BS119 Mathematics of Finance
| This subject aims to introduce and equip the learners with essential financial mathematical knowledge and skills required to understand the quantitative aspect of finance and financial instruments. It introduces methods of modelling financial systems and financial applications. This unit equips learners with: - Basic mathematical concepts those are useful in business, economics, management, and marketing.
- Acquaint the students how to discriminate between common situations, analyse and perform appropriate calculations.
- To practice rigorous mathematical reasoning and to enhance the analytical skills
This unit covers percent and business applications, purchasing, pricing, and simple and compound interest, annuities, business and consumer loans and depreciations. Methods of teaching will include lecturers and tutorial based on prescribed text and hand outs. |