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Information
| Unit | |
| Code | SD0120 |
| Name | Mathematics of Finance |
| Term | 2017-2018 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Belirsiz |
| Label | NFE Non-Field Elective Courses (University) UCC University Common Course |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Öğr. Gör. AYHAN SAYĞI |
| Course Instructor |
Öğr. Gör. AYHAN SAYĞI
(Güz)
(A Group)
(Ins. in Charge)
Öğr. Gör. AYHAN SAYĞI (Bahar) (A Group) (Ins. in Charge) |
Course Goal / Objective
The aim of this course is to teach mathematical operations that are required in financial calculations besides basic finance knowledge.
Course Content
Teaching mathematical operations that will be required in financial calculations such as interest, discount, borrowing costs, annuity and amortization.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the concept of interest and makes interest calculations. |
| LO02 | Define discount concept and make discount related calculations. |
| LO03 | Define annuity concept and make calculations related to annuity. |
| LO04 | Defines the concept of borrow and borrowing cost and makes calculations about borrowing cost. |
| LO05 | Analyzes and interprets data on finance mathematics. |
| LO06 | Decision-making skills are improved in finance mathematics. |
| LO07 | Ability to improve problem solving skills in finance mathematics |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Definition of simple interest and its importance, Calculation of simple interest | ||
| 2 | Average interest rate, Average maturity | ||
| 3 | Definition of simple discounts, Simple discounts | ||
| 4 | Exchange of bills, Definition of compound interest and compound interest calculations, | ||
| 5 | Nominal interest rate, Effective interest rate. | ||
| 6 | Discount (External discount method, Internal discount method, Equivalent notes, Average maturity) | ||
| 7 | Annuities, Normal annuities | ||
| 8 | Midterm | ||
| 9 | The present and future values of annuities | ||
| 10 | Debt amortization, methods of amortization | ||
| 11 | Fixed amortization | ||
| 12 | Increased amortization, diminishing amortization. | ||
| 13 | Payment of vacant debts | ||
| 14 | Borrowing cost analysis | ||
| 15 | Borrowing cost analysis | ||
| 16 | Final exam | ||
| 17 | Final exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |