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FINANCIAL MATHEMATICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
IBY207 FINANCIAL MATHEMATICS 3 3 3 6

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Recognize the concepts of simple and compound interest.
Distinguish the concepts of simple and compound interest.
Calculate the interest using the formulas of simple and compound interest.
Analyze the bond and stock pricing.
Decide the optimal transaction for pricing.