This course aims to give students a broad view of the importance of Financial Calculus for a correct investment decision of financial resources, through the presentation of the fundamental concepts of Mathematics and Financial Calculus, and the subsequent resolution of exercises applied to concrete situations of financial life.
Learning objectives and expected outcomes
Students are supposed to: a) Understand and apply the concepts of capitalization, discount, rents and fees, and also acquire general and specific knowledge of loan repayment and its application to financial products (bonds, issuance of public debt, corporate issues and close figures). b) Understand these concepts, either to examine different investment alternatives, as to study different options in the use of credit, aspects that are of importance at a time of increased proliferation of financial products and services. c) Develop critical reasoning of real life situations when offering financial products, provided by the bases that allow us to understand the techniques used in the development of these products. d) Acquire knowledge and eminently practical skills, valuing the future exercise of their professional activity e) Understand a few of the financial transactions carried out in business, as well as the design and analysis of investment strategies and funding.
Skills to be developed To create and develop skills that allow: a) the numerical skill and quantitative abilities, including data analysis, interpretation and extrapolation, with the development of logically consistent reasoning b) the reading and comprehension of articles of economical and corporate character c) the development of logical, critical and analytical thinking in a creative manner d) the ability to discuss the multiple dimensions of corporate phenomena e) the correct application of the terminology and language of the economical, corporate and accounting phenomena f) the application of mathematical and statistical formulations in the analysis of economical-corporate phenomena g) the performance of calculus, based on the numerical data obtained by external or internal sources of corporations h) the knowledge of the policy in financial loans, active or passive, in short, medium and long term i) the elaboration of performance reports of real financial cost, real interest rates, deadlines, etc.
Programme
I. Capitalization and discount schemes
I.1 Capitalization I.2 Discount
II. Equivalence of capital
III. Income from constant terms
III.1 Whole lace III.2 Fractional income III.3 Perpetual lace
IV. Loan repayments
IV.1 Description of a loan IV.2 Study of the various loan repayment modalities
Demonstration of the syllabus coherence with the curricular unit's learning objectives
Chapters I is intended to instill in the student the different modes of capitalization and their implication in the associated gains / losses.
Chapter II will allow us to develop a critical spirit in the questioning of the real situations of supply of financial products, by the bases provided that allow to understand the techniques used in the development of financial products.
Chapters III and IV will clarify general and special options for the amortization of financing and their application to financial products.
Main literature
Matias, Rogério;Cálculo Financeiro - Teoria e Aplicações, Escolar Editora, 2018
Matias, Rogério;Cálculo Financeiro Exercícios Resolvidos Vol. II, Escolar Editora, 2018
Supplementary Bibliography
Coelho, Luís Filipe; Coelho, Miguel Teixeira;Cálculo Financeiro - Manual para Entender os Princípios do Cálculo Financeiro Volume II: Do cálculo de rendas à amortização de empréstimos ordinários,, Quid Juris, 2017
Coelho, Luís Filipe; Coelho, Miguel Teixeira;Cálculo Financeiro - Manual para Entender os Princípios do Cálculo Financeiro. Volume I: Do Regime de Juros à Equação de Valor, Quid Juris, 2017
Learning Methods
Oral presentation of concepts. Resolution of consolidation exercises.
Assessment Components
Avaliação distribuída com exame final
Assessment Components
Description
Type
Time (hours)
Conclusion Date
Attendance (estimated)
Lessons
45
Evaluation
Teste/Exame
3
Study
Study
112
Total:
160
Continuous Assessment
- 1st test: weight of 35% - 2nd teste: weight of 45% - Job: weight of 20%
Under the Undergraduate Regulations:
a) The effective attendance of students in class will be recorded and, if the number of absences per student exceeds 30% of the total number of contact sessions for each course unit, will be automatically transferred to the final evaluation of the normal season; b) In the written tests and in the defined evaluation elements it is necessary to obtain a minimum grade of 7.5 points; c) If the student misses or achieves a grade lower than 7.5 points in the tests or evaluation elements referred to in the previous number, he / she will be automatically transferred to the final evaluation of the normal season; d) If the student misses or achieves a grade lower than 7.5 points in the second written test (held on the same date as the final written test of the normal season), he / she may require registration for evaluation at the time of appeal; e) All written academic work provided for in the assessment (reports, case studies, etc.) must be submitted to the Turnitin database, available on the ISAG E-Learning platform, with a similarity rate up to 30% acceptable.
Final Exam
Final exam for 100%
Demonstration of the coherence between the teaching methodologies and the learning outcomes
Cognitive skills are developed through exposure and discussion in problem solving, but also in individual problem solving. The skills of sharing and teamwork are developed in supervised group work. Communication skills are acquired throughout the UC.