Università degli Studi di Napoli "Parthenope"

Teaching schedule

Academic year: 
2017/2018
Belonging course: 
Course of Master's Degree Programme on ADMINISTRATION, FINANCE AND BUSINESS CONSULTING
Disciplinary sector: 
MATHEMATICAL METHODS OF ECONOMY, FINANCE AND ACTUARIAL SCIENCES (SECS-S/06)
Language: 
Italian
Credits: 
9
Year of study: 
2
Cycle: 
Second semester
Hours of front activity: 
72

Language

Italian

Course description

The aim of the course is to provide students to introduce students to the valuation models of price and risk of contracts and portfolios; to provide criteria for choosing between different value-risk positions.

Knowledge and understanding: students should know the definition of contracts value in capital market, the construction of the term structure of interest rates, the applications of financial instruments in business valuation.

Applying knowledge and understanding: students should be able to apply the results of financial mathematics to the evaluation of contracts and to apply the acquired knowledge to evaluation schemes ok banks, insurances and industries.

Making judgements: students should be able to recognize the techniques required to solve economic and financial problems.

Communication skills: students should be able to communicate using financial and mathematical language and instruments.

Learning skills: students should be able to show a good learning ability, by widening, for example, their knowledge with use of relevant bibliographic references. The student will have the opportunity to apply the knowledge gained in previous courses integrating them with the additional professional skills that characterize the course.

Prerequisites

Basic concepts of financial mathematics.

Syllabus

Money, time and risk; Financial risks; Contracts, prices, trading; Value function and market price; Term structure of interest rates; Valuation methods of the term structure of interest rates; No-arbitrage valuation of index contracts.

Money, time and risk; Financial risks; Contracts, prices, trading; Value function and market price; Term structure of interest rates; Valuation methods of the term structure of interest rates; No-arbitrage valuation of index contracts.

Teaching Methods

Frontal lections. lab activities to develop Excel-based software procedures to solve financial problems.

Textbooks

Learning assessment

All students must take a written examination on the resolution of problems related to verify the acquired knowledge and understanding the ability to apply the knowlwdge.

More information