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FMT215Sciences3 Unitsintermediate

Quantitative Analysis In Finance

This course on Quantitative Analysis in Finance introduces the application of series concepts to core financial principles. It covers arithmetic and geometric series, simple and compound interest calculations, and annuity valuation. Students will learn to solve financial problems related to depreciation, loan amortization, and sinking funds. The course aims to equip students with quantitative skills essential for financial decision-making and analysis in various business contexts.

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170h
Study Time
13
Weeks
13h
Per Week
intermediate
Math Level
Course Keywords
SeriesInterestAnnuityDepreciationFinance

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
📊
Math Level
Moderate Math
🔬
Learning Type
Hands-on Practice

Course Topics

Key areas covered in this course

1

General Series

2

Arithmetic Series

3

Geometric Series

4

Simple Interest

5

Compound Interest

6

Annuities

7

Present Value

8

Amortization

9

Sinking Funds

10

Depreciation

Total Topics10 topics

Requirements

Knowledge and skills recommended for success

Basic Mathematics

Introductory Accounting

💡 Don't have all requirements? Don't worry! Many students successfully complete this course with basic preparation and dedication.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assignments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Computer Based Test

Career Opportunities

Explore the career paths this course opens up for you

Financial Analyst

Apply your skills in this growing field

Investment Banker

Apply your skills in this growing field

Accountant

Apply your skills in this growing field

Actuary

Apply your skills in this growing field

Financial Manager

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

BankingInsuranceInvestment ManagementCorporate FinanceReal Estate

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Introduction

15h

Unit 1: Series

8 study hours
  • •Define sequence and series.
  • •Determine the nth term of a sequence.
  • •Calculate the sum of the first n terms of a sequence.
  • •Solve problems related to general series.

Unit 2: Arithemic Series

7 study hours
  • •Define arithmetic sequence and series.
  • •Evaluate arithmetic progressions.
  • •Apply arithmetic progressions to financial problems.
  • •Calculate depreciation using the straight-line method.
Week
2

Module 1: Introduction

8h

Unit 3: Geometric Series

8 study hours
  • •Define geometric sequence and series.
  • •Evaluate the sum of a geometric progression.
  • •Apply geometric progressions to financial problems.
  • •Calculate depreciation using the reducing balance method.
Week
3

Module 2: Core Concepts

7h

Unit 4: Interest

7 study hours
  • •Define basic financial terms (interest, principal, amount).
  • •Explain simple and compound interest.
  • •Calculate simple interest and accrued amounts.
  • •Solve problems related to simple interest.
Week
4

Module 2: Core Concepts

8h

Unit 5: Annuity

8 study hours
  • •Calculate compound interest and accrued amounts.
  • •Determine the Annual Percentage Rate (APR).
  • •Solve problems related to compound interest.
  • •Differentiate between nominal and effective interest rates.
Week
5

Module 1: Introduction

12h

Unit 1: Series

6 study hours
  • •Review series concepts.
  • •Practice problems on arithmetic and geometric series.
  • •Apply series to financial calculations.

Unit 2: Arithemic Series

6 study hours
  • •Review arithmetic series concepts.
  • •Practice problems on arithmetic progressions.
  • •Apply arithmetic progressions to financial calculations.
Week
6

Module 2: Core Concepts

12h

Unit 3: Geometric Series

6 study hours
  • •Review geometric series concepts.
  • •Practice problems on geometric progressions.
  • •Apply geometric progressions to financial calculations.

Unit 4: Interest

6 study hours
  • •Review interest concepts.
  • •Practice problems on simple and compound interest.
  • •Apply interest calculations to financial scenarios.
Week
7

Module 2: Core Concepts

8h

Unit 5: Annuity

8 study hours
  • •Review annuity concepts.
  • •Practice problems on annuity calculations.
  • •Apply annuity calculations to financial planning.
Week
8

Module 1: Introduction

16h

Unit 1: Series

8 study hours
  • •Review all module 1 units
  • •Work on tutor marked assignments for module 1
  • •Prepare for module 1 assessment

Unit 4: Interest

8 study hours
  • •Review all module 2 units
  • •Work on tutor marked assignments for module 2
  • •Prepare for module 2 assessment
Week
9

Module 1: Introduction

16h

Unit 1: Series

8 study hours
  • •Practice exam questions on series, arithmetic progressions, and geometric progressions.
  • •Focus on problem-solving techniques and application of formulas.

Unit 4: Interest

8 study hours
  • •Practice exam questions on simple and compound interest.
  • •Focus on understanding the differences and applications of each method.
Week
10

Module 2: Core Concepts

8h

Unit 5: Annuity

8 study hours
  • •Practice exam questions on annuity calculations.
  • •Focus on understanding different types of annuities and their applications.
Week
11

Module 1: Introduction

8h

Unit 1: Series

8 study hours
  • •Review all key concepts and formulas from the course.
  • •Work through additional practice problems to reinforce understanding.
  • •Focus on areas of weakness identified during previous weeks.
Week
12

Module 2: Core Concepts

8h

Unit 4: Interest

8 study hours
  • •Complete any outstanding assignments or tutor-marked assignments.
  • •Seek clarification on any remaining doubts or questions.
  • •Create a study guide summarizing key concepts and formulas.
Week
13

Module 2: Core Concepts

8h

Unit 5: Annuity

8 study hours
  • •Final review of all course materials.
  • •Practice with past exam papers to familiarize yourself with the exam format.
  • •Ensure a thorough understanding of all key concepts and formulas.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create a formula sheet summarizing all key equations for quick reference during the exam.

2

Practice solving a variety of problems from each unit to build confidence and familiarity.

3

Focus on understanding the underlying concepts rather than memorizing formulas.

4

Review tutor-marked assignments and identify areas where you need further clarification.

5

Allocate your time wisely during the exam, starting with the questions you find easiest.

6

Pay close attention to the wording of each question to ensure you understand what is being asked.

7

Double-check your calculations and answers before submitting the exam.

8

Use discounting tables effectively to save time on present value calculations.

9

Practice applying the concepts to real-world financial scenarios to enhance understanding.

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