The objective of the E-learning course Financial mathematics is to provide participants with a useful and efficient tool that will help them understand financial mathematics.
The approach used in this course is to look at financial mathematics (FM) in terms of four different components:
- FM for Money (time value of money, present and future value, calculating interest, spot vs. forwards currency rates)
- FM for Bonds (pricing, accrued interest, interest rate conventions, clean vs. dirty prices, yields)
- FM for Equities (understanding financial statements, earnings and dividends, valuing equities, financial ratios)
- FM for Investment portfolios/funds (portfolio construction and risk, alpha vs. beta, CAPM, sharpe ratio, tracking error)
The course Financial mathematics can be accessed through the Internet from anywhere. The course exists in English.