Code
MUSF FIN 2201
Level
L2
Field
Finance
Language
Anglais/English
ECTS Credits
3
Class hours
20
Total student load
80
Program Manager(s)
Department
- Data analytics, Économie et Finances
- Service Bachelor
Educational team
Introduction to the module
The main objective of this course is to provide an introduction to the basic mathematical concepts and techniques used in finance and business.
Learning goals/Programme objectives
- LG3 Having the foundations of responsible and sustainable management
Learning objectives/Intended learning outcomes
- 3.1 - Understand and employ basic concepts, knowledge and theories related to the discipline
- 3.2 - Apply discipline knowledge appropriately and effectively
Rubrics
— (CPS16) Apprentissage continu : La volonté et la capacité d'acquérir de nouvelles informations et compétences, et de les appliquer pour résoudre des problèmes.
— (CDK16) Faire des choix en matière d'investissement et de financement
— (CDK33) Définition des indicateurs financiers et non financiers
Content : structure and schedule
At the end of the course, students will be able to:
• understand the mechanisms related to short-term and long-term transactions (simple interest and compound interest),
• use the principle of discounting and capitalization ,
• present the amortization table of a loan,
• make the appropriate decision and arbitrage about the future investments.
The course consists of 4 chapters:
- Simple and compound Interest
- Discounting and capitalization principles
- Amortization of borrowings
- Obligations and valorization
Sustainable Development Goals
N°4 – Education de qualité
N°8 – Travail décent et croissance économique
Number of SDG's addressed among the 17
2
Learning delivery
synchrone
Pedagogical methods
Sessions last 3 hours and alternate between lectures, exercises and discussion.
The course topics will be presented by the teacher in lectures supported by visual aids (e.g. PowerPoint slides) and bibliographical aids such as books . Throughout the course, students will be given homework assignments on topics and concepts covered in class. Participation in class and debate with the learners will be encouraged in order to better assimilate the course content, as well as to better address the questions raised by the learners.
Evaluation and grading system and catch up exams
3 tests to be scheduled during class sessions, ech one counts for 1/3 of the module mark.
If the module is not validated, a 2-hours retake exam will be scheduled in May. In this case, the mid term marks are cancelled.
Module Policies
Professor-Student Communication
● The professor will contact the students through their school email address (IMT-BS/TSP) and the Moodle portal. No communication via personal email addresses will take place. It is the student responsibility to regularly check their IMT-BS/TSP mailbox.
● Students can communicate with the professor by emailing him/her to his institutional address. If necessary, it is possible to meet the professor in his office during office-hours or by appointment.
Students with accommodation needs
If a student has a disability that will prevent from completing the described work or require any kind of accommodation, he may inform the program director (with supporting documents) as soon as possible. Also, students are encouraged to discuss it with the professor.
Class behavior
● Out of courtesy for the professor and classmates, all mobile phones, electronic games or other devices that generate sound should be turned off during class.
● Students should avoid disruptive and disrespectful behavior such as: arriving late, leaving early, careless behavior (e.g. sleeping, reading a non-course material, using vulgar language, over-speaking, eating, drinking, etc.). A warning may be given on the first infraction of these rules. Repeated violators will be penalized and may face expulsion from the class and/or other disciplinary proceedings.
● The tolerated delay is 5 minutes. Attendance will be declared on Moodle during these 5 minutes via a QR code provided by the teacher at each course start.
● Student should arrive on time for exams and other assessments. No one will be allowed to enter the classroom once the first person has finished the exam and left the room. There is absolutely no exception to this rule. No student can continue to take an exam once the time is up. No student may leave the room during an examination unless he / she has finished and handed over all the documents.
● In the case of remote learning, the student must keep his camera on unless instructed otherwise by the professor.
Honor code
IMT-BS is committed to a policy of honesty in the academic community. Conduct that compromises this policy may result in academic and / or disciplinary sanctions. Students must refrain from cheating, lying, plagiarizing and stealing. This includes completing your own original work and giving credit to any other person whose ideas and printed materials (including those from the Internet) are paraphrased or quoted directly. Any student who violates or helps another student violate academic behavior standards will be penalized according to IMT-BS rules.
Textbook Required and Suggested Readings
Mathematics for Economics and Business, Ian Jacques, 2018, Pearson, 9th edition
Mathematics for economic business, Lorenzo Peccati, Sandro Salsa et Annamaria Squellati, 2016 , Broché.
Keywords
Simple interest, coupound interset, loan amortization, discounting...
Prerequisites
Introduction à la gestion comptable ACC1201; Principes de base de gestion financière FIN1201 ou similaire/Introduction to Accounting ACC1201; Fundamentals of Financial Management FIN1201 or similar