Course Details
Country:
France
Institution:
Université Paris I Dauphine
Course Title:
Applied Mathematics for Finance (The time value of money: interest rates, loans, and investment valuation) & Sustainable Finance
Course Number:
0IBUSY28 & 0IBUSY18
Course Description:
Applied Mathematics for Finance (The time value of money: interest rates, loans, and investment valuation):
The course covers the concepts of interest rates (simple/compounded interest; periodic and continuous compounding;discounted and earned value); calculation of amortisation and annuities on undivided loans (loan amortisation table ; actuarial cost, total effective rate); bonds and interest rate markets (zero-coupon ; yield curve; bond valuation; actuarial rate; duration); investment choices (net present value, IRR,
profitability index), equity valuation (yield; valuation by multiples; Gordon-Shapiro model). It is based on the presentation of theoretical concepts and the corresponding vocabulary and makes extensive use of exercises to put the techniques studied into practice.
Sustainable Finance:
The objective of this course is to provide an understanding of such a role and introduce the main sustainable finance principles and tools. The course will be delivered from a finance practitioner’s perspective and will rely extensively on case studies.
Language:
English
Approved Equivalent:
FNAN 303
