To make fully equiped student with minimum necessary knowladge to handle financial calculation in the real world.
Introduction
Math necessary for Actuarial Math.
Interest, definition.
Simple interest
Compound interest.
Discounting
Anuite calculations.
To make investments decisions.
Prerequisite(s)
Basic Math
Corequisite(s)
None
Special Requisite(s)
College Level Math, regular attendance, follow up case studies relevant to banking.
Instructor(s)
Lecturer Ceren Erdurak
Course Assistant(s)
None
Schedule
Wednesday, 11:30-13:20, İK 2A10
Office Hour(s)
Wednesday, 14:00-15:00, 2A05
Teaching Methods and Techniques
Lecture, discussion and problem solving
Principle Sources
-Business Math, Mary Jane Sterling
Contemporary Math, Robert Brechner
Bank and Finance Math, Beşir Topaloğlu
Other Sources
-Finans Mathematics, Zehra Başkaya
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction
Oral presentation
2. Week
Fundemantals of Math.
Oral presentation
3. Week
Fractions, Decimals, Percents
Oral presentation
4. Week
Determining Percent Increase and decrease.
Oral presentation
5. Week
Simple Interest
Oral presentation
6. Week
Banking Applications, case studies
Oral presentation
7. Week
Compound Interest
Oral presentation
8. Week
Banking applications, case studies
Oral presentation
9. Week
Discounting
Oral presentation
10. Week
midterm exam
Oral presentation
11. Week
Investment decisions
Oral presentation
12. Week
Applications, case studies
Oral presentation
13. Week
Leasing & Factoring
Oral presentation
14. Week
Financial Math. applications and case studies in banking,Anuites,Anuites applications in financial sector.
Oral presentation
15. Week
Final Exam
Final Exam
16. Week
Final Exam
Final Exam
17. Week
Final Exam
Final Exam
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
40
Final Exam
1
60
Program Outcomes
PO-1
To know the responsibility about the position of their job in the field of banks and insurance companies.
PO-2
To explain the importance of research and development issues of their related field by means of individual or group studies.
PO-3
To understand the importance of follow-up the legislation in the field of profession.
PO-4
To express the importance of the banking for national economy and businesses.
PO-5
To do work of their related field by using computer. Store information and using stored information.
PO-6
To take responsibility in the management levels.
PO-7
Finding practical solutions against the problems to business activities and giving the right decision.
PO-8
Assuming responsibility in finance and banking sector and after providing legal terms opened his/her own office on behalf of, train qualified manpower.
PO-9
Analysis and interpretation balance sheet and income statement of a business.
PO-10
To make Bank and insurance accounting.
PO-11
Equipped in terms of customer relations and human resources
PO-12
To receive general information in banking and insurance and be informed about the bank and insurance law.
PO-13
To know camputer programmes well about of the profession.
PO-14
To have knowledge about professional English in banking and insurance.
Learning Outcomes
LO-1
To develop the ability of financial calculations in business and banking sector.
LO-2
To have the knowledge necessary for making investment decisions between different options.
LO-3
Learn how to calculate personal loans, interest of deposit accounts.
LO-4
Learn how to decide which loan suitable for the company and calculate the costs of credits.
LO-5
To learn to analyze the profitabiliy of personal and corporate investments.
