Financial Mathematics (5 cr)
Code: LL00DZ70-3001
General information
Enrollment
15.08.2020 - 04.09.2020
Timing
26.10.2020 - 18.12.2020
Number of ECTS credits allocated
5 op
Virtual portion
3 op
Mode of delivery
40 % Contact teaching, 60 % Distance learning
Unit
Department of Logistics and Marine Technology
Campus
Kotka Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Business Logistics
Teachers
- Virpi Aalto
Teacher in charge
Virpi Aalto
Groups
-
LLKT20SPBusiness Logistics, full-time studies
Objective
You know how to carry out the most common calculations of economic mathematics.
You are able to apply economic mathematics and use logical reasoning when solving financial problems.
You are able to assess the impact of the selected solutions.
You know how to use a spreadsheet program in making calculations.
Content
How do you calculate and apply indexes?
How do you resolve interest and interest rate calculations and their commercial applications?
How do you use periodic performances in economics?
How do you take advantage of a spreadsheet program (Excel) in economic mathematics?
Teaching methods
Scheduled track:
Index, interest and interest rate calculations. Periodic performances in economics and the basis for the presentation and interpretation of the statistical information. Excel in financial mathematics.
Independent track:
Index, interest and interest rate calculations. Periodic performances in economics and the basis for the presentation and interpretation of the statistical information. Excel in financial mathematics.
Blended track:
Index, interest and interest rate calculations. Periodic performances in economics and the basis for the presentation and interpretation of the statistical information. Excel in financial mathematics.
Evaluation scale
1-5
Qualifications
Basic mathematics
Optional studies: Basic mathematics for logistics