Financial Mathematics

16 Hours / 3 Months / Mentor Supported

Course Overview:

Financial Mathematics is a building block to learners in the field of finance. The topics expose the user to fundamental concepts such as cash flows, present value, future value, yield and probability that form the basis for further advanced learning.

Course Outline:

Basic Financial Measures
  • Objectives
  • Yield Measures
  • Total Return Analysis
  • Net Present Value
  • Duration
  • Convexity
  • Price Value of a Basis Point
Time Value of Money
  • Objectives
  • Introduction
  • Future Value of Money
  • Present Value of Money
  • Future Value of Annuities
  • Present Value of Annuities
  • Present Value of Perpetuities
  • Amortization
Bond Pricing
  • Objectives
  • Pricing of Option-free Bond
  • Pricing of Floater/Inverse Floater
  • Price Determination between Coupon Periods
  • Yield Analysis
  • Price Volatility
Yield Curve Analysis
  • Objectives
  • Introduction to Yield Curve Analysis
  • Types of Yield Curves
  • Analyzing Yield Curve
  • Bond Arbitrage Strategies
  • Application of Yield Curves
Probability Distributions and their Properties
  • Objectives
  • Introduction
  • Types of Probability Distribution
Measuring Volatility
  • Objectives
  • Review of Concepts
  • Normal Distribution
  • Introduction to Volatility
  • Estimating Volatility
Correlation and Regression Analysis
  • Objectives
  • Introduction to Correlation
  • Calculating Correlation
  • Regression Analysis

All necessary materials are included.

System Requirements:

Internet Connectivity Requirements:
  • Cable and DSL internet connections are recommended.

Hardware Requirements:
  • Minimum Pentium 400 Mhz CPU or G3 Macintosh. 1 GHz or greater CPU recommended.
  • 256MB RAM minimum. 1 GB RAM recommended.
  • 800x600 video resolution minimum. 1025x768 recommended.
  • Speakers/Headphones to listen to Dialogue steaming audio sessions.
  • A microphone to speak in Dialogue streaming audio sessions.
Operating System Requirements:
  • Windows Vista, 7, 8, 8.1, 9, 10
  • Mac OSX 10 or higher.
  • OpenSUSE Linux 9.2 or higher.
Web Browser Requirements:
  • Google Chrome is recommended.
  • Firefox 13.x or greater.
  • Internet Explorer 6.x or greater.
  • Safari 3.2.2 or greater.
Software Requirements:
  • Adobe Flash Player 6 or greater.
  • Oracle Java 7 or greater.
  • Adobe Reader 7 or greater.
Web Browser Settings:
  • Accept Cookies
  • Disable Pop-up Blocker.

**Outlines are subject to change, as courses and materials are updated.**