OVERVIEW

The teaching unit covers the study of financial transactions under conditions of certainty, with some reference to situations of uncertainty. Within the overall curriculum, this subject serves as a foundation for the analysis and evaluation of cash flows and financial operations.

AIMS AND CONTENT

LEARNING OUTCOMES

The course aims to provide formalization and mathematical modeling of financial transactions, that is, exchange transactions involving amounts of monetary amounts due at different maturities.

AIMS AND LEARNING OUTCOMES

At the end of the teaching unit, the student will be able to:
- Apply mathematical tools to solve standard financial problems (e.g., cash flow evaluation) using the skills acquired in General Mathematics.
- Analyze and understand financial problems, identifying the most appropriate mathematical tools for their solution, in contexts of certainty and with reference to uncertainty.
- Independently evaluate proposed solutions to financial problems, justifying the choices made both conceptually and operationally.
- Communicate clearly and precisely, using the technical language of the discipline, the results of financial analyses to both specialist and non-specialist audiences.
- Continue to deepen their knowledge of the subject autonomously, including in professional contexts.

PREREQUISITES

To address the contents of the teaching unit, students must possess all the knowledge provided by the General Mathematics teaching unit.

TEACHING METHODS

Students with disabilities, SLD or SEN

Students with disabilities, with SLD or with SEN are reminded that, to request exam accommodations, they must first upload their certification to the University website at servizionline.unige.it<https://servizionline.unige.it/>, in the “Students” section. The documentation will be checked by the University’s Services for the Inclusion of Students with Disabilities and with SLD.

At the beginning of the course, students are advised to contact the lecturer to agree on exam arrangements which, while respecting the learning objectives of the course, take individual learning needs into account.

To request compensatory tools or dispensatory measures, students with disabilities or SLD must fill in the dedicated Webform available athttps://unige.it/disabilita-dsa, at least 7 working days before the exam.

Students with SEN may instead send their request by e-mail to the lecturer, copying the Department Representative, Prof. Elena Lagomarsino, atinclusione.economia@unige.it<mailto:inclusione.economia@unige.it>, and the Inclusion Office atinclusione.studenti@info.unige.it<mailto:inclusione.studenti@info.unige.it>.

Requests from students will be assessed by the lecturer and may be approved or rejected.

SYLLABUS/CONTENT

Theory of financial laws. Financial laws and interest rates. Capitalization regimes. Discount rates, present values and discounted values. Certain annuities and their evaluation. Loan amortization: amortization payments, principal and interest components. Coupon and zero-coupon bonds. Term structure of interest rates.

RECOMMENDED READING/BIBLIOGRAPHY

Specific information on the reference bibliography will be provided by the instructor at the beginning of the lessons and published on Aulaweb.

TEACHERS AND EXAM BOARD

LESSONS

LESSONS START

First Semester (from September, 2026).

Class schedule

The timetable for this course is available here: Portale EasyAcademy

EXAMS

EXAM DESCRIPTION

The exam is oral and includes exercises and/or theoretical questions covering the entire syllabus.

ASSESSMENT METHODS

FURTHER INFORMATION

Prerequisites: to take the Financial Mathematics exam, students must have passed and registered the General Mathematics exam.
Requirements: to take the exam, students must register for the exam through the Online Services within the established deadlines.
Note: the same information applies to non-attending students.