2023
Financial and Actuarial Calculus
Name: Financial and Actuarial Calculus
Code: GES02322L
3 ECTS
Duration: 15 weeks/78 hours
Scientific Area:
Management
Teaching languages: Portuguese
Languages of tutoring support: Portuguese, English
Regime de Frequência: Presencial
Sustainable Development Goals
Learning Goals
OBJECTIVES:
O1. To understand the financial operations of short, medium and long-term and the actuarial operations relating to life annuities and life insurance;
O2. To understand concepts and procedures for solving financial and actuarial problems;
O3. To learn, analyze and interpret the results and to make recommendations for solving financial and actuarial problems; and,
O4. To learn a set of useful concepts and procedures in the process of financial decision making.
O1. To understand the financial operations of short, medium and long-term and the actuarial operations relating to life annuities and life insurance;
O2. To understand concepts and procedures for solving financial and actuarial problems;
O3. To learn, analyze and interpret the results and to make recommendations for solving financial and actuarial problems; and,
O4. To learn a set of useful concepts and procedures in the process of financial decision making.
Contents
1. Introduction
2. Equivalence regimes and interest rates
3. Financial operations of short run
4. Ordinary annuities
5. Financial operations of medium and long run
6. Actuarial instruments and operations
2. Equivalence regimes and interest rates
3. Financial operations of short run
4. Ordinary annuities
5. Financial operations of medium and long run
6. Actuarial instruments and operations
Teaching Methods
M1. Strutured presentation on financial operations of short, medium and long-term and the actuarial operations relating to life annuities and life insurance;
M2. Illustration of concepts through examples;
M3. Processing by exercises and applications in other management and economics areas;
M4. Verification of the level of acquisition of the subject-matter during the semester of lecturing by classroom questions; and,
M5. Assessment by quizzes and exams.
In the system of continuous evaluation the final grade is based on a note two frequencies. A final note gives a weight of 55% note of the first frequency and 45% to the note of the second frequency. In the continuous evaluation, to obtain approval, the minimum grade, in each component, is 7 values.
M2. Illustration of concepts through examples;
M3. Processing by exercises and applications in other management and economics areas;
M4. Verification of the level of acquisition of the subject-matter during the semester of lecturing by classroom questions; and,
M5. Assessment by quizzes and exams.
In the system of continuous evaluation the final grade is based on a note two frequencies. A final note gives a weight of 55% note of the first frequency and 45% to the note of the second frequency. In the continuous evaluation, to obtain approval, the minimum grade, in each component, is 7 values.
Teaching Staff
