CODE 60065 ACADEMIC YEAR 2024/2025 CREDITS 9 cfu anno 2 ECONOMIA AZIENDALE 8697 (L-18) - GENOVA 9 cfu anno 2 SCIENZE ECONOMICHE E FINANZIARIE 11662 (L-33) - GENOVA 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: Business Administration 8697 (coorte 2023/2024) CALCULUS FOR UNDERGRADUATED STUDENTS. 41138 A CALCULUS FOR UNDERGRADUATED STUDENTS. 41138 B CALCULUS FOR UNDERGRADUATED STUDENTS. 41138 C Economics 8699 (coorte 2023/2024) CALCULUS FOR UNDERGRADUATED STUDENTS. 41138 2023 Propedeuticità in uscita Questo insegnamento è propedeutico per gli insegnamenti: Business Administration 8697 (coorte 2023/2024) FINANCIAL MARKETS AND INSTITUTIONS 66704 B FINANCIAL MARKETS AND INSTITUTIONS 66704 A Economics 8699 (coorte 2023/2024) FINANCIAL MARKETS AND INSTITUTIONS 59845 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 MARINA RESTA Ricevimento: Office hours will be provided by the instructor directly during the lessons in the winter semester. The instructor can be always contacted by email at the address: marinaDOTrestaATunigeDOTit 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)