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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
MATHEMATICS OF FINANCE TBS355 - 3 + 0 5

TYPE OF COURSE UNITElective Course
LEVEL OF COURSE UNITBachelor's Degree
YEAR OF STUDY-
SEMESTER-
NUMBER OF ECTS CREDITS ALLOCATED5
NAME OF LECTURER(S)-
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) Can calculate percentage, cost and profit.
2) Can understand why money has time value.
3) Establish the relationship between nominal interest, real interest, effective interest, risk and inflation.
4) Can make simple interest and simple discount calculations.
5) Can make compound interest and compound discount calculations.
6) Can make calculations related to installment payments.
7) Can make debt repayment plans.
8) Can calculate gross and net costs in loan transactions.
9) Can compare different types of financing.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTNone
COURSE DEFINITIONThe aim of the course is to comprehend the financial applications of mathematics and to have knowledge about its real-life applications.
COURSE CONTENTS
WEEKTOPICS
1st Week Percentage, Cost and Profit Calculations, Ratio and Proportion
2nd Week Simple Interest and Simple Discount
3rd Week Simple Interest and Simple Discount
4th Week Compound Interest and Compound Discount
5th Week Compound Interest and Compound Discount
6th Week Future Value in Annuities
7th Week Present Value in Annuities
8th Week Midterm
9th Week Debt Payments
10th Week Debt Payments
11th Week Valuation in Bonds
12th Week Valuation in Bonds
13th Week Valuation in Stocks
14th Week Valuation in Stocks
RECOMENDED OR REQUIRED READINGNurhan Aydın, Finans Matematiği, Detay Yayıncılık, 2009.
Emine Ebru Aksoy, Finans Matematiği, Gazi Kitabevi, 2017.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Questions/Answers,Problem Solving
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term130
Assignment110
Quiz110
Total(%)50
Contribution of In-term Studies to Overall Grade(%)50
Contribution of Final Examination to Overall Grade(%)50
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam111
Preparation for Quiz248
Individual or group work13339
Preparation for Final exam12020
Course hours14342
Preparation for Midterm exam11515
Laboratory (including preparation)
Final exam111
Homework21224
Total Workload150
Total Workload / 305
ECTS Credits of the Course5
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
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K7  X   X   X   X   X   X   X   X   X