In SA2, students learn to formulate and interpret time series models and understand methods for estimating their parameters. Emphasis is...
MATHEMATICS FOR FINANCE AND INSURANCE
The FIPM course is part of the Financial Mathematics and Models micro-certificate program, which aims to familiarize students with the basic models and principles of financial calculations, time series models, and mathematical models in econometrics through three sub-courses (FIPM, SA2, and MME). The course can also be taken independently.
AIM OF THE SUBJECT:
In the FIPM course, students learn to present mathematical procedures used in the field of financial mathematics with discrete time and life insurance (interest rates, time value of money, cash flows, annuities; investment decisions, internal rate of return, duration, debt amortization; bond-related calculations, portfolio analysis; fundamentals of actuarial mathematics, determining premiums in life insurance, calculating insurance reserves).
STUDENT ENTRY REQUIREMENTS:
Basics of linear algebra, differential calculus, and probability, knowledge of general financial terms (stocks, bonds, insurance, savings, etc.).
CONDITIONS FOR GRADUATING:
- Credits: Semester theses.
- Zkouška: Kombinated.
GUARANTORS AND TEACHERS:
- GUARANTOR: Mgr. Michal Friesl, Ph.D. (100%),
- LECTURER: Mgr. Michal Friesl, Ph.D. (100%),
- TRAINER(S): Mgr. Michal Friesl, Ph.D. (100%),
LEARNING OUTCOMES:
After completing the course, students will be familiar with the possibilities of using mainly secondary school mathematics to solve problems in the areas of financial mathematics and life insurance covered in the course.
TEACHING METHODS USED TO ACHIEVE PROFESSIONAL KNOWLEDGE:
- Problem solving,
- Demonstration of skills,
- Group consultation,
- Self-study,
- Independent student work,
- Individual consultation,
- Lecture with student participation,
Discussion,
CATEGORY
ORGANISER:
Faculty of Applied Sciences
SUBJECT ABBREVIATION:
KMA/FIPM
REGISTRATION DEADLINE:
From 15. 6. 2025 to 31. 8. 2025
DATE(S):
Winter semester 2025/2026
SUBJECT SCHEDULE/TIMETABLE:
Room – UC 235
FAV Building, Bory Campus
Thursday 1:55 p.m. – 5:25 p.m.
18. 9. 2025 – 11. 12. 2025
FORM OF STUDY:
Contact teaching: 52 hours
Preparation for partial test: 26 hours
Preparation for exam: 40 hours
Preparation of seminar paper in bachelor’s study program: 16 hours
HOW IT ENDS:
- Credits + Exam
ADRESS
Univerzitní 22, Pilsen
TO OBTAIN A MICROCERTIFICATE, YOU NEED TO ENROLL IN THE FOLLOWING COURSES
For more information about microcertificates, click HERE.
After completing all the required subjects, please fill out the application for a microcertificate.
- Academic year 2025/2025 Summer
- Academic year 2025/2026 Winter
- Art and Crafts
- Chemistry
- Czech language
- English language
- Geography
- German language
- Hobbies and free time activities
- Information Technology
- Law
- Mathematics
- Music
- Physical education
- Physics
- Programming
- Psychology
- Russian language
- Secondary school students
- Upskilling
The MME course introduces students to the creation and analysis of econometric models. They will learn to formulate regression models,...