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CODE 60065
ACADEMIC YEAR 2024/2025
CREDITS
SCIENTIFIC DISCIPLINARY SECTOR SECS-S/06
LANGUAGE Italian
TEACHING LOCATION
  • GENOVA
SEMESTER 1° Semester
SECTIONING Questo insegnamento è diviso nelle seguenti frazioni:
  • A
  • B
  • PREREQUISITES
    Propedeuticità in ingresso
    Per sostenere l'esame di questo insegnamento è necessario aver sostenuto i seguenti esami:
    Propedeuticità in uscita
    Questo insegnamento è propedeutico per gli insegnamenti:
    TEACHING MATERIALS AULAWEB

    OVERVIEW

    The course presents topics in classical financial mathematics and actuarial mathematics.

    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 course aims to provide good level knowledge of classical financial mathematics and actuarial mathematics for life insurance.

    PREREQUISITES

    Basic knowledge of general mathematics is required.

    TEACHING METHODS

    Lessons and exercises held by an instructor.

    Students who have valid certification of physical or learning disabilities  and who wish to discuss possible accommodations or other circumstances regarding lectures, coursework and exams, should speak both with the instructor and with Professor Serena Scotto (scotto@economia.unige.it), the Department's disability liaison

    SYLLABUS/CONTENT

    Part I: Theory of financial laws.

    Part II: Discrete certain annuities and their valuation. Notes on continuous annuities and their evaluation.

    Part III: Undivided loan and creation of capital

    Part IV: Loans divided into securities. Part V: Term structure of interest rates.

    Part VI: Random financial operations. Notes on the choice between random financial operations. Some life insurance transactions.

    RECOMMENDED READING/BIBLIOGRAPHY

    Suggested readings will be presented on Aulaweb.

    TEACHERS AND EXAM BOARD

    Exam Board

    MARINA RESTA (President)

    ESTER CESARINA LARI

    MARINA RAVERA

    LESSONS

    LESSONS START

    I semester.

    Class schedule

    The timetable for this course is available here: Portale EasyAcademy

    EXAMS

    EXAM DESCRIPTION

    The exam will be oral including both theoretical questions and exercises.

    ASSESSMENT METHODS

    The student must be prepared for an oral test consisting of both theoretical questions and simple practical exercises that the applicant can eventually solve by means of a non-graphic calculator.

    Questions and exercises are assigned in such a way to cover all the program subjects. In detail, theoretical questions are aimed to evaluate the students' comprehension level of the taught subjects. On the other hand,  the exercises are thought to evaluate the students' capability  in applying the acquired competences.

    Further details about how to get ready for the exam, as well as about the required level of depth for each subject will be given during classes time.

    Exam schedule

    Data appello Orario Luogo Degree type Note
    07/01/2025 09:00 GENOVA Orale
    21/01/2025 09:00 GENOVA Orale
    04/02/2025 09:00 GENOVA Orale
    03/06/2025 09:00 GENOVA Orale
    17/06/2025 09:00 GENOVA Orale
    08/07/2025 09:00 GENOVA Orale
    09/09/2025 09:00 GENOVA Orale

    FURTHER INFORMATION

    Students must book the exam on the dedicated portal. The exam can be taken TWO times over three for every session (winter and summer)