Czech

Not applicable.

After completing the course, students will be able to understand the principles and function of the financial decision-making and to use acquired knowledge and skills for modeling of financial and insurance phenomena and solving of basic problems in these areas by conventional means of engineering mathematics.

Basic courses university mathematics: percentages, adjustment of expressions, solving equations, inequations, and their systems, functions (basic terms, properties and graphs of elementary functions), sequences and series (especially arithmetic and geometric), averages. The basic use of mathematical software for computations, visualizations, simulations and modeling of financial phenomena. Orientation in selected categories in the economic environment.

Not applicable.

The course contains lectures that explain basic principles, problems and methodology of this discipline. There are solved typical examples and tasks.

To obtain the course-unit credit it is required: processing assigned tasks, semester project and successful completion of a credit test (evaluation A to E).
The course-unit credit is a necessary prerequisite for the exam execution.
Conditions for exam:
The course-unit credit is a necessary prerequisite for the exam execution. Exam demonstrates knowledge of taught topics and its practical application. Form of examination is combined: a written part (60 minutes), and a short oral part. The core of exam is a written part. Oral part follows a written part and it is used to more specification of a final classification. To the exam are admitted only students who are logged into the BUT system. Classification methods depend on the BUT Rules for Studies and Examinations using the ECTS grading scale

Fundamentals of mathematical methods aimed to discipline - brief summary
Interest
Savings
Time value of money; Investment decision-making
Pensions
Loans; Installment plan
Bond
Shares
Portfolio theory
Future contracts; Speculation in securities; Currency rates
Insurance

Not applicable.

The aim of the course is to acquaint students with the basic concepts and relations in the field of modern finance in the application of mathematical methods, applications in the real examples and other practical knowledge.s.

Attendance at lectures is not compulsory, but is recommended.
Attendance at exercises is compulsory and regularly monitored. Student must to excuse his absence. The independent processing of assigned tasks in excercises are checked. In the case of non-fulfilment given conditions in excercises the teacher can set additional condition.

Not applicable.

Not applicable.

CIPRA, T.: Praktický průvodce finanční a pojistnou matematikou. Vyd. III. Praha: Ekopress. 308 s. 2015. ISBN: 978-80-87865-18-7. (CS)
KARATSAZ., I. and SHREVE, S.E. Methods of Mathematical Finance. 2. vydání. Springer. 1999. ISBN-13: 978-0387948393. (CS)
RADOVÁ, J., DVOŘÁK, P. and MÁLEK, J.. Finanční matematika pro každého. 8. rozšířené vydání. Praha: Grada Publishing, a.s. 304 s. 2013. ISBN:078-80-247-4831-3. (CS)

Bohanesová, E. 2006. Finanční matematika 1. Vyd. 1. Univerzita Palackého v Olomouci Přírodovědecká fakulta, 118 s. ISBN 80-244-1294-2. (CS)
MACHÁČEK, O. Finanční a pojistná matematika: úrok a úročení, modely opakovaných plateb, burzovní operace při složeném úročení, pojistné operace. 2.vydání, Praha: Prospektrum. 213 s. 3001. ISBN 80-7175-104-9. (CS)
RADOVÁ, J. a kol. Finanční matematika pro každého, příklady + CD-ROM. 2. přepracované vydání.Praha: Grada publishing, a.s. 256 s. 2011. ISBN978-80-247-3584-9. (CS)