FIN 311 - Mathematics for Financial Analysis

1 course unit

The study and application of the mathematical tools needed for making financial decisions. Present value and future value are reviewed in preparation for more advanced topics, including mortgages, bond valuation, yields, duration, and convexity. Bond immunization strategies are covered. Other topics include foreign currency futures, the optimal hedge ratio, gap analysis, interest rate swaps, pension funding and advanced issues in capital budgeting. Teamwork is emphasized through a team research project and team presentations. The use of Excel is integrated throughout the course.
Prerequisite(s): ECN 101 - Principles of Macroeconomics and ECN 102 - Principles of Microeconomics , and MTH 119 - Statistical Analysis or MTH 331 - Mathematical Statistics I and MTH 332 - Mathematical Statistics II , and MTH 121 - Calculus I .