Financial Mathematics

Hours: 16 / Access Length: 3 Months / Delivery: Online, 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, Fiber, DSL, or LEO Satellite (i.e. Starlink) internet with speeds of at least 10mb/sec download and 5mb/sec upload are recommended for the best experience.

NOTE: While cellular hotspots may allow access to our courses, users may experience connectivity issues by trying to access our learning management system.  This is due to the potential high download and upload latency of cellular connections.   Therefore, it is not recommended that students use a cellular hotspot as their primary way of accessing their courses.

Hardware Requirements:

• CPU: 1 GHz or higher
• RAM: 4 GB or higher
• Resolution: 1280 x 720 or higher.  1920x1080 resolution is recommended for the best experience.
• Speakers / Headphones
• Microphone for Webinar or Live Online sessions.

Operating System Requirements:

• Windows 7 or higher.
• Mac OSX 10 or higher.
• Latest Chrome OS
• Latest Linux Distributions
  

NOTE: While we understand that our courses can be viewed on Android and iPhone devices, we do not recommend the use of these devices for our courses. The size of these devices do not provide a good learning environment for students taking online or live online based courses.

Web Browser Requirements:

• Latest Google Chrome is recommended for the best experience.
• Latest Mozilla FireFox
• Latest Microsoft Edge
• Latest Apple Safari

Basic Software Requirements (These are recommendations of software to use):

• Office suite software (Microsoft Office, OpenOffice, or LibreOffice)
• PDF reader program (Adobe Reader, FoxIt)
• Courses may require other software that is described in the above course outline.