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Single discipline educational activity
Course Sheet Academic Year of enrolment:
Disciplinary Sector:
MATHEMATICAL METHODS OF ECONOMICS, FINANCE AND ACTUARIAL SCIENCES
Professor and Collaborators:
Hours of classroom activity:
Objectives
Contents The course is a basic course on the modern finance theory that provides the economic notions and quantitative analysis tools needed to interpret financial phenomena. The teacher will adopt a unified point of view to deal with specific topics of market finance and corporate finance, such as the valuation of bonds, the valuation of stocks and the valuation of investment projects.
Extended Syllabus The time value of money.
Discounting.
The Internal Rate of Return (IRR).
The bond market.
Valuing bonds.
The term structure of interest rates.
Forward rates.
Interest rate risk.
Perpetuities and Annuities.
Amortizing loans.
The stock market.
Valuing stocks.
Valuing projects.
The Net Present Value (NPV) decision rule.
Methods of Provision
Teaching Methods L'insegnamento è strutturato in 72 ore di didattica frontale. Le lezioni prevedono la costruzione progressiva dell'impianto teorico di riferimento con applicazioni ed esempi.
The course structure is the following one: 48 hours of frontal lessons. The lessons include the progressive construction of the theoretical reference system with applications and examples.
Evaluation methods Verification of learning:
The assessment of learning will be carried out passing a written test which involves the resolution of numerical exercises on the topics of the course. Students will be asked to illustrate the procedures followed in solving the exercises. The oral exam is optional (the student can decide to take the oral exam), or in the event of having to acquire further elements of evaluation. Further details on how the tests will be conducted will be provided in the classroom.
Contacts/More Information