School of Economics and Business
BACHELOR´S DEGREE IN BUSINESS ADMINISTRATION Subject
Financial Mathematics
Code
802272
Module
Finance
Area
Financial Management
Character
Compulsory
Attendance
4
NonAttendance
2
Semester
4
Credits
6
Year
Second
Departament
Financial Economy and Accountancy I Coordinator: Ana de Vicente
Coordinator Mª Jesús Segovia
E-mail
[email protected]
SYNOPSIS BRIEF DESCRIPTION The study of the basic concepts and principles of financial valuation in an environment of certainty and the use of these tools for analyzing the different kinds of financial operations, from simple transactions to the accumulation of a final capital or the amortization of loans. To assist the decision-making process within organizations and, in particular, within corporations. The acquired knowledge will set the basis for the elaboration and interpretation of the financial information within those organizations.
PRE-REQUISITES Quantitative knowledge of year 1 courses.
EDUCATIONAL OBJETIVES OBJETIVES (Learning outcomes) The fundamental target of this course is to provide the student with the necessary knowledge for the analysis of financial transactions and for the adoption of decisions in an environment of certainty as well as the preparation of the basic financial information within corporations.
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School of Economics and Business COMPETENCES General: CG1, CG2, CG3, CG4 Cross-sectional: CT1, CT4, CT5 Specific: CE3, CE4, CE6
LEARNING METHODOLOGY A mixed methodology of teaching and learning will be used in all educational activities with the aim of encouraging students to develop a collaborative and cooperative attitude in the pursuit of knowledge.
TEACHING ACTIVITIES Lectures
% of Total Credits
20%
Each topic of the Syllabus will be dealt with in a different session. The student should research each topic further outside classes, and acquire practical knowledge by solving exercises. . Practical classes % of Total Credits 20 % Practical problems and exercises will be proposed and solved, to show how to apply the theoretical knowledge. Excel will be used to solve exercises. . Other activities % of Total Credits 60 %60%
Seminars 5% Individual or group tutorials 5%, Assessment activities 5% Projects 20% Study Hours 25%
ASSESMENT Exams
% Share of final grade
Final Exam
70 %
Other activities
% Share of final grade
Tests Projects
25% 5%
ASSESMENT CRITERIA Continuous assessment
30% 2
School of Economics and Business Final exam
70%
Consideration of a student as presented or non presented: May session: The student that does not take the final exam will be consider as not presented. The student that takes the final exam will be evaluated according to the subject tab. June/July session: The student that does not take the final exam will be consider as not presented. The student that takes the final exam will be evaluated according to the subject tab.
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School of Economics and Business
ORIENTATIVE CHRONOGRAM WEEK TOPIC 1 Lesson 1: Basic Concepts
CLASS ACTIVITIES Study of the contents of the topic
2 3 4
Study of the contents of the topic Study of the contents of the topic Study of the contents of the topic
5 6 7
Lesson 2: Financial Magnitudes Lesson 2: Financial Magnitudes Lesson 3: Financial Transactions. Simple and compound interest for accumulation and discount. Lesson 4: Annuities (Certain) Lesson 4: Annuities (Certain) Lesson 5: Financial Transactions: General Approach.
8 9 10 11 12 13
Lesson 6: Simple financial transactions Lesson 7:Financial transactions of accumulation Lesson 7:Financial transactions of accumulation Lesson 8: Financial Transactions of Amortization. Loans. Lesson 8: Financial Transactions of Amortization. Loans. Lesson 8: Financial Transactions of Amortization. Loans.
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Lesson 9: Introduction to the study of bonds (bond set).
Study of the contents of the topic Study of the contents of the topic Study of the contents of the topic Test 1 Study of the contents of the topic Study of the contents of the topic Study of the contents of the topic Study of the contents of the topic Study of the contents of the topic Study of the contents of the topic Test 2 Study of the contents of the topic
SEMINARS
Exercises Exercises.
Exercises.
Exercises Exercises. . Exercises.
Exercises.
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School of Economics and Business
RESOURCES BASIC BIBLIOGRAPHY GARRET, S.J. An introduction to the Mathematics of Finance, a deterministic approach, Butterworth-Heinemann, Elsevier. ROBERT BROWN, STEVE KOPP, PETR ZIMA: Mathematics of Finance. Mc Graw Hill PETR ZIMA, ROBERT BROWN: Mathematics of Finance. SCHAUM’S OUTLINE Mc Graw Hill ADDITIONAL BIBLIOGRAPHY BAQUERO, M.J. y MAESTRO, M.L: Problemas resueltos de Matemática de las Operaciones Financieras. Ed. Thomson A.C. Madrid 2003 CIPRA, T. Financial and insurance formulas, Physica-Verlag. LUENBERGER, D. Investment Science, Oxford University Press OTHER RESOURCES The subject´s web page in Moodle (on line campus): •
Slides from lecturers
•
Exercises
•
Links: http://www.tesoro.es/SP/index.asp
Software: Excel
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