Financial and Actuarial Mathematics

Basic Information

M008 (2+2+0) - 5 ECTS credits

In lectures and exercises, students will be acquainted with basic terms, symbols and principles of financial and actuarial mathematics. Fundamental techniques of financial mathematics will also be demonstrated to students, with examples and application in everyday business situations.

You can access the course content at the following link: PDF

Teachers

Basic literature

  1. D. Bakić, D. Francišković, Financijska i aktuarska matematika, Odjel za matematiku Sveučilište J. J. Strossmayera u Osijeku, 2013, skripta.
  2. J. J. McCutcheon, W. F. Scott, An Introduction to the Mathematics of Finance, Institute and Faculty of Actuaries, Butterworth – Heinemann, 1986.
  3. A. Neill, Life contigencies, Heinemann, 1977.

Additional literature

  1. M. Crnjac, D. Jukić, R. Scitovski, Matematika, Ekonomski fakultet, Sveučilište u Osijeku, Osijek, 1994.
  2. H.U. Gerber, Life Insurance Mathematics, Springer-Verlag Berlin Heidelberg and Swiss Association of Actuaries Zürich, 1990.
  3. V. Hari, Financijska matematika, Matematički odjel, Zagreb, 2001.
  4. E. Caprano, A. Gierl,  Finanzmathematik, Verlag Franz Vahlen, München, 1992.
  5. B. Relić, Gospodarska matematika, Računovodstvo i financije, 1996.

Teaching materials

The materials are available on the internal Teams channel of the course, through which all internal communication takes place. Students are required to register on the course’s Teams channel. The channel code for joining the course can be found in the schedule.