|
|
|
||
Survey of modern methods of financial and insurance calculations applied in financial and insurance practice: types of
interest compounding, annuities, systems of cash flows, investment rules, short-term and long-term securities, bonds, stocks
and stock exchange indicators, derivative securities, financial risk, speculation on securities, portfolio theory, CAPM model,
basic insurance principles, Life Tables, calculations in life insurance, pension insurance. In the summer semester, the
course is in English.
Last update: T_KPMS (13.05.2013)
|
|
||
The students should master basic procedures of modern financial and insurance mathematics and solve simple problems of financial and insurance practice. Last update: T_KPMS (13.05.2013)
|
|
||
Exam:
1. Possibility of written exam test: 5 numerical examples covering the course; only one term for this test in the end of semester; a correction is possible by means of an oral exam.
2. Otherwise the oral exam with requirements corresponding to the syllabus of the course. Last update: Zichová Jitka, RNDr., Dr. (20.04.2018)
|
|
||
Cipra, T.: Practical Guide to Financial and Insurance Mathematics. Ekopress, Praha 2020 (také česky: Praktický průvodce finanční a pojistnou matermatikou. Ekopress, Praha 2015). Cipra, T.: Financial and Insurance Formulas. Springer, Heidelberg 2010 (také česky: Finanční a pojistné vzorce. Grada Publishing, Praha 2006). Cipra, T.: Matematika cenných papírů. Professional Publishing, Praha 2013. Cipra, T.: Finanční ekonometrie. Ekopress, Praha 2013 (2.vydání). Cipra, T.: Riziko ve financích a pojišťovnictví: Basel III a Solvency II. Ekopress, Praha 2015. Cipra, T.: Pojistná matematika: teorie a praxe. Ekopress, Praha 2006. Cipra, T.: Zajištění a přenos rizik v pojišťovnictví. Grada, Praha 2004. Cipra, T.: Penze: kvantitativní přístup. Ekopress, Praha 2012. Cipra, T.: Penzijní pojištění a jeho výpočetní aspekty. HZ, Praha 1996.
Last update: Cipra Tomáš, prof. RNDr., DrSc. (04.09.2023)
|
|
||
Lecture. Last update: T_KPMS (13.05.2013)
|
|
||
1. Possibility of written exam test: 5 numerical examples covering the course; only one term for this test in the end of semester; a correction is possible by means of an oral exam.
2. Otherwise the oral exam with requirements corresponding to the syllabus of the course.
It is probable that a part of exams will be possible in a distance form. It depends on the actual situation and you will be informed on all changes in time. Last update: Cipra Tomáš, prof. RNDr., DrSc. (30.04.2020)
|
|
||
1. Simple interest and discount, calendar conventions. 2. Discount securities (bills of exchange, T-bills, checking account). 3. Compound interest and discount, continuous and random compounding. Inflation, real interest rate. 4. Time value of money. Systems of cash flows. Investment rules. 5. Annuities, perpetuities and deferred annuities. 6. Amortization of debt. 7. Bonds (types of bonds, bond pricing, yield curve, duration). 8. Stocks (stock pricing, stock analysis, rights issue). 9. Derivative securities (forwards, futures, swaps, options). 10. Speculation on securities, security exchanges, stock indices. 11. Financial risk. Portfolio analysis. Diversification. CAPM model. 12. Insurance classification. 13. Life Tables, commutation functions. 14. Basic calculation in life insurance. 15. Basic calculation in non-life insurance. 16. Pension insurance. Last update: Cipra Tomáš, prof. RNDr., DrSc. (04.09.2023)
|
|
||
Basic knowledge of mathematical statistics and theory of probability. Last update: Cipra Tomáš, prof. RNDr., DrSc. (24.04.2018)
|