Introduction to Financial Mathematics
This course will cover all essential fundamentals of the mathematical techniques and terminology used in the marketplace and provide a solid understanding of many of the fundamental techniques used by financial markets participants.
Overview
1.4KSTUDENTS*
95%RECOMMEND*
This course includes:
- 4.5 hours of on-demand video
- 8 modules
- Foundational level
- Direct access/chat with the instructor
- 100% self-paced online
- Shareable certificate of completion
Financial markets necessarily involve the pricing and valuation of assets as well as the assessment and management of risk. There are many conventions and uses of terminology that may not be familiar to those not actively involved in those markets
In this course, we will cover all essential fundamentals of the mathematical techniques and terminology used in the marketplace. This course is delivered in a simple easy to understand manner. Don’t be put off if you’re not a mathematician. On completion you will have a solid understanding of many of the fundamental techniques used by financial markets participants and be able to apply them in your analysis.
We will understand the nature of valuation and the quantification of risk and provide the building blocks to take your knowledge further.
Skills You Will Gain
Asset
IRR
NPV
Time value of money
Learning Outcomes (At The End Of This Program, You Will Be Able To...)
- Interest Rate quoting conventions Nominal rates, EAR, continuously compounded rates
- Calculating returns. Discrete, continuous and real returns
- Time value of money. Discounted cash flows, Net Present Value, Internal Rate of Return
- Basic statistics. Covariance, correlation, regression
- Probability distributions. Normal and lognormal
- Volatility, Annual and period volatility
Prerequisites
- None
Who Should Attend
- Anyone with an interest in how financial markets work.
- Anyone wanting an insight into the fundamentals, terminology and application of financial maths techniques.
- Anyone undertaking a financial degree.
- New investment banking hires.
- Anyone interested in investing.
