- Docente: Rossella Agliardi
- Credits: 8
- SSD: SECS-S/06
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Rimini
- Corso: First cycle degree programme (L) in Economics of Tourism (cod. 8847)
Learning outcomes
The aim of the course is to provide the fundamentals of Mathematical Finance. In particular, students will be able to understand and evaluate some financial contracts that are usually faced in business management. Some simple stategies for risk control and diversification will be presented.
Course contents
Basic principles of financial mathematics: simple/commercial convention versus compound/instantaneous ones. Annuities. Perpetuities. Debt amortization. Evaluation of a generic financial transaction: NPV, IRR.
Fixed income market: zero coupon bonds, fixed coupon bonds, term structure of interest rate.
Valuation of risky investments. Mean-variance. VaR.
Readings/Bibliography
F. Cacciafesta, Lezioni di matematica finanziaria classica e moderna, Ed. Giappichelli Torino
Teaching methods
Lectures and exercises.
A few Lab classes are strongly reccommended.
Assessment methods
Written exam consisting of 4-5 exercises.
Teaching tools
Slides. A list of exercises and some Excel speadsheets will be made available.
Office hours
See the website of Rossella Agliardi