Financial oprations and laws. Spot and forward interest rates. Annuities and amortization schedules. Choice criteria for investment operations. Zero coupon bonds and coupon bonds. Term structure of interest rates. Duration and interest rate risk. Immunization.
Course Content - Last names F-L
Financial operations and regimes. Spot and forward interest rates. Annuities and amortization schedules. NPV, IRR and choice criteria for investment operations. Zero coupon bonds and coupon bonds. Duration e convexity. Matlab for financial applications.
Course Content - Last names M-O
Financial operations and laws. Spot and forward interest rates. Annuities and amortization schedules. Choice criteria for investment operations. Zero coupon bonds and coupon bonds.
Course Content - Last names P-Z
Financial oprations and financial regimes. Spot and forward interest rates. Annuities and amortization schedules. NPV, IRR and choice criteria for investment operations. Zero coupon bonds and coupon bonds. Duration, convexity and interest rate risk. Excel basic tools for financial applications.
To be able to formalize, in mathematical terms, basic financial problems.
To be able to apply tools from Calculus and Linear Algebra to solve them.
To be able to verify the consistency of the obtained solutions with respect to the firm's strategies or the economic goals.
Learning Objectives - Last names F-L
To be able to formalize, in mathematical terms, basic financial problems.
To be able to apply tools from Calculus to solve them.
To be able to implement the solution process with a PC (using Matlab).
To be able to verify the consistency of the obtained solutions.
Learning Objectives - Last names M-O
To be able to formalize, in mathematical terms, basic financial problems.
To be able to apply tools from Calculus and Linear Algebra to solve them.
To be able to verify the consistency of the obtained solutions with respect to the firm's strategies or the economic goals.
Prerequisites - Last names F-L
Matematica per le Applicazioni Economiche
Prerequisites - Last names M-O
Matematica per le Applicazioni Economiche
Teaching Methods - Last names A-E
Class lectures in Italian for a total of 48 hours.
Teaching Methods - Last names F-L
Class lectures and exercise sessions (also using Matlab). Total: 48h
Teaching Methods - Last names M-O
Class lectures in Italian for a total of 48 hours.
Further information - Last names A-E
Students are welcome to enroll at the e-learning course page. Access to the content is restricted by a password that is provided by the teacher.
Further information - Last names F-L
Students are warmly invited to enrol in the Moodle page of the course (''a.y. 18-19, canale F-L''). The password to access it will be provided during the first lecture (or by email).
Further information - Last names M-O
Students are welcome to enroll at the e-learning course page. Access to the content is restricted by a password that is provided by the teacher.
Type of Assessment - Last names A-E
Written test based on three exercises on financial mathematics. Two hours time available. An oral examination could be required by the teacher. See E-Learning page for further details. Weight 100% of the final grade.
Type of Assessment - Last names F-L
Written exam with 3 problems. See E-Learning for details.
Type of Assessment - Last names M-O
Written test based on three exercises financial mathematics. Two hours time available. An oral examination could be required by the teacher. See E-Learning page for further details. Weight 100% of the final grade.
Course program - Last names F-L
References are to the textbook “Matematica Finanziaria”, G. Scandolo
Basic financial operations (chap 1)
Spot and forward rates (chap 2)
Annuities evaluation and debt amortization (chap 3)
Internal rate of returns and choice criteria for financial projects (chap 4)
Bonds, Zero Coupon Bonds and Coupon Bearing Bonds, bond yield (chap 5)
Duration and convexity (chap 7)
(note: only some sections are in the program; see E-learning for details)