Subject: Financial Mathematics (17.OM519 )
Native organizations units: Department of Fundamentals Sciences
Study programmes of the course:
| Type of studies | Title |
|---|---|
| Master Academic Studies | Mathematics in Engineering (Year: 1, Semester: Summer) |
| Master Academic Studies | Information Engineering (Year: 1, Semester: Summer) |
| Master Academic Studies | Information and Analytics Engineering (Year: 1, Semester: Summer) |
Enabling students to develop abstract thinking and acquire basic knowledge in the field of financial mathematics.
The acquired knowledge is used in further education and in engineering subjects and the students are able to practically apply the knowledge of financial mathematics without memorization and use of formulas which frequently appear in different course books.
Simple interest calculation (Calculating the simple interest. Lombard calculation. Discounting of bills. Consumer credit. Current account. Foreign exchange and arbitrage of foreign exchange. Complex interest calculation. (Determining the price of short-term securities. Complex interest calculation. Accumulation factor. Nominal, relative, conformal, effective interest rate. Discount factor. Additional deposits factor. Anticipative and decursive deposits. Investing more often than calculating interest. Present value of a series of anticipative and decursive deposits. Present value of deferred anticipative and decursive deposits.Methods for determining the investment effectiveness. Determining the prices of financial instruments in the capital markets. Amortization of loan in decursive calculation of interest. Repayment law. Amortization of loan with equal and variable annuities and payments. Determining the last payment. The conversion of the loan.) Concept and types of economical functions. Optimization of economical functions of one variable. Analysis of economical functions using integration calculus.
Lectures; Numerical calculation practice. Consultations. Lectures are dynamic and interactive. In lectures, theoretical part of the course is taught followed by characteristic and typical examples for better understanding. In practices, which accompany lectures, typical problems are solved and knowledge from the lectures is deepened. Besides lectures and practice, consultations and group tutorials are held on a regular basis. Part of the course, presenting a logical whole, can be taken as partial examination during the course.
| Authors | Title | Year | Publisher | Language |
|---|---|---|---|---|
| 2007 | English | |||
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| 2004 | English |
| Course activity | Pre-examination | Obligations | Number of points |
|---|---|---|---|
| Written part of the exam - tasks and theory | No | Yes | 30.00 |
| Theoretical part of the exam | No | Yes | 40.00 |
| Coloquium exam | No | No | 10.00 |
| Lecture attendance | Yes | Yes | 5.00 |
| Test | Yes | Yes | 10.00 |
| Computer exercise attendance | Yes | Yes | 5.00 |
| Coloquium exam | No | No | 10.00 |
| Test | Yes | Yes | 10.00 |
Assoc. Prof. Carić Biljana
Associate Professor
Lectures
Asistent sa doktoratom Stratijev Jelena
Assistant with PhD
Practical classes
Asistent sa doktoratom Stratijev Jelena
Assistant with PhD
Computational classes
Faculty of Technical Sciences
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Contact:
Address: Trg Dositeja Obradovića 6, 21102 Novi Sad
© 2024. Faculty of Technical Sciences.