Nanyang Technological University

Nanyang Business School

Nanyang Business School - Undergraduate Programmes

Course Description

BA218 / BA2202 Mathematics of Finance

Acad Unit: 4
Pre-requisite: Nil

Course Description:
The aim of this course is to equip students with the knowledge of the theory and practical applications of the mathematics of finance in the various aspects of actuarial work. Topics include the theory of rates of interest and discount, the forces of interest and discount, the evaluation of various annuities including mortgages and bonds, derivatives, yield rate, and stochastic interest rate models.