Financial Mathematics
| Structure Type: | Study unit |
|---|---|
| Code: | TLP0502 |
| Type: | Compulsory / Basic Studies |
| Curriculum: | LT 2015 |
| Level: | Bachelor of Business Administration |
| Year of Study: | 2 (2016-2017) |
| Credits: | 3 cr |
| Responsible Teacher: | Ranta, Mikko |
| Language of Instruction: | Finnish |
Learning Outcomes
The student will be able to understand and solve problems about currencies and indices. The student will be able to solve problems in compund interest, credit calculations and investment calculations.
Student's Workload
Total work load of the course: 81 h
- of which scheduled studies: 40 h
- of which autonomous studies: 41 h
Prerequisites / Recommended Optional Courses
Mathematics and Business
Contents
compund interest, credit calculations, investment calculations, basics of securities
Recommended or Required Reading and Other Learning Resources/Tools
- Lecture notes
Mode of Delivery / Planned Learning Activities and Teaching Methods
lectures and exercises
Assessment Criteria
5: Can utilise theories, concepts and methods of financial mathematics consistently in various situations. Can write to a restricted target group about theories, concepts and methods of financial mathematics. Can discuss the issues and phenomena in financial mathematics with a restricted target group.
3: Can utilize the essential concepts of financial mathematics in single situations and assignments and understand the theories on which the assignments are based. Can discuss the essential issues in financial mathematics with a restricted target group. Can produce written and oral basic information of financial mathematics.
1: Can recognise and understand the essential theories, principles and methods of financial mathematics. Can document essential phenomena of financial mathematics and communicate about the essential issues of the field.
Assessment Methods
Exam (80%), exercises (20%). Numerical 1-5.