MATH 2190 Financial Mathematics

Year
Year 2
Semester
First Semester
Credit
3
Program Description

Time value of money, valuation, and financial modeling for accounting professionals.

About this course

MATH 2190 Financial Mathematics covers the time value of money, valuation techniques, and financial modeling designed for accounting professionals. You will work with compound interest, annuities, bonds, and loan amortization schedules, using spreadsheet tools to build practical financial models.

The course prepares you to apply mathematical methods to real-world accounting scenarios, including investment appraisal, capital budgeting, and risk analysis. You will practice translating business problems into quantitative models and interpreting results for stakeholders.

Who takes this course

Credits: 3 · Hours: 45

Prerequisites

Learning outcomes

  • Calculate present and future values for single sums and annuities.
  • Apply financial mathematics to loan amortization and bond valuation.
  • Build and interpret financial models for business decision-making.
  • Use spreadsheet software to automate complex financial calculations.

Evaluation

Component Weight (%)
Midterm examination 30
Final examination 40
Financial modeling project 20
Quizzes and homework 10