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Borrowed courses

FINANCIAL AND ACTUARIAL CALCULUS

ECONOMIA E GESTIONE AZIENDALE

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FINANCIAL AND ACTUARIAL CALCULUS

ECONOMIA

PERCORSO GENERALE IN ECONOMIA

Other Courses of the Study Programme

Course year: 1

BUSINESS ADMINISTRATION - 9 credits - Basic
ECONOMIC HISTORY - 6 credits - Related/Supplementary
ELEMENTARY ENGLISH: BASIC NOTIONS - Student's own choice
ELEMENTARY MATHEMATICS: BASIC NOTIONS - Student's own choice
ENGLISH LANGUAGE - 9 credits - Related/Supplementary
FINANCIAL ACCOUNTING (INTRODUCTORY AND INTERMEDIATE LEVEL) - 9 credits - Characterising
INFORMATION TECHNOLOGY ELIGIBILITY - 2 credits
LINEAR ALGEBRA AND CALCULUS - 9 credits - Basic
MICROECONOMICS - 9 credits - Basic
PRIVATE LAW - 9 credits - Basic

Course year: 2

COMMERCIAL LAW
Attendance grouping
12 credits - Raggruppamento di frequenza
ECONOMIC POLICY - 9 credits - Characterising
FINANCIAL AND ACTUARIAL CALCULUS - 6 credits - Characterising
FINANCIAL MARKETS AND ISTITUTIONS - 9 credits - Characterising
MACROECONOMICS - 9 credits - Characterising
PUBLIC LAW - 6 credits - Related/Supplementary
STATISTICS - 9 credits - Characterising

Course year: 3

ADMINISTRATION AND MANAGEMENT CONTROL OF TOURISM ENTERPRISES - 6 credits - Student's own choice
BANKING - 9 credits - Characterising
BUSINESS ANALYSIS AND MODELING - 6 credits - Student's own choice
BUSINESS MANAGEMENT - 9 credits - Student's own choice
BUSINESS ORGANISATION - 6 credits - Student's own choice
BUSINESS ORGANIZATION - 6 credits - Student's own choice
CO-OPERATIVE FIRMS BUSINESS MANAGEMENT - 6 credits - Student's own choice
COST ACCOUNTING - 9 credits - Student's own choice
DECISION ANALYSIS FOR BUSINESS - 6 credits - Student's own choice
ECONOMIC SOCIOLOGY - 9 credits - Student's own choice
EMPIRICAL ECONOMICS - 9 credits - Student's own choice
ENVIRONMENTAL ECONOMICS - 6 credits - Student's own choice
FINAL TEST - 4 credits - Language/Final Examination
FINANCIAL MANAGEMENT MODELS - 9 credits - Student's own choice
FOUNDATIONS OF PUBLIC ECONOMICS - 6 credits - Student's own choice
FRENCH LANGUAGE - 6 credits - Student's own choice
GEOGRAPHY AND SOCIOLOGY OF TOURISM
Attendance grouping
9 credits - Raggruppamento di frequenza
GERMAN LANGUAGE - 6 credits - Student's own choice
HERITAGE AND TOURISM POLICY - 9 credits - Student's own choice
HISTORY OF ECONOMIC THOUGHT - 9 credits - Student's own choice
INNOVATION AND OPERATIONS MANAGEMENT - 6 credits - Student's own choice
INTERNSHIP - 3 credits - For stages and internships
INTRODUCTION TO FINANCIAL MANAGEMENT - 6 credits - Characterising
INVESTMENTS - 9 credits - Characterising
LABOUR ECONOMICS - 9 credits - Student's own choice
LABOUR LAW - 9 credits - Student's own choice
MANAGEMENT CONTROL - 9 credits - Student's own choice
MARKETING - 9 credits - Student's own choice
OPERATIONS MANAGEMENT - 6 credits - Student's own choice
OPERATIONS RESEARCH - 9 credits - Student's own choice
PORTFOLIO CHOICES - 6 credits - Characterising
PROBLEM SOLVING FOR COMPUTER SCIENCE - 6 credits - Student's own choice
PROFESSIONAL PRACTICE ISSUES IN ACCOUNTING - 6 credits - Student's own choice
PUBLIC ECONOMICS - 9 credits - Student's own choice
PUBLIC ECONOMICS - 9 credits - Student's own choice
SOCIOLOGY OF ORGANIZATION - 6 credits - Student's own choice
SPANISH LANGUAGE - 6 credits - Student's own choice
STATISTICAL INFERENCE - 9 credits - Characterising
STRATEGY ANALYSIS - 9 credits - Student's own choice
TOURISM MANAGEMENT - 6 credits - Student's own choice

FINANCIAL AND ACTUARIAL CALCULUS

Alphabetic division AD-EN-OZ

Course Sheet

Academic Year of enrolment:

2016/2017

Academic Year of provision:

2017/2018

Divisions:

E-N

Type of Course:

Characterising

Degree:

Bachelor's Degree Programme in BANKING AND FINANCE

Disciplinary Sector:

MATHEMATICAL METHODS OF ECONOMICS, FINANCE AND ACTUARIAL SCIENCES

Is part of:

FINANCIAL AND ACTUARIAL CALCULUS

Grouping type:

Credits:

Programme Year:

Professor and Collaborators:

ZUANON Magali Ernestine Professor

RAMPINI Angelo Filippo Collaborator

Cycle:

First four months

Hours of classroom activity:

Hours of individual study:

110

The topics of the course of Linear Algebra and Calculus are an essential pre-requisite.

Educational Goals

In this course the basic tools of Financial analysis and Insurance theory are introduced. The aim is to allow the student to deal in a successful way with relevant applications, such as the evaluation of insurance contracts and mortgage analyses.

Content

- Interest and discount rates. Present and future values.
- Annuities. Debt repayments. Sinking funds.
- Net present value and Internal rate of return.
- Duration. Basics on Bonds.
- Term structure of interest rates. Spot and forward interest rates.
- Insurance contracts.
- Biometric functions, survival probabilities.
- Life insurance contracts.
- Actuarial reserves.

Extended Syllabus

Recommended Bibliography

Stephen Shao, Lawrence P. Shao, Mathematics for Management and Finance, International Thomson Publishing, 1997, ISBN: 9780538870993.

Teresa Bradley, Essential Mathematics for Economics and Business, 4th edition, John Wiley & Sons, 2002, ISBN: 9781118358290.

Wai Sum Chan, Yiu Kuen Tse, Financial and Actuarial Mathematics, McGraw-Hill, 2007, ISBN: 9780071258562.

Teaching Methods

Lectures and traditional classroom tutorials will be provided. Besides, online teaching activity will be available in the "comunità didattica" of the course.

Assessment Methods

The exam consists of a written part and an oral part, both compulsory.
Access to the oral exam is reserved to students who have passed the written exam.
A mark of 18 points out of 30 in the written exam is required for being admitted to the oral exam.
The oral exam is compulsory and is evaluated with a mark ranging from 0 to 30 points. The final mark is obtained as the simple average between the final mark of the written exam and the mark obtained in the oral exam.
Students who fail the oral exam may retry it in the following exam date.
Students not attending the oral exam or failing it twice have to retry both the written and oral exam in a new exam date.

Assessment:

Final Mark

Programme of Educational Activities

Start date of teaching period:

Monday, September 11, 2017

End date of teaching period:

Friday, December 15, 2017