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CZECH TECHNICAL UNIVERSITY IN PRAGUE
STUDY PLANS
2019/2020

Investment and Insurance Mathematics

The course is not on the list Without time-table
Code Completion Credits Range Language
13Y2IM KZ 2 2+0 Czech
Lecturer:
Tutor:
Supervisor:
Department of Logistics and Management of Transport
Synopsis:

Interest rata nominal, efficient and real. Annuity, cash flow, present and future value. Debt amortization. Investment assessment. Security pricing. Basic notions and principles of insurance. Casualty insurance - risks, tariff groups, drivers, premium. Basics of demography, life tables, commutation functions. Capital life insurance, endowment, whole life. Annuity insurance. Current premium, gross premium, premium reserves.

Requirements:

Mathematics - aritmethic and geometric sequence, basics of the probability calculus (features of probability, expected value). Economics - basic knowledge about interest and finance.

Syllabus of lectures:
Syllabus of tutorials:
Study Objective:

The course presents basic methods of financial and insurance calculus, use not only in everyday life and economic practice, e. g. in debt amortization or assessment of investment projects, but also in valuation of accident costs and in insurance bussiness.

Study materials:

CIPRA Tomáš, 2000: Praktický průvodce finanční a pojistnou matematikou, HZ, Praha

CIPRA Tomáš, 1994: Finanční matematika v praxi, HZ, Praha

CIPRA Tomáš, 1994: Pojistná matematika v praxi, HZ, Praha

Časopis Finance a úvěr, vydává FSV UK, Praha, ISSN 0015-1920

Časopis Pojistný obzor, vydává Česká asociace pojišťoven, Praha, ISSN 0032-2393

Note:
Further information:
No time-table has been prepared for this course
The course is a part of the following study plans:
Data valid to 2020-01-24
For updated information see http://bilakniha.cvut.cz/en/predmet24074505.html