Investment and Insurance Mathematics
Code | Completion | Credits | Range | Language |
---|---|---|---|---|
13Y2IM | KZ | 2 | 2+0 | Czech |
- Garant předmětu:
- Lecturer:
- Tutor:
- Supervisor:
- Department of Logistics and Management of Transport
- Synopsis:
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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:
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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:
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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:
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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:
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- BI nav.prez.11/12 (compulsory elective course)
- ID nav.prez.11/12 (compulsory elective course)
- ME nav.prez.11/12 (compulsory elective course)
- PL nav.prez.11/12 (compulsory elective course)
- TR nav.prez.11/12 (compulsory elective course)
- BI nav.prez.12/13 (compulsory elective course)
- DS nav.prez.12/13 (compulsory elective course)
- ID nav.prez.12/13 (compulsory elective course)
- LO nav.prez.12/13 (compulsory elective course)
- PL nav.prez.12/13 (compulsory elective course)
- TR nav.prez.12/13 (compulsory elective course)