FIUBKFPM Finance and Insurance Mathematics

School of Business Administration in Karvina
Winter 2015
Extent and Intensity
0/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Iveta Palečková, Ph.D. (lecturer)
Ing. Jana Šimáková, Ph.D. (lecturer)
Ing. Jana Šimáková, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Iveta Palečková, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina
Contact Person: Ing. Irena Szarowská, Ph.D., MPA
Prerequisites
None
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The aim of this course is to familiarize students with mathematical applications in finance and insurance. The main operations are included in this course, namely operations related to the possibilities of using mathematics to simple and compound interest, savings, pension calculations, calculation of the present value of stocks and bonds, as well as the possibility of using mathematics in determining the amount of insurance in both life and non-life insurance, including the establishment of technical provisions. It is shown how financial and actuarial mathematics enters into interaction with mathematical economics, econometrics and mathematical and economic statistics.
Syllabus
  • 1. Basic concepts of financial and actuarial
    2. Simple interest
    3. Short-term securities
    4. Compound interest
    5. Interest rates
    6. Long-term securities
    7. Saving
    8. Pensions
    9. Models recurring payments
    10. Risk in financial mathematics
    11. Life insurance
    12. Non-life insurance
    13. Health and pension insurance
Literature
    required literature
  • RADOVÁ, J., DVOŘÁK, P., MÁLEK, J. Finanční matematika pro každého. Praha : GRADA Publishing, 2009. ISBN 978-80-247-3291-6. info
  • CIPRA, T. Praktický průvodce finanční a pojistnou matematikou. Praha: Ekopress, 2005. ISBN 80-86119-91-2. info
    recommended literature
  • CAPINSKI, M., ZASTAWNIAK, T. Mathematics for Finance: An Introduction to Financial Engineering. Berlin, 2010. ISBN 978-0857290816. info
  • CIPRA, T. Pojistná matematika: teorie a praxe. Praha: EKOPRESS, 2006. ISBN 80-86929-11-6. info
  • RADOVÁ, J., CHÝNA, V., MÁLEK, J. Finanční matematika v příkladech. Praha: Professional Publishing,, 2005. ISBN 80-86419-97-5. info
  • SEKERKA, B. Matematické a statistické metody ve financování, cenných papírech a pojištění. Praha: Profess consulting, 2002. ISBN 80-7259-031-5. info
    not specified
  • ŠLECHTOVÁ, J. Finanční a pojistná matematika. Karviná SU OPF, 2005. ISBN 80-7248-336-6. info
Teaching methods
Skills demonstration
Seminar classes
Assessment methods
Written exam
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: Přednáška 12 HOD/SEM.
Teacher's information
Attendance in seminars 25%, 3 ongoing test.
ActivityDifficulty [h]
Ostatní studijní zátěž76
Přednáška13
Seminář26
Zápočet30
Summary145
The course is also listed under the following terms Winter 2016, Winter 2017, Winter 2018, Winter 2019, Winter 2020, Winter 2022, Winter 2023, Winter 2024.
  • Enrolment Statistics (Winter 2015, recent)
  • Permalink: https://is.slu.cz/course/opf/winter2015/FIUBKFPM