TecnoCampus Foundation
eCampus
University Business
eCampus

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General information

Subject type: Mandatory

Coordinator: Enric Camón Luis

Trimester: First term

Credits: 4

Teaching staff: 

Marc Crespo and Puigcerver

Teaching languages

  • English

Skills

Basic skills

  • B2_That students know how to apply their knowledge to their job or vocation in a professional way and have the skills that need to be demonstrated through the elaboration and defense of arguments and the resolution of problems within their area of ​​study

  • B5_That students have developed those learning skills necessary to undertake further studies with a high degree of autonomy

Specific skills

  • E3_Analyze and evaluate the information in the financial statements, applying legal criteria or defined by the company, evaluate the economic performance and prepare financial reports that are used for decision making

     

General competencies

  • G2_Be able to innovate by developing an open attitude to change and be willing to re-evaluate old mental models that limit thinking

Transversal competences

  • T4_Domain the computer tools and their main applications for the ordinary academic and professional activity

Description

This subject is an introduction to the world of financial markets and how to work and interpret them in a methodical way. Throughout the course, the foundations of the mathematical laws that govern the operations of the financial market will be developed, with a high practical content and with references to the current economic moment.
This branch of mathematics will provide the necessary knowledge for the formulation and resolution of the financial phenomena with which the student can find in his personal and professional life, as well as the necessary instruments for the interpretation of the same and facilitate the taking. of decisions.

Contents

Introduction

  • The value of money over time
  • Financial transactions and financial capital
  • Time conventions: the time between dates

Topic 1: Simple Capitalization Financial Systems

  • Current value and final value with simple interest
  • Financial equivalence with simple interest
  • Debt reprogramming: common and average maturity

Topic 2: Financial Discount

  • Mathematical or rational discount
  • Simple financial discount scheme: mathematical versus bank discount
  • Most common short-term debt instruments: promissory note and bill of exchange

Topic 3: Compound Capitalization Financial Systems

  • Compound interest regime.
  • Equivalences between compound interest rates: effective interest and APR
  • Current value and final value with compound interest
  • Financial equivalence with compound interest
  • Debt reprogramming: common and average maturity
  • Net present value and internal rate of return

Topic 4: Financial Income

  • Income classification.
  • Valuation of Constant Income.
  • Income Assessment in Arithmetic Progression.
  • Income Valuation in Geometric Progression

Item 5: Loans

  • Concept and magnitudes of a loan.
  • Classification of loans.
  • Loan with single repayment of capital
  • Repayable loans according to the American system.
  • Repayable loans according to the French system.
  • Loan with constant repayment rate

Evaluation system

The evaluation consists of the following tests and activities:

Continuous evaluation: Practical activities or individual questionnaires related to all the topics, which consists of carrying out exercises, both written and with computer support. They will be presented throughout the teaching period. Compute 30% of the final grade:

  • Online tests: 20%
  • Participation and activities in the classroom: 10%

Exams : A partial exam with a weight of 15% and a final exam with a weight of 55%, in the second test you must obtain a grade greater than or equal to 4 out of 10 to average the course. The final exam is mandatory the use of computer with Excel.

In order to pass the course, it is required that the weighted sum of the score obtained in the tests and activities be equal to or greater than 5 out of 10.
Summary of the evaluation system:

Participation in activities proposed in the classroom 10%

Individual work and / or group work

20%

Partial and Final Exam

70% 

 

In recovery it will only be possible to repeat the final exam that will compute 55%, maintaining the condition of obtaining a minimum mark of 4 out of 10, and will average with the rest of the marks of the evaluation.

A student who has not applied for the first call CANNOT apply for recovery.

REFERENCES

Basic

MINER Javier. (2010): Financial Mathematics Course, 2nd edition. Mc GrawHill

FRANCO, Jesús Rodríguez; RODRÍGUEZ, Alberto Isaac Pierdant. Financial Mathematics: With applications in Excel. Grupo Editorial Patria, 2015.

Complementary

DAY, Alastair. Mastering Financial Mathematics in Microsoft Excel: A Practical Guide to Business Calculations. Pearson UK, 2015.

LIAL, Margaret; HUNGERFORD, Thomas W .; HOLCOMB, John P. (2011), Mathematics with Applications, 10th Edition, Pearson Higher Education. Chapter 5: Mathematics of Finance.

ZIMA, Petr; BROWN, Robert. L .; and KOPP, Steve (2011). Mathematics of Finance. McGraw-Hill.

DIAZ MATA, Alfredo and AGUILERA GÓMEZ, Víctor Manuel (2013). Financial Mathematics. Mexico: McGraw Hill. 5th ed.

RODRÍGUEZ, Lydia Rosa Ríos; TORRECILLA, Armando Manuel Boullosa. Financial mathematics. Editorial Universitaria, 2017.