ESTER CESARINA LARI

LESSONS

Teaching methods

Lectures and exercises.

Classes material is on Aulaweb.

LESSONS START

14 September 2020

EXAMS

Exam description

Final test.

Assessment methods

The preparation of the student is assessed by a final test.

Exam schedule

Date Time Location Type Notes
09/09/2021 09:30 GENOVA Scritto Prof.ssa Resta con accettazione online

FURTHER INFORMATION

 Attendance Students must prove to have succesfully passed Calculus (it. “Matematica Generale”). When the student wants to take the exam he/she must fill in the on-line registration form.