Skip to main content
Skip header

Financial Mathematic

Summary

The course is focused on practical application of financial mathematics. The main areas of interest are interest and discounting and their application in investing and analyzing securities. It also focuses on savings and pensions and debt amortization. After completing the course, the student is able to analyze securities and assess investment options.

Literature

CIPRA, Tomáš. Practical guide to financial and insurance mathematics. Jesenice: Ekopress, 2020. ISBN 978-80-87865-67-5.
PETTERS, Arlie O. and Xiaoying DONG. An introduction to mathematical finance with applications: understanding and building financial intuition. Švýcarsko: Springer, 2016. ISBN 978-1-4939-3781-3 .
JACQUES, Ian. Mathematics for economics and business. Harlow: Pearson, 2013. ISBN 978-0-273-76356-7.
LOVELOCK, David, Marilou MENDEL and Larry WRIGHT. An introduction to the mathematics of money: saving and investing. New York: Springer, c2010. ISBN 978-1-4419-2232-8.

Advised literature

HASTINGS, Kevin J. Financial mathematics: from discrete to continuous time. Boca Raton: CRC Press, Taylor & Francis Group, 2023. ISBN 978-1-498-78040-7.
FUNIOKOVÁ, Taťána. Introduction to financial mathematics. Ostrava: VŠB-TU Ostrava, 2017. ISBN 978-80-248-4081-9.
HENRY-LABORDERE, Pierre. Analysis, geometry, and modeling in finance: advanced methods in option pricing. Boca Raton: CRC Press, 2009. ISBN 978-1-4200-8699-7.
ROMAN, Steven. Introduction to the mathematics of finance: from risk management to options pricing. New York: Springer, 2004. ISBN 0-387-21364-3.


Language of instruction čeština, angličtina, čeština
Code 545-0172
Abbreviation FM
Course title Financial Mathematic
Coordinating department Department of Economics and Control Systems
Course coordinator RNDr. Radmila Sousedíková, Ph.D.