BE399-7-AU-CO: Postgraduate Mathematics Preparation
Department: Essex Business School
Essex credit: 0
ECTS credit: 0
Available to Study Abroad / Exchange Students: No
Full Year Module Available to Study Abroad / Exchange Students for a Single Term: No
Outside Option: No
Dr Mark Hallam
Dr Mark Hallam
|Module is taught during the following terms
This module covers topics in mathematics that are required in finance modules at Master's level at Essex Business School. It focuses on basic algebra, compounding and discounting, calculus including optimization and dynamics. Little or no previous knowledge will be assumed. However the lectures will proceed at a quick pace, so you are expected to read the lectures notes in advance
of the lectures.
This module is compulsory for finance degree students on the MSc Banking, MSc Banking and Finance, MSc Finance, MSc Finance and Investment, MSc Financial Engineering and Risk Management and MSc International Finance programmes and for the MSc Accounting and Finance and MSc Finance and Management programmes.
* To revise or teach basic mathematical skills
* To provide students with a basis of the mathematical techniques required in finance modules at Master's level at EBS
By the end of the module, students should be able to:
* Solve basic algebraic problems
* Calculate present and future values
* Differentiate functions to find marginal values
* Identify the minimum and maximum points of functions
* Solve Lagrangean optimisation problems
* Understand the basics of optimisation under uncertainty
* Understand integration and the approach to solving dynamic equations
SKILLS FOR YOUR PROFESSIONAL LIFE (TRANSFERABLE SKILLS)
The mathematical techniques taught during the module will be useful not only during your Master's programme and future academic activities, but also in your professional life.
* Some of the methods taught will be directly applicable in professional financial roles
* More generally the mathematical skills you obtain in the course will help with problem solving tasks in professional life
Learning and Teaching Methods
The course will be delivered via a 2-hour lecture and a 1-hour class each week. Students will be allocated to a specific class and attendance at classes is compulsory and will be monitored.
This module will be examined by an open book test in Week 8. This
will not form part of your final assessment for your MSc degree.
However your BE399 mark will be published on all transcripts. It
will thus be seen by potential employers or universities to which you
may apply for further studies.
This module is compulsory for:
MSc in Accounting and Finance
MSc in Banking and Finance
MSc in Finance
MSc in Finance and Investment
MSc in Finance and Management
MSc in Financial Engineering and Risk Management
MSc in International Finance
Postgraduate Administrator - Jade D'Mello