FINC205-17S2 (C) Semester Two 2017

Quantitative Finance

15 points

Details:
Start Date: Monday, 17 July 2017
End Date: Sunday, 19 November 2017
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 30 July 2017
  • Without academic penalty (including no fee refund): Sunday, 15 October 2017

Description

Introduction to personal finance using calculus and statistics: simple and compound interest; annuities and pensions; amortisation and mortgages; taxes; insurance; credit cards; stocks, bonds and risk.

Learning Outcomes

At the end of the course students should be able to:
1. Prove elementary financial theorems not seen before.
2. Apply compound interest principles to solve problems in the time value of money.
3. Calculate and use durations and convexities to estimate the price risk of bonds.
4. Calculate risk reductions in small portfolios of stocks with correlations less than one.
5. Value stocks based on price and dividend information.
6. Apply the no arbitrage principle to value simple derivatives using the binomial asset pricing
model.

Prerequisites

(1) MATH102 or MATH108 or MATH199; and (2) STAT101 or MSCI110. RP: MATH103

Recommended Preparation

Course Coordinator

William Rea

Course links

Course Outline

Indicative Fees

Domestic fee $775.00

International fee $3,188.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

Minimum enrolments

This course will not be offered if fewer than 20 people apply to enrol.

For further information see Department of Economics and Finance .

All FINC205 Occurrences

  • FINC205-17S2 (C) Semester Two 2017
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