82128 - Corporate Valuation Models

Learning outcomes

The goal is to provide either the basic skills or elements of some more advanced topics in financial mathematics with a problem solving approach and to develop the skills to build a spreadsheet of the solutions. At the end of the course the student is able to: - solve the problems of financial evaluation under certainty; - create spreadsheets that implement these solutions; - recognize some hedging and optimizations problems of financial choices.

Course contents

1. Simple operations, bonds.
2. Main financial regimes. Term structure of interest rates.
3. Compound operations: Annuities, Amortization plans.
4. Duration and financial immunization.
5. Invetsments choice.
6. Financial Mathematics with excel.

Readings/Bibliography

- L. Barzanti, A. Pezzi; Matematica Finanziaria - Manuale operativo con Applicazioni in Excel, Seconda Edizione; Esculapio, 2014.

- L. Barzanti, A. Pezzi; Problemi Risolti di Matematica Finanziaria - Esercizi e Casi di Studio; Esculapio, 2014.

Optional readings:

- Cesari, R. (2012a), Introduzione alla finanza matematica. Concetti di base, tassi e obbligazioni, McGraw-Hill, 2012

- Cesari, R. (2012b), Introduzione alla finanza matematica. Mercati azionari, rischi e portafogli, McGraw-Hill, 2012

Teaching methods

frontal lessons

Assessment methods

written exam

Office hours

See the website of Gian Luca Tassinari