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| MATH0456-1 | Financial mathematics | ||||||||
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| Duration : | 30h Th | ||||||||
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| Holder(s) : | André Rochez | ||||||||
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| Course contents : | The course includes studying interests, the equivalence principle, the capitalization principle, the present value principle, annuities and loans. | ||||||||
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| Course objective : | Introduction to financial capitalization principles, which will be used in simple & practical illustrations. Learning parametrization & equation finding techniques to help solve financial problems. | ||||||||
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| Prerequisites : | MQG 703 Mathematics ( or MQG 704) MQG 716 Mathematics | ||||||||
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| Organization : | - Presentation of principles illustrated by examples from the experience of the teacher - Newspaper & magazine articles are commented in relation to current events - A syllabus covering the theory course & exercises will be available, as well as reproduction of educational media used (transparencies) - Some classes will be reserved for exercises in order to put into practice the methods & principles presented in class & to sink them in. | ||||||||
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| Written notes : | - "An Introduction to the Mathematics of Finance", J.J. Mc Cutcheon and W.F. Scott, Department of Actuarial Mathematics and Statistics, Heriot-Watt University, Edinburg, Heinemann, London, 1987. - "Finance Stochastique", Pierre Devolder, Editions de l'Université libre de Bruxelles, 1993. - "Le Matif", Florin Aftalion et Patrice Poncet, Presses Universitaires de France, 1987. - "Mathématiques Financières", A. Brown and M. ShaheeN, 1982. - "Algèbre Financière", G. Cnapelinckx, Editions Wesmael Charlier, 1977. - "Introduction à la Mathématique Financière", Daniel Justens, Editions De Boeck, 1987. - "Mathématiques Financières", Pierre Bonneau, Editions Dunod, 1986. | ||||||||
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| Assessment : | 1st session assessment : oral examination on the comprehension of the principles and the ssimilation of the techniques 2nd session assessment : oral examination prolonged 2nd session assessment : oral examination | ||||||||
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ULg : Students and Studies Administration - Academic Affairs
Contact : Monique Marcourt, direction A.E.E.
Date of data : 27/02/2006
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