Overview
The foundational mathematical techniques (algebra, matrices, and calculus) required in understanding finance with an emphasis on applications (time value of money, portfolio optimization, and derivative securities).
This paper is a prerequisite for some higher-level finance and economic papers. It assumes a minimal background in mathematics and aims to give the students an introduction to each topic.
About this paper
| Paper title | Mathematical Foundations for Finance |
|---|---|
| Subject | Finance |
| EFTS | 0.15 |
| Points | 18 points |
| Teaching period(s) | Semester 1
(On campus)
Semester 2 (On campus) |
| Domestic Tuition Fees ( NZD ) | $1,053.30 |
| International Tuition Fees | Tuition Fees for international students are elsewhere on this website. |
- Restriction
- MATH 102 or MATH 160
- Schedule C
- Commerce
- Contact
Semester 1: anindya.sen@otago.ac.nz
Semester 2: beam.aschakulporn@otago.ac.nz
- Teaching staff
Semester 1: Dr Anindya Sen
Semester 2: Dr Beam Aschakulporn
- Teaching Arrangements
This paper is taught via lectures and quizzes.
- Textbooks
Highly recommended:
Essential Mathematics for Economics and Business, Teresa Bradley and Paul and Patton, 3rd or 2nd edition.- Course outline
- Graduate Attributes Emphasised
- Communication, Critical thinking, Research, Self-motivation.
View more information about Otago's graduate attributes. - Learning Outcomes
Students who successfully complete this paper should be able to:
- Understand and use equations, formulae and mathematical expressions and relationships in a variety of contexts
- Apply the knowledge in mathematics (algebra, matrices, calculus, optimisation) in solving business problems
- Demonstrate mathematical skills required in mathematically intensive areas in commerce, such as economics and finance
- Demonstrate critical thinking, modelling and problem-solving skills in a variety of contexts