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University of Lucknow, UP
General
Financial Mathematics
University of Lucknow, UP, General Semester 1, Financial Mathematics Syllabus
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Syllabus
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Unit - 1 Introduction
1.1 Ratios Variations and Proportions
1.2 Simple and compound interest.
1.3 Kinds of interest rates Effective rate nominal rate
1.4 Force of interest rates Effective rate nominal rate
1.5 force of interest.
1.6 Calculation of accumulated value using different kinds of interest rates
Unit - 2 Present value calculation and discount rate
2.1 Present value calculation and discount rate.
2.2 Nominal rate of discount and its relationship with effective rate of discount.
2.3 Equation of payments interest Discount
Unit - 3 Valuation of annuities
3.1 Valuation of annuities.
3.2 Present value of annuity. Present value of annuity payable p time in a given period
3.3 Present value of deferred annuity.
3.4 Present value of varying annuity.
3.5 In a given duration the accumulated value of an annuity payable at p time
Unit - 4 Analysis of annuity
4.1 Analysis of annuity.
4.2 Calculation of capital component and interest.
4.3 Components of instalment
4.4 Outstanding liabilities after nth instalment
4.5 Sinking funds
4.6 Reserve value of policy
4.7 Surrender value of policy
4.8 Valuation of securities
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Other Subjects of Semester-1-
Financial accounting
Foreign trade of india
Principles of economics
Essentials of management
Indian economy and public finance
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