Information Package / Course Catalogue
| Course Code | : ISL211 |
| Course Type | : Area Elective |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
In addition to fundamental finance, this course aims to teach mathematical operations required for financial calculations.
The definition and importance of simple interest, Calculation of simple interest, External interest, internal rate, the average interest rate, average term, simple definition of discounting, simple discount operations (external discounted method, internal discount method), the replacement of securities (equivalent securities), the definition of compound interest and compound interest calculations, the nominal interest rate, effective interest rate, compound discount (external discounted method, internal discount method, equivalent securities, average maturity), Annuities. Normal Annuities, present and future value of annuities, other annuities, Debt Amortization, Depreciation methods, Fixed Depreciation, increasing straight-line depreciation, decreased payline depreciation, payment of proclaimed debt.
| 1. | Applies simple and compound interest calculations. |
| 2. | Analyzes future cash flows through annuity and bond valuation. |
| 3. | Explains fundamental mathematical concepts used in insurance mathematics. |
| 4. | Develops solution techniques for financial and actuarial problems. |
| 5. | Applies financial decision models under risk and uncertainty. |
| 6. | Uses mathematical modeling in insurance premium calculations. |
| 1. | Finans Matematiği (Excel Uygulamalı), Ramazan Aktaş M. Mete Doğanay Ali Alp Ekin Tokat, ISBN: 9789944165426 Ağustos 2009, Ankara, Gazi Kitabevi |
| 2. | Mathematics for Finance: An Introduction to Financial Engineering (Springer Undergraduate Mathematics Series) |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %40 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 3 | 70 |
| Midterm Examination | 1 | 20 | 1 | 21 |
| Final Examination | 1 | 30 | 1 | 31 |
| TOTAL WORKLOAD (hours) | 122 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | PÇ-10 | |
OÇ-1 | 5 | 4 | 5 | 3 | 3 | 2 | 1 | 3 | 2 | 2 |
OÇ-2 | 5 | 4 | 5 | 3 | 3 | 2 | 1 | 3 | 2 | 2 |
OÇ-3 | 4 | 3 | 4 | 2 | 2 | 2 | 1 | 3 | 2 | 2 |
OÇ-4 | 5 | 4 | 5 | 3 | 3 | 3 | 1 | 3 | 3 | 3 |
OÇ-5 | 5 | 4 | 5 | 4 | 4 | 3 | 2 | 3 | 3 | 3 |
OÇ-6 | 5 | 4 | 5 | 3 | 3 | 3 | 2 | 3 | 3 | 3 |