Financial mathematics 282

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

Principles of actuarial modelling, cash-flow models, the time value of money, interest rates, discounting and accumulating, level annuities, deferred and increasing annuities, equations of value, loan schedules, project appraisal, elementary compound interest problems, term structure of interest rates.

Module credits 12.00
NQF Level 06
Service modules Faculty of Economic and Management Sciences
Prerequisites IAS 211
Contact time 1 practical per week, 3 lectures per week
Language of tuition Module is presented in English
Department Actuarial Science
Period of presentation Semester 2

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