Statistics, Finance and Actuarial sciences

Learning Goals The course tackles the subjects and problems of the classical Financial Mathematics and aims at providing theoretical notions and operational capacities that enable to solve the main financial problems in certainty conditions that arise in business and financial markets. Knowledge and understanding The student will learn, from a theoretical and operational point of view, the main financial schemes, tools for the assessment of income and for amortization schedules, the main criteria for financial decisions under certainty and, the tools to estimate the term structure of interest rates and financial immunization. Applying knowledge and understanding Each theoretical concept will be applied to real cases. Students will be assessed according to their ability to solve specific problems Making Judgements Each student will be required to download real market data and build the term structure of interest rates or a repayment of loan plan in order to be able to validate his/her ability to do so Communication Sklls Each student will be required to present the application of studied methodologies to solve a real problem Learning Skills The learned concepts will be tested having each student to undertake a final exam