Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
3BNS 231Financial Mathematics3+0+03526.10.2026
Course Details
Language of Instruction Turkish
Level of Course Unit Associate Degree
Department / Program Banking and Insurance
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course The aim of the course is to apply mathematical operations in the fields of banking and insurance and to solve mathematical problems related to finance.
Course Content Finance mathematics, time value of money, pro forma financial statements, financial planning, cash and similar assets management, breakeven and leverage analysis, interest concepts, simple interest, compound interest and its applications, simple discount, compound discount, annuities, bond valuation, risk return calculations.
Course Methods and Techniques
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Asist Prof.Dr. Saltuk Ağıralioğlu saltuk.agiralioglu@hku.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Finance Mathematics, Bahadtin Rüzgar

Course Category
Social Sciences %100

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 40
Final examination 1 % 60
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 6 84
Mid-terms 1 4 4
Final examination 1 6 6
Total Work Load   Number of ECTS Credits 4,5 136

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Will be able to learn the basic concepts of finance mathematics such as simple interest, compound interest, simple discount, compound discount, real interest, nominal interest and effective interest.
2 Will be able to calculate the annual effective interest given the nominal interest and interest calculation period.
3 Calculate the future and present value of money.
4 Will be able to calculate the remaining debt amount given the set of debt payments.
5 Bir hisse senedinin değerini hesaplayabilecek.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Definition and importance of interest The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
2 Simple interest calculations The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
3 simple external discount The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
4 Simple internal discount The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
5 Equivalent securities, simple interest applications The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
6 Compound interest calculations The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
7 Annuity calculations The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
8 Mid-term Exam
9 Annuity calculations The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
10 Debt amortization The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
11 Debt amortization The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
12 Evaluation of bonds The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
13 Evaluation of stocks The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.
14 Evaluation of stocks The topics that were covered last week and that will be covered this week are read from books and other sources and watched from videos.

 
Recommended Optional Programme Components
Veri yok
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12 P13 P14
All 4 4 2 2
C1
C2
C3
C4
C5

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant