OVERVIEW

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 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

Classes lead the students to the use of the mathematical methods (learned by attending Matematica Generale which is a compulsory class) in finance. Students will learn to:  
- acquire proper knowledge of financial problems and how to solve them by using mathematical methods;

- autonomously evaluate problems and solve them by mathematical tools, varying the application context;

- acquire a proper technical language to manage financial problems

PREREQUISITES

Basis knowledge of mathematics, as acquired by attending (and succesfully passing) the class "Matematica Generale".

TEACHING METHODS

Lessons held by the instructor.

SYLLABUS/CONTENT

Part I: Theory of financial laws.

Parte II: Annuities.

Parte III: Amortisation and capital constitution.

Parte IV: Bonds.

Parte V: Term structure of interest rates.

Parte VI: Financial issues in a stochastic envinroment.

RECOMMENDED READING/BIBLIOGRAPHY

Texts and other materials will be indicated on Aulaweb.

TEACHERS AND EXAM BOARD

Exam Board

MARINA RESTA (President)

ESTER CESARINA LARI

MARINA RAVERA

LESSONS

LESSONS START

1st semester

Class schedule

The timetable for this course is available here: Portale EasyAcademy

EXAMS

EXAM DESCRIPTION

The exam is organized in a set of questions both theoretical and practical.

ASSESSMENT METHODS

The examination is aimed at verifying whether the student is able to manage essential concept of financial mathematics both from the practical and theoretical viewpoint.

Exam schedule