Foundations in Financial Mathematics

This course primarily deals with the tools and techniques to understand the mathematics associated with managing business operations. For example, probability and risk play an important role in developing business strategy, whereas preparing forecasts and establishing the relationships between variables are an integral part of budgeting and planning. This course introduces interest rates, annuities and investment appraisals required for projects. Finally, it teaches students how to prepare graphs, tables and spreadsheets to aid calculations, the manipulation of data and the presentation of information to users.