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April 5, 2023

Financial Mathematics

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Do you enjoy mathematics and want to pursue a career in the financial sector? The Master’s Programme in Mathematics, specialising in Financial Mathematics, offers a mix of statistical and mathematical tools that will make you well prepared for professional life. Since all the teachers in the programme are active researchers, you will have the opportunity to immerse yourself in the theoretical aspects of financial mathematics.

What Will I Learn?

  • Introduction to Finance
  • Interest Rates
  • Financial Instruments
  • Zero Coupon Bonds
  • Annuities
  • Discount Rates
  • Actuarial Notation
  • Force of Interest as a Function of Time
  • Term Structure of Interest Rates
  • Loan Schedules
  • Stochastic Interest Rate Models
Course Curriculum
Introduction to Finance
  • Financial Transactions
  • Interest and Inflation Rates
  • How to use the HP12c
Introduction to Financial Instruments
  • Preview
  • Index Linked Securities
  • Annuities
  • Equity
  • Insurance Products
Theory of Interest
  • Theory of Interest – Basic
  • Power of Interest Rates
  • Discount Rates
  • Actuarial Notation – Basic
Introduction to Actuarial Notation
  • Discounting Factor
  • Annuity Certain
  • Annuity in Advance
  • Deferred Annuities
  • Annuities payable pthly
  • Annuities payable continuously
Term Structure of Interest Rates
  • Spot Rates
  • Forward Rates
  • Theories on the Yield Curves
  • Yield to Maturity
  • Par Yields
  • Immunisation
$899.00
Durations: 70 hours
Lectures: 24
Students: Max 60
Level: Expert
Language: English
Certificate: No

Requirements

  • High schools maths is required
  • Simple Integration is needed

Audience

  • Students wanting to enter financial professions such as Actuary, CFA, FRM, etc
  • Exams FM, CM1, A211