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Financial mathematics 282


 
Module code IAS 282
Qualification Undergraduate
Faculty Faculty of Natural and Agricultural Sciences
Module content

Generalised cash-flow model. The time value of money. Interest rates. Discounting and accumulating. Compound interest functions. Equations of value. Loan schedules. Project appraisal. Investments. Simple compound interest problems. The ''No Arbitrage'' assumption and forward contracts. Term structure of interest rates. Stochastic interest rate models.

Module credits 12.00
Service modules Faculty of Economic and Management Sciences
Prerequisites IAS 211 60%
Contact time 3 lectures per week, 1 practical per week
Language of tuition English
Academic organisation Actuarial Science
Period of presentation Semester 2

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