|
|
|
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
|
|
|
Mathematics for Finance |
|
Introduction |
This is a course on mathematics used in many financial transactions, analysis and other applications.
The central theme is the time value of money, and how it affects many financial considerations. While it is geared towards the needs of students in accounting and business studies, the same mathematical concepts and techniques may be applicable to students in engineering, life science, economics and many other disciplines as well.
The concepts of mathematics for finance are presented, illustrated with examples and supplemented with exercise problems with full explanations, so as to enable the students to master the computation of the various financial transactions.
|
|
Objectives |
Students who successfully complete this course will be able to:
· Compute simple interests and compound interests.
· Compute present value and future value of a loan, investment or an annuity
· Compute interest rate of an annuity and annuity due
· Compute discount and the discount rate of a note
· Compute equivalent interest rate
· Handle different compounding intervals and continuous compounding
· Compute the sum of a geometric series
· Determine sinking fund and amortization
· Derive and apply the equations of value
· Handle deferred annuities and variable annuities
|
|
Units Covered |
The course is divided into 7 lessons:
1. Simple Interest
2. Compound Interest
3. Continuous Compounding
4. Annuity
5. Present Value of An Annuity
6. Amortization
7. Equations of Value
|
|
Assessment |
Certificate of Participation will be issued basing on following criteria:
Please take all the required online tests and score at least 75% each
|
|
Course Materials |
No supplementary material
|
|
Fees |
$275 (Includes GST) |
|
Duration |
3 months access |
|
Lecturer |
Associate Professor Gah-Kok, Jacob Gan |
|
Lecturer Profile |
Associate Professor Gah-Kok, Jacob Gan
He started his apprenticeship as an EDB projects officer in 1975 after graduating from the then University of Singapore with a mechanical engineering degree. Lured by the opportunities in Saudi Arabia, he joined a Singapore-based company to manage a cargo handling operation at Jeddah Port in 1977. After failing to strike black-gold there, he returned to Singapore in 1978 and worked for a firm to set up and manage a manufacturing plant as its general manager until in 1983 when NTU (then NTI) made him an offer that excited him. He went for his graduate studies at the University of Michigan in 1984 and has been working with NTU ever since.
In addition to face-to-face learning and teaching, he also has great passion for eLearning and has been developing and conducting eLearning courses, both scientific and soft-skill based courses. To hone his presentation skills he has been active practicing his babblings in Toastmasters clubs, including taking parts in many speech contests which he failed to win until recently when he emerged Champion in the District 80 Area Z Humorous Speech Contest. |
|
>> CLICK HERE to Register Online
|
|
