Financial Mathematics
16 Hours / 3 Months / Mentor Supported
Course Overview:
Financial Mathematics is a building block to learners in the field of finance. The topics expose the user to fundamental concepts such as cash flows, present value, future value, yield and probability that form the basis for further advanced learning.
Course Outline:
Basic Financial Measures

Objectives

Yield Measures

Total Return Analysis

Net Present Value

Duration

Convexity

Price Value of a Basis Point
Time Value of Money

Objectives

Introduction

Future Value of Money

Present Value of Money

Future Value of Annuities

Present Value of Annuities

Present Value of Perpetuities

Amortization
Bond Pricing

Objectives

Pricing of Optionfree Bond

Pricing of Floater/Inverse Floater

Price Determination between Coupon Periods

Yield Analysis

Price Volatility
Yield Curve Analysis

Objectives

Introduction to Yield Curve Analysis

Types of Yield Curves

Analyzing Yield Curve

Bond Arbitrage Strategies

Application of Yield Curves
Probability Distributions and their Properties

Objectives

Introduction

Types of Probability Distribution
Measuring Volatility

Objectives

Review of Concepts

Normal Distribution

Introduction to Volatility

Estimating Volatility
Correlation and Regression Analysis

Objectives

Introduction to Correlation

Calculating Correlation

Regression Analysis
All necessary materials are included.
System Requirements:
Internet Connectivity Requirements:
 Cable and DSL internet connections are recommended.
Hardware Requirements:
 Minimum Pentium 400 Mhz CPU or G3 Macintosh. 1 GHz or greater CPU recommended.
 256MB RAM minimum. 1 GB RAM recommended.
 800x600 video resolution minimum. 1025x768 recommended.
 Speakers/Headphones to listen to Dialogue steaming audio sessions.
 A microphone to speak in Dialogue streaming audio sessions.
Operating System Requirements:
 Windows Vista, 7, 8, 8.1, 9, 10
 Mac OSX 10 or higher.
 OpenSUSE Linux 9.2 or higher.
Web Browser Requirements:
 Google Chrome is recommended.
 Firefox 13.x or greater.
 Internet Explorer 6.x or greater.
 Safari 3.2.2 or greater.
Software Requirements:
 Adobe Flash Player 6 or greater.
 Oracle Java 7 or greater.
 Adobe Reader 7 or greater.
Web Browser Settings:
 Accept Cookies
 Disable Popup Blocker.
** Outlines are subject to change, as courses and materials are updated. Software is not included with the purchase of the course, unless otherwise specified.
Students are responsible for the purchase and installation of the necessary course software. **