Financial Mathematics
Financial Mathematics is a branch of modern mathematics that plays a crucial role in finance. This module aims to enable students to master financial mathematics methods and techniques, focusing on their applications in banking, investment, and economic management.
Students will learn about the mechanisms used in commercial banks and financial institutions related to lending, depositing, and loan repayment, which are important quantitative decision-making tools. The course will cover different types of interest, methods of interest calculation, and approaches to evaluating investment projects. By the end of the module, students will acquire the skills necessary to apply financial mathematics effectively in real-world scenarios, allowing them to make informed, data-driven financial decisions.