FINANCIAL ALGEBRA
 
Lectured in 2nd year Business managementSection finance and insurance
2de jaar Bedrijfsbeheer optie Financie- en verzekeringswezen
Theory [A] 12.5
Exercises [B] 12.5
Training and projects [C] 0.0
Studytime [D] 100
Studypoints [E] 4
Language of instruction Dutch
Lecturer Francois VERMEULEN
Reference RGBBRF02A00991
 
Key words
Financial algebra

Objectives
Students gain extra knowledge on annuities and their use, loans and tariff calculations of life insurance.

Topics
  1. annuities simple and ordinary: definitions, formula, cases and calculation of each payment, interest rate, term
  2. loans and bonds: types, schemes of repay, actuarial yield
  3. life insurance: principles of tariff calculation


Prerequisites
Financial algebra of the 1st year.

Final Objectives


Materials used
Textbook: financiële wiskunde volume 2 see 1st year.

Study costs
Textbook 1e year and copies at usual price.

Study guidance
Individual remediation, assisted self study.

Teaching Methods
Lecturing, exercises, assisted self study.

Assessment
First exam session: written exam 70% and permanent assessment 30%.
Second exam session: written exam 100%.
Examination Board Flemish Community: first and second exam session: written exam 100%.

Lecturer(s)