Value & Risk

 
 

The key aims of this course are to provide an introduction to financial mathematics, with particular application to investment and insurance.  We’ll introduce the idea of compound interest and the time value of money, and develop the theory to see how agents react under conditions of uncertainty.  We will develop a model of how individuals make investment and insurance decisions when faced with risk; we will explore the trade-off between risk and reward, and the foundations of valuing securities and choosing a portfolio.


For resources and problem sheets please see Weblearn:

Undergraduates: Weblearn SB4 Overview

MSc: Weblearn SM10 Course Material


I know it’s annoying to have this behind a password, but it’s much easier to update than this site.

Course: SB4

Actuarial Science


Lectures:

Michaelmas Term

Thursdays 10am

Fridays 9am


Statistics Department, St. Giles


Classes

Undergraduates:

4 classes of 1.5 hours each

See sign-up site


MSc:

4 classes of 1 hour each

Fridays 10am, weeks 5, 6, 8

[4th class TBC]