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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Commercial Mathematics MUP110 Compulsory Associate degree 1 Spring 3

Name of Lecturer(s)

Associate Prof. Dr. Sinan AYDIN
Associate Prof. Dr. Mehmet Emre ERGİN
Assistant Prof. Dr. Barış AKSU
Assistant Prof. Dr. Metin BAYRAK
Lecturer Tülin BAYRAKTAR
Lecturer Sidar ÇINAR
Lecturer Mustafa OF

Learning Outcomes of the Course Unit

1) Describe the products and services in the financial markets.
2) Explain the price formation of financial products and services
3) Use the mathematical techniques for pricing the new financial products and services.
4) Examine the prices of products and services at Banking and Insurance sector
5) Evaluate the market prices of the means of mathematical techniques learned.
6) Prepare the pricing of the developing and becoming more complex financial products.

Program Competencies-Learning Outcomes Relation

Bölümün/programın program yeterlilikleri sistemde olmadığından ilişkilendirme işlemi yapılamamıştır.

Mode of Delivery

e-course

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

None

Course Contents

Simple Interest, Interior and Foreign Interest, Simple Discount, Common Maturity, Average Maturity, Compound Interest, Domestic and Foreign Interest, compound discount, common term, average maturity, maturity, replacement, nominal and real interest, Installments, payment amount, interest rate and calculation of the number of installments. Calculation of changing installment annuity.

Weekly Schedule

1) Ratio
2) %
3) Gross margin
4) Interest
5) Discount
6) Discount
7) Bonds
8) Mid-term
9) Compounded interest
10) Effective interest
11) Compounded discount
12) Bonds
13) Annuities
14) Annuities
15) Debt payments
16) Final exam

Recommended or Required Reading

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion


Assessment Methods and Criteria

Contribution of Short Exam / Quiz to Course Grade

20%

Contribution of Final Examination to Course Grade

80%

Total

100%

Language of Instruction

Turkish

Work Placement(s)

Not Required