STAT2032 Financial Mathematics
Later Year Course
| Offered By | School of Finance, Actuarial Studies & Appl Stats |
|---|---|
| Academic Career | Undergraduate |
| Course Subject | Statistics |
| Offered in | First Semester, 2011 and First Semester, 2012 |
| Unit Value | 6 units |
| Course Description |
Compound interest functions; valuation of annuities certain; loans repayable by instalments; comparison of value and yield of cash flow transactions; valuation of fixed interest securities, with and without tax on interest and capital gains; duration and volatility of securities; introduction to concept of immunisation and matching; consumer credit contracts; introduction to stochastic interest rate models. |
| Learning Outcomes |
On completion of this course students should have an understanding of and be able to apply the techniques outlined in the course description. |
| Indicative Assessment |
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| Workload |
Three contact hours per week plus at least 7 hours private study time. |
| Areas of Interest | Actuarial Studies, Finance, and Statistics |
| Requisite Statement |
Completion of STAT1008 Quantitative Research Methods or STAT1003 Statistical Techniques or concurrent enrolment in STAT2001 Introductory Mathematical Statistics |
| Prescribed Texts |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/STAT2032.pdf |
| Preliminary Reading |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/STAT2032.pdf
|
| Indicative Reading List |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/STAT2032.pdf |
| Majors/Specialisations | Finance |
| Other Information |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=STAT2032 |
| Science Group | B |
| Academic Contact | See http://ecocomm.anu.edu.au/courses/course.asp?code=STAT2032 and Ewan.Evans@anu.edu.au |
The information published on the Study at ANU 2011 website applies to the 2011 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2010 website.
