The course is designed to provide students with a comprehensive understanding of the fundamental principles of financial mathematics. In particular, it aims to develop knowledge of financial transactions, market structures, and the principles of equivalence and no-arbitrage, as well as to foster proficiency in the main financial regimes, including simple and compound interest and both commercial and rational discount. Students will acquire the ability to analyze and compute present values, future values, and effective interest and discount rates, with particular attention to annuities and bond loans. Moreover, the course intends to equip students with the skills required to understand and apply temporal and variability indicators—such as maturity, duration, and convexity—in the evaluation of financial instruments. Finally, it seeks to provide the necessary competencies to address problems related to capital formation and amortization and to determine the components of complex repayment schemes, thereby preparing students for both further academic study and professional applications in the field of finance.
(91826.1 - 91826.FinMath.1 - BET - The course is designed to provide students with a comprehensive understanding of the fundamental principles of financial mathematics. In particular, it aims to develop knowledge of financial transactions, market structures, and the principles of equivalence and no-arbitrage, as well as to foster proficiency in the main financial regimes, including simple and compound interest and both commercial and rational discount. Students will acquire the ability to analyze and compute present values, future values, and effective interest and discount rates, with particular attention to annuities and bond loans. Moreover, the course intends to equip students with the skills required to understand and apply temporal and variability indicators—such as maturity, duration, and convexity—in the evaluation of financial instruments. Finally, it seeks to provide the necessary competencies to address problems related to capital formation and amortization and to determine the components of complex repayment schemes, thereby preparing students for both further academic study and professional applications in the field of finance. )
