Mathematics

Financial Mathematics

Module code: G5124
Level 6
15 credits in autumn teaching
Teaching method: Lecture
Assessment modes: Unseen examination, Coursework

You will study generalized cash flows, time value of money, real and money interest rates, compound interest functions, equations of value, loan repayment schemes, investment project evaluation and comparison, and bonds.

Module learning outcomes

  • Systematic understanding of the valuation of cash flows under interest and inflation.
  • Ability to evaluate, analyse and disseminate a real world investment project by writing an easy to understand financial report.
  • Ability to describe how a loan is repaid by regular instalments.