Business sciences

1. Introduction to financial operations 2. Theory of interest rates. Capitalization laws. Equivalent rates 3. Fixed-income securities with certain returns 4. Annuities, loans, and amortization schedules 5. Financial evaluation criteria: Net Present Value (NPV) and Internal Rate of Return (IRR) 6. Term structure of interest rates: spot rates and forward rates 7. Financial immunization: Duration and Convexity 8. Mean-variance approach to portfolio management

Basic knowledge of mathematics is required to effectively attend the course.

Investment Science, David G. Luenberger

Attendance is not compulsory but strongly recommended.

Written exam. Optional oral exam.

Lectures with examples and exercises.