Financial Mathematics

Modified

October 4, 2026

Abstract

How do we compare, value, and arbitrate financial flows that occur at different points in time? This course equips Master 1 business-school students with the tools to answer that question rigorously.

Ce cours est disponible en français

The complete course materials — including interactive exercises, OJS demonstrations, and a full glossary — are available in French:

→ Mathématiques financières (version française)

Course Overview

This financial mathematics course is designed for Master 1 students at a business school. Over 18 hours spread across three intensive days, students develop the analytical tools needed to compare cash flows across time, value financing instruments, and evaluate investment decisions under uncertainty.

The course follows a three-step progression:

  1. Calculating and comparing cash flows — time value of money, compounding, discounting, rate conversion, annuities.
  2. Valuing financing instruments — loan amortization, actuarial cost of credit, bond valuation and interest-rate sensitivity.
  3. Evaluating investment decisions — NPV, IRR, payback period, sensitivity analysis, and scenario modelling.

Full English Course — Coming Soon

A fully structured English version of this course (interactive exercises, OJS demonstrations, formal proofs, glossary) is in preparation.

In the meantime, the complete course materials are available in French:

→ Mathématiques financières (version française)