Lecturer(s)


Gangur Mikuláš, Doc. RNDr. Ph.D.

Course content

 The introduce to course.  Simple interest, simple discount, time value of money.  Compound interest, compound discount, other type of interest.  Annuities. Ordinary annuity.  General annuities and other annuities.  Amortization.  Projects evaluation.  Products of shortterm markets.  Insurance calculations.

Learning activities and teaching methods

Lecture with practical applications, Elearning, Discussion, Students' portfolio, Individual study
 unspecified
 26 hours per semester
 Presentation preparation (report) (110)
 1 hour per semester
 Contact hours
 39 hours per semester
 Preparation for comprehensive test (1040)
 10 hours per semester
 Preparation for an examination (3060)
 30 hours per semester

prerequisite 

professional knowledge 

Study of course supposes the knowledge commonly used elementary math operations, math power, exponential and logarithmic functions, next assumes the knowledge of power, exponential and logarithmic equations solving. The knowledge of elementary iterative methods for nonlinear equation root determination along with ability of practical application of these iterative methods (splitting of interval, linear interpolating). 
learning outcomes 

Studet is able to:  Use orientation in the basic calculations calculations and quantitative methods in finance and insurance.  apply methods and calculations in solving of practical problems in finance and insurance.  evaluate, compare and select the suitable products of shotterm money market and in the insurance area. 
teaching methods 

Elearning 
Individual study 
Students' portfolio 
Lecture with practical applications 
Discussion 
assessment methods 

Written exam 
Portfolio 
Seminar work 
Individual presentation at a seminar 
Recommended literature


CIPRA, T. Praktický průvodce finanční a pojistnou matematikou. Praha : Ekopress, 2005. ISBN 8086119912.

GROB, H. L., EVERDING, D. Finanzmathematik mit dem PC. [1. Aufl.]. Wiesbaden : Gabler, 1992. ISBN 3409129006.

Radová, Jarmila; Dvořák, Petr,; Málek, Jiří. Finanční matematika pro každého. 7., aktualiz. vyd. Praha : Grada, 2009. ISBN 9788024732916.

ZIMA, P., BROWN, R. L. Shaum's outline of theory and problems of mathematics of finance. 2nd ed. New York : McGrawHill, 1996. ISBN 0070082030.
