Financial Mathematics (L.7) (G5078)

15 credits, Level 7 (Masters)

Autumn teaching

In this module, you will study:

  • generalised 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
  • bonds
  • term structure of interest rates
  • simple stochastic interest rate models.


100%: Lecture


20%: Coursework (Portfolio, Problem set)
80%: Examination (Unseen examination)

Contact hours and workload

This module is approximately 150 hours of work. This breaks down into about 33 hours of contact time and about 117 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.

We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2023/24. However, there may be changes to these modules in response to feedback, staff availability, student demand or updates to our curriculum. We’ll make sure to let you know of any material changes to modules at the earliest opportunity.


This module is offered on the following courses: